Nathan Tinkler relinquishes ownership of the Newcastle Knights

[Alex28]

I seriously didn't realise Loudstrat was this much of a moron after all these years on this forum. His inability to debate a topic - amazing.

 

[Spot On]

His bills don't bother me much at all.

Its geniused merkins like you trying to convince people that Tinkler is fine, he just doesn't like to pay on time, what a f**king joke.

Thanks for the compliment.

I have not attempted to convince anyone that "Tinkler is fine". I have stated that I don't care about his financial worries. It's not my money. It's not an issue that concerns me as much as it does you.

Next.

Are you a tradie Betcats?

 

[kmav23]

"Alex28 thanks for defending me.... on the forum... i shall not eat you "

 

[Newcastlerabbit]

"Alex28 thanks for defending me.... on the forum... i shall not eat you "

Tinkler in happier times.

 

[Alex28]

Still can't answer the question champ...

 

[Loudstrat]

I seriously didn't realise Loudstrat was this much of a moron after all these years on this forum. His inability to debate a topic - amazing.

What havent I debated? Your assertion that Tinkler has the money? Your assurance that every company waits for the ATO to wind them up before they consider paying bills? Your f*cking nutjob idea that corporates like being taken to court equates to a form of investment?

"Alex28 thanks for defending me.... on the forum... i shall not eat you "

Horse in more terrifying times.

 

[Alex28]

I say something, then you carry on like a whackjob not actually taking the topic seriously or taking shots meaning you either can't respond or don't actually understand what you are responding to. It's kinda sad.

Big business stretch terms on what they pay on all the time. Business of any size stretch terms on when they pay the tax department all the time. You obviously don't get that, so throw a few more insults my way champ. Just makes you look dumber.

 

[Eion]

Geez, a bit more going in here than stretching terms. But whatevs, tinks is fat, kmav a knob, and newy will survive.

 

[Loudstrat]

No one could look dumber than you.

How many other big businesses are global tax offices seeking wind up orders from? Rio Tinto? Telstra? General Motors? Coke-Amatil? Microsoft? McDonalds? Apple? Daimler Chrysler?

Its your total inability to see logic and reason that opens the door to allegations that you are a brainless f*ckwit. The ATO is leading a long list of creditors with their foot on Tinklers throat - and you wont even admit that.

 

[Alex28]

Hook. Line. Sinker. You have no understanding in what happens in the real world in business, yet you fight with anyone who tries to tell you. When you can't retort, you start calling names.

They obviously tried to stretch the ATO out and they took action. They then got 2 months to sort it out before the courts would sort it out for them. I don't really get what is so hard to understand about that. They can pay it out the day before the courts sit and avoid being wound up. That is the reality.

You mightn't like that, but that is the real world in business. This happens all the time whether you like it or not.

Is any action being taken against the companies that own his key assets? No. Only the ones that he can afford to lose that have nothing to do with the Whitehaven shares. That way he can pick and choose which battles to fight (the Knights) and which ones not to (the plane and helicopter).

Is that really too hard to understand?

 

[kmav23]

Tinkler needs the share price to go up 20 % to break even.

 

[Munky]

To my surprise it turns out Tink's Whitehaven shares are considered TARP (Taxable Australian Real Property) for Australian capital gains tax purposes which caught me off guard. I guess its time to study up again.

Shame for him, he could have got off tax free if they were NTARP (Non Taxable Australian real Property) by moving residence to Singapore when the shares were trading lower than his acquisition price and crystalised the capital loss.

Be interesting to see where all this goes because if he does sell out of Whitehaven at a profit as the ATO will come calling for their 30% cut.

 

[Alex28]

Tinkler needs the share price to go up 20 % to break even.

Show me some proof. Not a news article, some actual proof. Not saying you ste wrong, but you quote anything and everything you find on the internet - all of which has no actual proof to back up their figures. So prove it mate.

 

[Slackboy72]

This is the thread that just keeps on giving.

 

[Raiders_Premiers]

Show me some proof. Not a news article, some actual proof. Not saying you ste wrong, but you quote anything and everything you find on the internet - all of which has no actual proof to back up their figures. So prove it mate.

Dear God.....

 

[kmav23]

Show me some proof. Not a news article, some actual proof. Not saying you ste wrong, but you quote anything and everything you find on the internet - all of which has no actual proof to back up their figures. So prove it mate.

FMD !

i suppose Bloombergs and SMH are gossip sites...

the ATO just playing a pranks

show me proof Obama is president ? not just articles...

 

[kmav23]

Show me some proof. Not a news article, some actual proof. Not saying you ste wrong, but you quote anything and everything you find on the internet - all of which has no actual proof to back up their figures. So prove it mate.

 

[kmav23]

Show me some proof. Not a news article, some actual proof. Not saying you ste wrong, but you quote anything and everything you find on the internet - all of which has no actual proof to back up their figures. So prove it mate.

 

[kmav23]

Show me some proof. Not a news article, some actual proof. Not saying you ste wrong, but you quote anything and everything you find on the internet - all of which has no actual proof to back up their figures. So prove it mate.

 

[Alex28]

No proof then. Stop posting shit as fact - you didn't even provide a link proving your 20% increase statement. You obviously know how to use Google - your tired images suggest that. Show us some dollar figures backing up your statements.

Bloomberg and SMH have agendas to run. Linking them as fact behind your statements doesn't actually prove anything.

Still no answers to my questions around him walking away from owning the club?