Nathan Tinkler relinquishes ownership of the Newcastle Knights

[perverse]

Well said Matchball! :lol:
Having that attitude is extending a courtesy to Tinkler that coaches and players dont get. Some examples -

• Phil Gould brought Penrith their maiden premiership. When Penrith won their second, the amount of venom they threw his way was unbelievable
• Michael Hagan coached your second premiership - arguably the best first half in a GF ever played. From that moment on you all bagged him because he couldnt repeat it.
• We did the same with Hagan, who at least got us to the finals when Brian Smith couldnt. Same with the Roosters and Sticky, NQ and Graham Murray.

Regardless of what good they did in the past, its what they do now that matters. Tinkler bought you lost of shiny new stuff, but he never brought you a premiership. Why are you treating him so much better than Hagan, when Tinkler has brought you to the edge of oblivion????

He brought you Bennett, who only came for the cash. He didnt get you Darius Boyd any more than a bloke dating a single mother goes and buys her some kids. Your ladder position has not improved. Your financial situation has deteriorated - once you were a poor club surviving on a meagre budget, now you are a poor club tied to a con artist who dragging you into oblivion. You are like a little tinny tied to the f*cking titanic!!!!!!!!!

It seems to me that the fans of this great working class club have f*cking lost the plot when Fat Nafan opened is wallet and the Antinov-sized moths flew out. Where is the passion to get rid of this f*ckwit out of your club before he drags you under?

You're bending a bit of truth regarding Hages. It was never established that he could coach, only that Johns could play. Given that I wasn't around on the forums, as a lurker or otherwise pre 2003... maybe even 2004 season, I couldn't say what our supporters said about Hages at that time.

I guess what it comes down to, Misty, is that I was involved in the takeover process of our club far more than any single other person in this thread. I was at stakeholder meetings, I attended closed sessions with both Ken Edwards, Troy Palmer... hell, even Steve Burraston, too. There are 3 other forum personalities I can guarantee were at most of the same stuff, and none of them are present in this thread, either. I know the ins and outs of the deal very specifically, and know the reasons why things were put in place. I have a hardcopy of the final takeover proposal at home. You say Tinkler is going to drag us under, my response to that is simply that it isn't a concern of mine. I've explained a multitude of times in this thread, in occasionally extremely verbose terms, why I'm not worried about Tinkler going bankrupt. Going over the same deeply trodden ground doesn't fill me with any amount of excitement at this stage.

So am I angry about the fat man trying to drag us down with him? Not at all, because our fate isn't tied to him. Had Tinkler got his way during the takeover, then I would be worried... but he didn't, and you would have had to have been there to know that. You can speculate all you like about the value of the bank guarantee, but it's all hot air. It was put in place SPECIFICALLY for the eventuality that he went bankrupt. With all the extra money getting pumped into the game, it would be foolish to even consider that the NRL would allow the Knights to die meekly, even if you took the bank guarantee completely out of the equation.

Why should I get stuck into my own teams supporters for sticking up for the bloke? Sure, they're probably wrong - but so is just about everyone else. I've tried to set the story straight a couple of times, failed under an ocean of bullshit spewed out of the dope brigades stupid fingers, and left the issue be for the most part. The whole thread is a complete joke of sizable proportions, and doesn't have any tangible merit outside of rustling jimmies until a significant development occurs in relation to the Knights.

If Tinkler goes bankrupt tomorrow, then he will have done our club a deep, amazing favour. If he sticks around longer, then we benefit from that, too. I'm not angry, because there is nothing to be angry about.

 

[betcats]

I don't dislike Tinkler for what he has done with the Knights. I dislike him because I think he is an arrogant fat bastard with terrible business ethics.

The Knights fans that Canard and others have mentioned are not defending the Knights/Tinkler deal, they are trying to defend his business practices in general and some even trying to say he is not really in any financial problems. I find that very annoying which in turn makes me want to put the boot into the Knights as a club.

