Tinkler on the brinkler...trouble for the Knights?
- Thread starter Coxy
- Start date
Bucking Beads
International Captain
- Mar 5, 2008
- 24,604
- 7,906
Yep, just add it to the list of Bennett screw ups.
- Mar 5, 2008
- 55,057
- 35,621
I don't see what the NRL can do apart from throw more money at them. Essentially bail them out, which IMO is wrong.
If you can't run a club, and the club dies, it dies. Simple.
All these useless no hoping teams are doing is causing the NRL to not want to touch the salary cap, because the dud teams can't afford it.
It would be a massive blow if Newcastle was gone, but I'm not going to cry over it if they do.
I know nothing about who's running the joint, but no doubt they're all ex league players who know ****ing nothing about big business.
If you can't run a club, and the club dies, it dies. Simple.
All these useless no hoping teams are doing is causing the NRL to not want to touch the salary cap, because the dud teams can't afford it.
It would be a massive blow if Newcastle was gone, but I'm not going to cry over it if they do.
I know nothing about who's running the joint, but no doubt they're all ex league players who know ****ing nothing about big business.
Bull Shark
State of Origin Rep
- Jun 4, 2008
- 6,216
- 5,655
This probably sounds a bit simplistic but surely in a city like Newcastle there would be ample opportunity for a multiple ownership type model - ie two or three or more co-owners / funders of a club. I'd have thought in a rugby league-crazed mining city, something like that would be logical and more than possible (?).
Bull Shark
State of Origin Rep
- Jun 4, 2008
- 6,216
- 5,655
Last edited by a moderator:
- Apr 9, 2012
- 12,777
- 14,538
Couldn't they just ask Wayne for a loan....?
- Apr 26, 2008
- 34,578
- 35,550
Lol... Paul Harrigon is CEO I believe... Ex footy player.
Edit: My mistake, it's Matt Gidley, Kurt Gidley's brother.
Anonymous person
Banned User
- Dec 16, 2008
- 4,635
- 932
He could just buy the knights himself with his wage from this year, or any of those 10+ thoroughbred-funded years with the broncos.
Kaz
State of Origin Captain
- Mar 5, 2008
- 10,076
- 3,847
As if he would part with any of his own money.
Kaz
State of Origin Captain
- Mar 5, 2008
- 10,076
- 3,847
Another company owed money
Queensland coal explorer Blackwood to pursue Nathan Tinkler in courts for $28.4 million
Has the young businessman affectionately known as "the Whale" finally beached?
That was the question yesterday as new creditors came out of the woodwork trying to extract money owed by former Newcastle electrician turned mining entrepreneur Nathan Tinkler - a man who at his peak was worth a reported $1.1 billion.
Tinkler's extensive coal, property, rugby league and horseracing empire edged closer to the brink of collapse after Queensland coal explorerBlackwod confirmed it would pursue Tinkler in the courts for $28.4 million owed from a promised equity placement.
http://www.couriermail.com.au/busin...-for-284-million/story-fn7kjcme-1226465031019
Queensland coal explorer Blackwood to pursue Nathan Tinkler in courts for $28.4 million
Has the young businessman affectionately known as "the Whale" finally beached?
That was the question yesterday as new creditors came out of the woodwork trying to extract money owed by former Newcastle electrician turned mining entrepreneur Nathan Tinkler - a man who at his peak was worth a reported $1.1 billion.
Tinkler's extensive coal, property, rugby league and horseracing empire edged closer to the brink of collapse after Queensland coal explorerBlackwod confirmed it would pursue Tinkler in the courts for $28.4 million owed from a promised equity placement.
http://www.couriermail.com.au/busin...-for-284-million/story-fn7kjcme-1226465031019
