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Nathan Tinkler relinquishes ownership of the Newcastle Knights

BunniesMan

Immortal
Messages
33,738
Cut the shit. Newcastle aren't going anywhere. They're one of the greatest clubs in the code, regardless of their size when compared to the Broncs and Souffs.

Oh yes Give Newcastle to Rugby/soccer, are you nuts?

What is the matter with you two and the several others who posted along these lines?

Where did I say it was possible or advisable for the NRL to kill Newcastle? I was mentioning how every single time in the last 5 years there is a financial or off field drama of any sort for any club Florimo pops up with his "The Central Coast Bears are ready to go from round 1 next year". He's done it when Cronulla have issues every 6 months. He's done it with the Titans and the Panthers. Anytime anyone has issues.

I was mocking the media and Florimo, not Newcastle. That was obvious to anyone who actually read my post.

Wow BunniesMan is a moron.

You too? You're usually smarter than that or are you just trolling?
 

I Bleed Maroon

Referee
Messages
26,143
What is the matter with you two and the several others who posted along these lines?

Where did I say it was probably or advisable for the NRL to kill Newcastle? I was mentioning how every single time in the last 5 years there is a financial or off field drama of any sort for any club Florimo pops up with his "The Central Coast Bears are ready to go from round 1 next year". He's done it when Cronulla have issues every 6 months. He's done it with the Titans and the Panthers.

I was mocking the media and Florimo, not Newcastle. That was obvious to anyone who actually read my post.




You too? You're usually smarter than that or are you just trolling?

It's a safer bet to assume you meant something batshit stupid.
 

BunniesMan

Immortal
Messages
33,738
FFS nobody was saying they are going anywhere. f**king read before you flame.

I've said from the first moment this drama started years ago that Tinkler is f**ked and should go asap but the Knights have never been and will not be in any real danger.
 

Rosetta

Juniors
Messages
683
Joey just stated the NRL have taken over control of the club, only reason HSG would allow this is if they were paid to hand the license back.
 

thorson1987

Coach
Messages
16,907
Joey mentioned on MMM tonight about the money Tinky boy was putting into junior development.

Will that be carried on?
 

BunniesMan

Immortal
Messages
33,738
Joey just stated the NRL have taken over control of the club, only reason HSG would allow this is if they were paid to hand the license back.

It'll be interesting to know the details of the handover. Especially what, if any, money changed hands. And in which direction it changed hands.
 

Noname36

First Grade
Messages
7,067
Joey mentioned on MMM tonight about the money Tinky boy was putting into junior development.

Will that be carried on?

The club was putting money into junior development and the local league before Tinkler so I assume they'll keep doing it post-Tinkler.
 

Perth Red

Post Whore
Messages
70,262
We'll on the plus side the new management are starting with a clean financial slate, let's hope they get a better board than the mob that put them in massive debt.

Shame it didn't work out, souths have shown what decent investment can do for a club, knights could have been one of the worlds top RL clubs if Tinks hadn't blown it.
 

Noname36

First Grade
Messages
7,067
With $7mill in debts not a lot I wouldn't have thought?

Club was well in debt before Tinkler and still put a lot in. Before moving to Sydney recently I had a volunteer role at one of the Newcastle RL clubs and the Knights always gave us a heap of money.
 

johns_reds

First Grade
Messages
8,079
Club was well in debt before Tinkler and still put a lot in. Before moving to Sydney recently I had a volunteer role at one of the Newcastle RL clubs and the Knights always gave us a heap of money.

Well that will probably stop, if they were throwing money around before Tinkler and got in debt, then threw money around whilst Tinkler was there and got into debt again, then surely third time round they'll learn and have massive cuts to funding junior league, shame really.
 

BunniesMan

Immortal
Messages
33,738
We'll on the plus side the new management are starting with a clean financial slate, let's hope they get a better board than the mob that put them in massive debt.

I wouldn't be making any assumptions. If the $1 takeover isn't legit than we don't know how many other misconeptions there are in this entire situation. Including how clean or otherwise the financial slate is.
 

Noname36

First Grade
Messages
7,067
Well that will probably stop, if they were throwing money around before Tinkler and got in debt, then threw money around whilst Tinkler was there and got into debt again, then surely third time round they'll learn and have massive cuts to funding junior league, shame really.