 

[perverse]

I'd be careful with Ken Edwards over there at Parra, too. Smooth operator on face value... bit of a snake in the grass, I've heard recently. He certainly took Tinks for a fair ride. Don't think he'll put the interests of the club in front of his own, anyway.

 

[Big Tim]

You're bending a bit of truth regarding Hages. It was never established that he could coach, only that Johns could play. Given that I wasn't around on the forums, as a lurker or otherwise pre 2003... maybe even 2004 season, I couldn't say what our supporters said about Hages at that time.

I guess what it comes down to, Misty, is that I was involved in the takeover process of our club far more than any single other person in this thread. I was at stakeholder meetings, I attended closed sessions with both Ken Edwards, Troy Palmer... hell, even Steve Burraston, too. There are 3 other forum personalities I can guarantee were at most of the same stuff, and none of them are present in this thread, either. I know the ins and outs of the deal very specifically, and know the reasons why things were put in place. I have a hardcopy of the final takeover proposal at home. You say Tinkler is going to drag us under, my response to that is simply that it isn't a concern of mine. I've explained a multitude of times in this thread, in occasionally extremely verbose terms, why I'm not worried about Tinkler going bankrupt. Going over the same deeply trodden ground doesn't fill me with any amount of excitement at this stage.

So am I angry about the fat man trying to drag us down with him? Not at all, because our fate isn't tied to him. Had Tinkler got his way during the takeover, then I would be worried... but he didn't, and you would have had to have been there to know that. You can speculate all you like about the value of the bank guarantee, but it's all hot air. It was put in place SPECIFICALLY for the eventuality that he went bankrupt. With all the extra money getting pumped into the game, it would be foolish to even consider that the NRL would allow the Knights to die meekly, even if you took the bank guarantee completely out of the equation.

Why should I get stuck into my own teams supporters for sticking up for the bloke? Sure, they're probably wrong - but so is just about everyone else. I've tried to set the story straight a couple of times, failed under an ocean of bullshit spewed out of the dope brigades stupid fingers, and left the issue be for the most part. The whole thread is a complete joke of sizable proportions, and doesn't have any tangible merit outside of rustling jimmies until a significant development occurs in relation to the Knights.

If Tinkler goes bankrupt tomorrow, then he will have done our club a deep, amazing favour. If he sticks around longer, then we benefit from that, too. I'm not angry, because there is nothing to be angry about.

/thread

 

[Joker's Wild]

I don't dislike Tinkler for what he has done with the Knights. I dislike him because I think he is an arrogant fat bastard with terrible business ethics.

The Knights fans that Canard and others have mentioned are not defending the Knights/Tinkler deal, they are trying to defend his business practices in general and some even trying to say he is not really in any financial problems. I find that very annoying which in turn makes me want to put the boot into the Knights as a club.

Which is what perverse is pointing out. The views of the few are not the views of the many. Maybe you need to remember that.

Why dont more Knights supporters come in here and "attack the Tinklerphiles"? Why do we need to, there are plenty of you doing that already in this merry-go-round of a thread. Its really quite interesting to see just how worked up some of you are getting about other peoples opinions.

 

[betcats]

I'd be careful with Ken Edwards over there at Parra, too. Smooth operator on face value... bit of a snake in the grass, I've heard recently. He certainly took Tinks for a fair ride. Don't think he'll put the interests of the club in front of his own, anyway.

Was that for me? I support Penrith if so.

Mate it would ignorant of me to think Tinks is the only dodgey prick involved in league, just the most high profile at this time.

 

[perverse]

Was that for me? I support Penrith if so.

Mate it would ignorant of me to think Tinks is the only dodgey prick involved in league, just the most high profile at this time.

Sorry, it was a sidenote for Loudstrat.

 

[gyallop]

Well said Perverse.

I simply cant understand what part of a $20m BANK guarantee some people dont understand. The Knights risk is the bank being liquidated not HSG.

The bank guarantee covers the shortfall between what HSG promised to pay and what it actually pays.

Only Perverse can say how much of the guarantee can access in an event but I suspect if HSG is wound up the Knights get a $20m "windfall"...hardly likely to cause the death of the club!

