Isn't the Wests CEO on the knights board?Strange one this, obviously NRL want to sell, Wests LC is the only real buyer...
Wests are stuck between the fact that this wont make money, but their reason for being, writen on the front page of their charter, is to propegate RL in Newcastle.. but not the knights..
But wests can just sit and do nothing,
Surely NRL has to get to table with wests, and give them a cheap deal..
Waiting for a $10M payday, is a joke by the NRL.. as wests are just looking at the numbers.. not much emotion there..
Isn't the Wests CEO on the knights board?
Resigned last year, reckons Wests won't pay $10m.Nope
Newcastle Knights Limited (ABN 86 003 363 228)
BOARD
Chairman Brian McGuigan AM – Director Global Vintners Pty Ltd
John Quayle – Chairman of Venues NSW who is a former CEO of the Australian Rugby League
Katie Brassil – General Manager of External Affairs at Centennial Coal
Eileen Doyle – Director Newcastle Ports, Bradken, GPT and Boral, Chairman Hunter Valley Research Foundation
Mark Fitzgibbon – CEO of NIB Health Funds
Peter Shear – NRL advisor and former Lloyds Banking Group executive
http://www.theherald.com.au/story/4105124/knights-board-games/He told the Newcastle Herald he wanted to ensure there was no conflict of interest – or perception of conflict – as the NRL prepares to put the Knights on the market, although he stressed that did not necessarily mean Wests would be among the bidders.
“I signed up for two years, and that two years finishes at the end of the season,’’ Gardner said.
“The board has a divestment strategy and is looking for an owner to take the Knights onto glory.
“I’m conflicted in that process, which is another reason why I’m going.’’
Asked if that meant Wests was preparing to launch a takeover bid, Gardner replied: “You can’t reach that conclusion.
“Realistically if anyone is going to pay over $10 million for the [Knights] club, then that won’t be Wests. That’s my personal opinion.’’
Yep, but it's Rothfield, "discussed" could be used very loosely.I agree with Wests how is NK worth $10 M ??
Bit disgracefull by NRL to discuss moving Newcastle, when they basically have the most passionate and highest % fan base / population in probably the whole RL world.. only NQ would rival it..
Its like NFL saying Green bay is too small for a team..
Yep, but it's Rothfield, "discussed" could be used very loosely.