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Newcastle Knights ownership wrangle to come to a head with club payday

Discussion in 'News' started by Jethro, Jun 9, 2014.

By Jethro on Jun 9, 2014 at 12:57 PM
  1. Jethro

    Jethro This space is for rent Staff Member Premium Member 2016 Tipping Competitor

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    A POTENTIAL flashpoint in the ownership wrangle that continues to dog the Newcastle Knights will arrive this Friday if the NRL fails to reach an agreement with the Knights Members’ Club beforehand.

    That’s when the club’s players and staff are due to be paid their monthly wages.


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Discussion in 'News' started by Jethro, Jun 9, 2014.

    1. Jethro

      Jethro This space is for rent Staff Member Premium Member 2016 Tipping Competitor

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      A POTENTIAL flashpoint in the ownership wrangle that continues to dog the Newcastle Knights will arrive this Friday if the NRL fails to reach an agreement with the Knights Members’ Club beforehand.
      [​IMG]That’s when the club’s players and staff are due to be paid their monthly wages.

      The question is: Who will fork out the cash? Presumably not Nathan Tinkler’s Hunter Sports Group, who has settled on a deal with the NRL to walk away.

      That leaves the NRL or the Members Club, who, as of Friday night, are at loggerheads over how the Knights should be administered into the future.

      The Members’ Club wants to retain its identity and be a worthwhile partner in any new entity going forward.

      The NRL clearly views them as yesterday’s men and doesn’t want them anywhere near the new franchise but are struggling to come up with a palatable way to cut them loose.

      The NRL’s pointed statement on Friday night letting fans know the Members’ Club was the road-block standing in the way of an agreement which would secure the Knights’ future and make them one of the most financially viable clubs in the NRL was the first public sign they have lost patience with the negotiation process.

      They want it out there the Members’ Club are the bad boys.

      But rather than throw in the towel, the Members’ Club is showing signs they are willing to fight for a slice of the action.

      Complicating the issue further is speculation that Wests Group may not be as willing to take on the responsibility as first thought. It has to be brought to a head this week.

      Barry Toohey
      The Daily Telegraph

      http://www.dailytelegraph.com.au/sport/nrl/newcastle-knights-ownership-wrangle-to-come-to-a-head-with-club-payday/story-fni3gf5j-1226946967122
       
    2. globaleagle

      globaleagle Où est mon chapeau Premium Member 2016 Tipping Competitor

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      Either jethro's having a seizure which is affecting his typing, or Dan's still got some bugs in the system!




      Either way, it seems the nrl and members' club are blaming each other for the delay.
       
    3. Jethro

      Jethro This space is for rent Staff Member Premium Member 2016 Tipping Competitor

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      Huh? What are you on about? [​IMG]
       
    4. globaleagle

      globaleagle Où est mon chapeau Premium Member 2016 Tipping Competitor

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      Damn hillbilly! Yer all is lucky I don't believe in pyramid quotin'

      edit: It looked like this (for you others that think I was going crazier than usual)...


      <em><strong>Jorge Taufau:</strong></em> A quiet game by his normal Brookie standards, but slippery weather makes it very tough for wingers to shine.

      <em><strong>Jamie Lyon:</strong></em> Made up for a rare below par performance in Brisbane with a bullet proof defensive shut down of T Rex and co, and slotted the ball beautifully for 6/6 important goals.

      <em><strong>Steve Matai:</strong></em> Tough, strong, ever alert performance as always



      *thanks to cf2's report.
       
    5. HappilyManly

      HappilyManly MWTS Premium Member 2016 Tipping Competitor

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      I agree with the Members, their $1 input should be enough to get a seat on the Board :)
       
    6. Alan

      Alan Well-Known Member

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      hard to read through the bottom of a jack bottle
       
    7. Jethro

      Jethro This space is for rent Staff Member Premium Member 2016 Tipping Competitor

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      @globaleagle

      Hmmm, that's strange. The cf2 report was fine the other day but it certainly wasn't today. I have gone back and edited it so hopefully it is right now for you. Can you check The Good, The Bad and The Ugly Report - Rd 13 for me again and let me know if it reads okay now for you too. :)
       
    8. globaleagle

      globaleagle Où est mon chapeau Premium Member 2016 Tipping Competitor

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      All is well now! 5 qld thumbs up! :)
       
    9. Jethro

      Jethro This space is for rent Staff Member Premium Member 2016 Tipping Competitor

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      .
      Related article:

      NRL set to take full control of Newcastle Knights guaranteeing financial future

      Barry Toohey
      The Daily Telegraph
      June 10, 2014 12:00AM


      THE uncertainty surrounding the future of the Newcastle Knights will become clearer on Tuesday with the NRL poised to announce it will take over the running of the club following the departure of former owner Nathan Tinkler.

      A marathon meeting between the NRL and representatives from the Knights Members’ Club at League Central on Monday paved the way for an agreement to be reached in principle for the game’s governing body to assume full control of the club.

      Read More
      .
       

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