 

[perverse]

Well said Perverse.

I simply cant understand what part of a $20m BANK guarantee some people dont understand. The Knights risk is the bank being liquidated not HSG.

The bank guarantee covers the shortfall between what HSG promised to pay and what it actually pays.

Only Perverse can say how much of the guarantee can access in an event but I suspect if HSG is wound up the Knights get a $20m "windfall"...hardly likely to cause the death of the club!

Especially when you consider that we're already $5 million ahead (roughly the debt we were in)... and that's money already paid, done and dusted. The guarantee drops to $10.3mill with yearly CPI increases after January 31st this year... which is the most likely reason for the Members Club getting a little anxious a couple of weeks ago. Little has been made of the fact that the Members Club walked away from that meeting satisfied with where everything is at. Let me tell ya, there is plenty enough self-interest in that bunch to kick up a stink if they see something they consider awry at the club.

 

[betcats]

Well said Perverse.

I simply cant understand what part of a $20m BANK guarantee some people dont understand. The Knights risk is the bank being liquidated not HSG.

The bank guarantee covers the shortfall between what HSG promised to pay and what it actually pays.

Only Perverse can say how much of the guarantee can access in an event but I suspect if HSG is wound up the Knights get a $20m "windfall"...hardly likely to cause the death of the club!

Who is saying that?

 

[Canard]

Perv you seem a level headed bloke.

But the " he has done alright by us attitude" is back bit hard for others to accept its like saying " Well Bernie Madoff never did anyone any harm"

He is pissing away any goodwill at as massive rate of knots with local business community surely?

 

[Fire]

Fat guy in car crash lol!

http://www.youtube.com/watch?v=I79ESPLIKyE

 

[kmav23]

if Tinkler is spending so much on the knights.... e.g high salaries, expenses costs. ... etc

once fatty leaves.. how can the knights continue to pay for this every year...

they will have to cut costs jobs etc... as the money will run out...

 

[Joker's Wild]

That will be up to the new admin to work out via sponsorships and other revenue streams

$10M can last a long time if invested properly, $20M even longer

 

[kmav23]

Tinkler rides new motorbike to Knights

 

[Fire]

^ They have the roster to be successful, too. Just have a look at the annual reports of clubs that have won the Premiership that year...it certainly attracts sponsors and spikes in merchandise sales.

 

[perverse]

Perv you seem a level headed bloke.

But the " he has done alright by us attitude" is back bit hard for others to accept its like saying " Well Bernie Madoff never did anyone any harm"

He is pissing away any goodwill at as massive rate of knots with local business community surely?

lol, I can be level-headed... but am not typically known for it.

I couldn't really say on that one, news out of Knights HQ has been a little slim for me since the takeover... and I don't generally deal with companies that deal with the Knights. I'm not aware of any ill-will towards the Knights in Newcastle, quite the contrary actually. As far as the average punter goes, interest is higher than it has been for 10+ years.

What has Tinkler done after the takeover that he hadn't already done before it? We were damn well educated before we voted, we knew the character of the man and we voted a resounding 97% in favour of the takeover. We were happy to take his money, but the second there's a bump in the road people want us to turn on him... when we knew FULL WELL that he doesn't pay his bills on time. It all just seems so precious, knee-jerk and hypocritical to me. My gut feeling is that he has an ace or 2 up his sleeve yet, to be honest... but I have less knowledge than others on the facts of the matter.

 

[kmav23]

That will be up to the new admin to work out via sponsorships and other revenue streams

$10M can last a long time if invested properly, $20M even longer

not if you want the best coach.... facilities... staff... etc

adds up.....

the knights better get their act together

as Kerry packer said

"there is only 1 Alan bond in your lifetime "

 

[perverse]

You must have lube on tap next to your PC, kmav.

 

[Matchball]

Why can't knights fans just death ride him for bankruptcy?
Vote him out and reclaim a debt free club with cash in the bank.

Sooner he is gone the better. He only bought the knights and the jets to get other business done within the community.
He wants to control the coal and the ports. Simple as that.