Talking Footy

Xman wrote:

Raiderdave wrote:

Stewie wrote:

They're fucked because they opted for private ownership

yes .... they could be as much as to 42 Million dollars ahead of your lot .... but they're the ones that .. F/ucked up


side splitting stuff

That'll last a few seasons only....then what happens?

yes ... they have no other sources of income ... none at all

Raiderdave wrote:

Xman wrote:

Raiderdave wrote:

yes .... they could be as much as to 42 Million dollars ahead of your lot .... but they're the ones that .. F/ucked up


side splitting stuff

That'll last a few seasons only....then what happens?

yes ... they have no other sources of income ... none at all

They'll run out , then its over.

When will the NRL learn about the dangers of private ownership?!

Xman wrote:

Raiderdave wrote:

Xman wrote:

That'll last a few seasons only....then what happens?

yes ... they have no other sources of income ... none at all

They'll run out , then its over.

When will the NRL learn about the dangers of private ownership?!

they'll run out wil they ?
haven't run out in the last 25 years ... but will now

Raiderdave wrote:

Xman wrote:

Raiderdave wrote:

yes ... they have no other sources of income ... none at all

They'll run out , then its over.

When will the NRL learn about the dangers of private ownership?!

they'll run out wil they ?
haven't run out in the last 25 years ... but will now

Imagine relying on a fuckwit like Tinkler who's next Clive

pookus wrote:

Raiderdave wrote:

Xman wrote:

They'll run out , then its over.

When will the NRL learn about the dangers of private ownership?!

they'll run out wil they ?
haven't run out in the last 25 years ... but will now

Imagine relying on a fuckwit like Tinkler who's next Clive

yeah .... lucky they didn't take him at his word & had 20 million put aside if he he went under eh

geez some VFL clubs wouldn't mind having that sorta dough as back up eh ... poohfiddler ?

Raiderdave wrote:

pookus wrote:

Raiderdave wrote:

they'll run out wil they ?
haven't run out in the last 25 years ... but will now

Imagine relying on a fuckwit like Tinkler who's next Clive

yeah .... lucky they didn't take him at his word & had 20 million put aside if he he went under eh

geez some VFL clubs wouldn't mind having that sorta dough as back up eh ... poohfiddler ?

We dont have to you moron we the members own our clubs dave.They cant be taken off us and they are secure with footy income.Not owned by leagues clubs or fat millionaires,the people dave.We dont rise and fall on the backs of others,We are the AFL not the national pokie league

pookus wrote:

Raiderdave wrote:

pookus wrote:

Imagine relying on a fuckwit like Tinkler who's next Clive

yeah .... lucky they didn't take him at his word & had 20 million put aside if he he went under eh

geez some VFL clubs wouldn't mind having that sorta dough as back up eh ... poohfiddler ?

We dont have to you moron we the members own our clubs dave.

this news just in
Poort Snortelaide post a 6.3 Million dollar loss in 2012... while the Paddle pop wions post a 2.6 Million dollar loss
along with about 7 other VFL clubs who either also finished in the red .. or cost the VFL 40 Million dollars to run in 2012


reality & you
like ships in the night
just passing by aren't yuz

Dave, embarrassing yourself again

They made a 2m dollar loss....they'll be back on track in 2014 when they move to Adelaide oval. Amazing how your arguments are based on lies

What, Tinks stuffs up, the Knights have $20 mill in the bank, the club gets sold back for $1, the members take ownership.

What's the problem if they already have $20 mill in the bank and a competitive team on the park with one of the best coaches who's obviously been paid or he wouldn't be there, so what's the problem, if Tinks goes, the club will still be run and all that will happen is it will be sold to someone else, or the members will do their own thing.

ParraEelsNRL wrote:

What, Tinks stuffs up, the Knights have $20 mill in the bank, the club gets sold back for $1, the members take ownership.

What's the problem if they already have $20 mill in the bank and a competitive team on the park with one of the best coaches who's obviously been paid or he wouldn't be there, so what's the problem, if Tinks goes, the club will still be run and all that will happen is it will be sold to someone else, or the members will do their own thing.

The members take ownership? Now they are stuffed!

Lots of clubs around the world are run by members or members trusts, I have no problem with that.

ParraEelsNRL wrote:

Lots of clubs around the world are run by members or members trusts, I have no problem with that.

Werent they essentially saved by private ownership? What happens when they're run into the ground like that again?

No they weren't saved, it was all BS, look at the new TV deal for a start.

The so called RL writers out here like to beat as much crap up as possible about the game, nothing is ever good enough.

Audit proves Nathan Tinkler made good on promises to Newcastle Knights

MILLIONAIRE Nathan Tinkler's troubled empire is set to be boosted by a $10 million windfall next week with an independent financial audit of the Newcastle Knights poised to finally end immediate speculation over his ownership of the club.

Knights officials claim the audit proves Tinkler has honoured all terms and conditions of his 2011 takeover of the club, with the document to go before a meeting of the Knights Members' board tomorrow morning for ratification.

"It's pretty clear-cut - everything Nathan said he would deliver on he has and the audit spells it all out," Knights CEO Matt Gidley said. "There's been a lot of speculation surrounding all this but there was never really any dramas from our point of view. We are just focused now on the season ahead.

"No one should doubt Nathan's commitment to the club and to Newcastle. To raise $10 million in sponsorship and his commitment to junior development and the Newcastle league - it speaks for itself."

The audit, conducted by Crosbie Warren Sinclair, is understood to confirm Tinkler has made good on his promise to guarantee the club sponsorship of $10 million last year in addition to providing funding of $2.5 million for junior development and $300,000 for the running of the Newcastle Rugby League and working capital for the day-to- day running of the club.

A $20 million bank guarantee provided by Tinkler was another cornerstone of the takeover agreement and a safeguard should Tinkler default on any of his commitments.

Tinkler will pocket almost half of that on January 31 with the guarantee to revert to $10.3 million on that date provided the audit is rubber-stamped by the Members' club at tomorrow's meeting.

Members' club chairman Nick Dan took possession of the audit last Friday but refused to speculate on the outcome of the meeting.

He did confirm that he has already sought clarification from the auditors on a couple of points in the document.

"I've asked a few questions of the auditors already and I've asked my board to get back to me before the meeting if they have any queries," Dan said yesterday.

LINK


Well that settles that. Newcastle rolling in it

Well that's the Knights done, so where does this leave the Soccer club?

A league would be really hurt losing a Newcastle heartland team.

I hope they survive.