Who knows really. Those type of decisions are really well down the line. The NRL has control at the moment and it'll all depend on what kind of management model and board make up they like.
 

Canard

Immortal
Messages
35,786
Every thread turns into a f**ktard of responses to BM.

Nobody actually reads the actual content anymore.

He hasn't relinquished ownership of Shit.
 
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BunniesMan

Immortal
Messages
33,738
SO how will Nathan Tinkler be *remembered after his failed foray into rugby league? To be perfectly frank about it, as a complete tyrant.

And if this wasn’t a family newspaper I would be using much more colourful *language.

Just because you’re a flash Harry who turned $500,000 into almost $500 million overnight by taking a massive punt in the mining industry doesn’t give you the right to treat *people like rubbish.

That’s Nathan Tinkler’s biggest downfall. For a supposedly blue-collar bloke who started out as a sparkie in the Hunter region, I would have thought the failed Knights owner would understand the importance of treating people with some respect.

Unfortunately, everything Tinkler touches seems to be layered with ego, arrogance and a horrible bedside manner. From the Newcastle Knights to the horse racing industry to his smug appearance down at the Independent Commission Against Corruption last week, this bloke just comes across as an A-grade arse.

Sure, you’ve made and lost a lot of money. You know what Nathan, I couldn’t give a rat’s. It doesn’t give you the right to promise to get Darius Boyd a $200,000 third-party deal, not deliver and expect him to just suck it up.

Then there’s the fact that *Tinkler’s phone was used to bombard poor Jarrod Mullen, one of rugby league’s nicest blokes, with text messages criticising his teammates and the very proud Newcastle club.

Trying to deal with Tinkler and the Hunter Sports Group over the past three years hasn’t been easy.

The sky would appear it was *collapsing, with players and staff being paid late again. Yet Tinkler, through his Hunter Sports Group rep Troy Palmer, would be telling the rugby league community it was all blue skies and sunshine — business as usual.
I almost dropped my phone when Palmer tried telling me the Newcastle players “loved Nathan” on Thursday. Please. Talk to people in the Hunter about Tinkler and you’ll be flat out *trying to find anyone who’ll say a good word about him, particularly the Newcastle players.

The people who I really feel for out of Tinkler’s collapse are the Newcastle supporters. All they want is a team they can be proud of, but the way the Hunter Sports Group has conducted itself over the past three years has grossly eroded their level of trust. I feel for Matt Gidley and Paul *Harragon, two icons of the Hunter who should *always be remembered as the wonderful rugby league players they were and for the premierships they helped *deliver the Knights.

Gidley and Harragon, more than anyone else, got sucked into the *Tinkler vortex of promises and myths but have now been spat out as collateral damage. I hope the new ownership model of the club sticks by them.

All they ever wanted was for the Knights to be successful. They didn’t grasp the truth of how Nathan Tinkler does business. Who could have?

As Matty Johns outlined on Thursday, Tinkler’s privatisation of the Knights back in 2011 was a no-brainer.

A cashed-up billionaire who was a Knights supporter wanting to pour millions into the club to turn them into a superpower.

Of course the members had to go for it. But ex-Newcastle chairman Rob Tew and ex-chief executive Steve *Burraston smelled a rat.

They did their background checks on the mining magnate and found so many skeletons in his cupboard that they made Tinkler sign a $20 million bank guarantee, now a $10.52 million Westpac cheque, and write in a clause about the club’s members being able to buy the club back for $1 if it all went belly-up.

Today, the Newcastle supporters should be lining up to buy them a beer.

Good riddance, Nathan. Please don’t ever darken the doorstep of *Australian sport again.

http://www.dailytelegraph.com.au/na...oray-into-league/story-e6freuy9-1226929251278

A rare first class article from DT. Every word I agree with. And I've been saying it for 2 years. You could just tell he was a grub.

They should build statues of Tew and Burraston.

I also hope Gidley and Harragon are not judged too harshly. They're harmless idiots who got in over their head. I think they're both fundamentally good blokes, unlike their boss.
 

Perth Red

Post Whore
Messages
70,262
So looking to the future how do the Knights use their big supporter base to be sustainable without private investment?
 

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