Nathan Tinkler relinquishes ownership of the Newcastle Knights

[my2centsworth]

His representative from HSG has to sign it off..... It's headed for court.

Tinkler loves court.

Hates Tradies...Loves Lawyers...Tinks is one of a kind

 

[Munky]

I'll certainly give Tinks one thing, he has crafty accountants.

Dr Equity
. Cr loan

Usually goes the other way though...

 

[Canard]

Has Notell let us all know if this topic is with discussing yet?

 

[Sphagnum]

http://www.racenet.com.au/news/100552/Patinack-Farm-sold---Lock,-stock,-and-barrel

 

[Rosetta]

Patinack was a massive cash drain on Tinkler, he needed to sell it off 2 years ago tbh.

It'll be interesting to see if any of the cash he has made from the sale will be used to pay the staff and players at the Knights, if it isn't it would pretty much confirm he is deliberately not paying as part of a devious exit strategy.

 

[Canard]

http://www.racenet.com.au/news/100552/Patinack-Farm-sold---Lock,-stock,-and-barrel

Firesale.

The most interesting quote was from Tinkler "..as I now reside overseas..."

 

[Rosetta]

He's been "residing" in Singapore for at least a year now, it's a tax haven if you "reside" there yet make your money overseas so plenty "reside" there now.

 

[Cletus]

Firesale.

The most interesting quote was from Tinkler "..as I now reside overseas..."

Not this one?

my focus is on our core operations in resources and mining

I think he'll shaft the Knights somehow, especially as he's apparently bought a new coal mine.

 

[Canard]

Not this one?



I think he'll shaft the Knights somehow, especially as he's apparently bought a new coal mine.

Yeh, good point.

But the overseas thing, comes across very dodgy.

"I owe a shitload of people and the government, so I'm outta here"

 

[Card Shark]

"I owe a shitload of people and the government, so I'm outta here"

Maybe for his safety as well as financial reasons he's done a runner.

They'd be a few that want a piece of him.

 

[BunniesMan]

Patinack was a massive cash drain on Tinkler, he needed to sell it off 2 years ago tbh.

It'll be interesting to see if any of the cash he has made from the sale will be used to pay the staff and players at the Knights, if it isn't it would pretty much confirm he is deliberately not paying as part of a devious exit strategy.

He could have paid the players instead of buying a mine.

 

[Noname36]

He could have paid the players instead of buying a mine.

The mine had nothing to do with it. HSG weren't going to pay the players and staff either way. Palmer pretty much said they were deliberately withholding payments as a statement to the club.

 

[Alex28]

If this is true the NRL will take the licence off him whether a deal is done with the members club or not:

http://www.dailytelegraph.com.au/sp...n-tinklers-phone/story-fni3gf5j-1226927448766

His assessment of Boyd is pretty fair though...

 

[Chicken_Hunter]

He has no place to be sending any of the players abusive texts, especially Mullen when he was injured.

 

[Swarzey]

Regardless of how truthful his texts are, he's an absolute merkin.

The way he and HSG has handled this is just absolutely disgraceful.

 

[Frailty]

It'd be comical if it weren't reality.. Ok it is perhaps still pretty funny.

That being said, I don't trust anything written by the Tele, especially when the only quote is someone from HSG denying/asking for evidence.

 

[innsaneink]

Yeh Boyd deserves everything comes his way, fkn sook

 

[Noname36]

Ahhh, that takes me back. The players haven't gotten abusive texts since Brian Smith left. Good times.

 

[Canard]

If true.

What a lowlife deadbeat scumbag.

 

[Newcastlerabbit]

Will we hear a statement from "CEO" Gidley or Harrogan on this? I think not.