Tinkler is a business man, this is just a part of the manouvering I'm sure. You don't want to put that much money into something then just walk away. It will put fan pressure on the board to sort it out quicker.
Either that or the Knights board have got coal in their head!
Obviously this guy isn't that keen on the knights or he is giving them a rubbish deal, if he really wanted to own them and had put in a good offer why would he try to put so much pressure on the sale to happen so quickly, let them think it through, it's a massive decision for the club, this deal stinks a little bit if you ask me.
I'm going against the grain here and saying good riddance. From all reports management wanted to call a meeting today to discuss some finer points such as junior support, and a buy back price for the club. Sounds like they wanted to ensure the community wasn't going to get screwed over.
Tinkler seems like a petulant child with a lot of money who either immediately gets his own way, or nothing.
However, there is nothing in his background that suggests that he has what it takes to lead a professional sporting franchise as large and complex as the Newcastle Knights.
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After giving in-principle endorsement on January 19 to Tinkler's offer, Tew said three components of the deal had since been altered.
Tew said ''the first and overriding issue'' was that the offer, as it stood, ''represents a significant departure from the $100 million proposal guaranteed to be paid over 10 years that was announced by The Tinkler Group last month''.
He said: ''The present offer does not commit to a 10-year period. The offer of guarantee at present is for a period of two years, and does not commence until March 31, 2012.''
He said TSG wanted to calculate all revenue, including ticketing and membership, in its definition of ''sponsorship income''.
''On that basis, the total is already as high as $10 million, and therefore the contribution by the Tinkler Group would be zero,'' Tew said.
I'm going against the grain here and saying good riddance. From all reports management wanted to call a meeting today to discuss some finer points such as junior support, and a buy back price for the club. Sounds like they wanted to ensure the community wasn't going to get screwed over.
Tinkler seems like a petulant child with a lot of money who either immediately gets his own way, or nothing.
Good and bad news IMO. Good riddance to the alleged underhanded negotiations he's "supposedly had" with Snowden and/or Idris; but bad news for the CC Bears.
I doubt that this guy knows how to manoeuvre - either physically or in business negotiations. He has enjoyed a very lucky run as an entrepreneur, and good luck to him.
... and very occasionally skeepe takes a peek from behind the mask. best post in the thread.As much as it pains me to say it, this is a good thing for the Knights.
Let's look at the last 7 days in the world of Nathan Tinkler.
He has reportedly made offers to Snowden and Idris that would tie up almost a quarter of the club's salary cap - and this with absolutely no knowledge of the club's current cap situation.
He has shown amazing impatience and petulance, and from the reports I've read seems to think he's above little things like due diligence. Who's to say that he wouldn't have considered himself above other little things like the salary cap?
No, at the end of the day I think the Knights are better off without Tinkler.
That said, I have absolutely no pity for the delusional Knights fans who arrogantly asserted that Tinkler would turn them into a premiership force, and the club that everyone wanted to play for. When I think of them, I can't help but laugh.
very lucky? He's worth a billion $'s isn't he? Geez that is some luck if he has no business sense!
at the end of the day he was offering to put $100mill into an NRL club, not many times an offer like that comes along. Wonder if he wants to expand his operations West?![]()