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Rugby League
Rugby League Talk
Tax Office to wind up Tinkler's teams
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[QUOTE="subsbligh, post: 2464046, member: 1950"] A few clarifications: The NRL licence, the lease on Marathon Stadium and all the other club stuff I imagine are assets owned by Nathan Tinkler Company X Pty Ltd (Hunter Sports Management (?) Pty Ltd) which is sought to be wound up by the ATO. Just because Tinkler's company is broke, doesn't mean the Knights and Rugby League are done in the Hunter. Far from it - I remember the furore around privatisation and the Chief (yeah, I know right? Novacastrains throw money at at anything that the Chief supports) had to personally support Tinkler's buy out of the club. Most members were resistant. This deal to sell the club back to the Knights for $1 could be an uncommercial transaction (in my view) and void? That would just mean that the Knights would have to pay market value for the assets. [/QUOTE]
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Rugby League Talk
Tax Office to wind up Tinkler's teams
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