Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/December 14, 2012/Leagues and Governing Bodies
ARLC Confident Newcastle Knights' Future Not In Jeopardy
Published December 14, 2012
BACK-UP PLAN: In Sydney, Leeson & Dillon reported the Knights members board has "the option to take control of the club and activate a A$20M guarantee if Tinkler's Hunter Sports Group cannot meet its contractual obligations for running the club." However, there is "no bank guarantee in place" for the Jets. Knights Old Boys President John Laut said, "It's certainly a good fall-back position for the members committee and the football club in general, which is something I'm sure the Jets would like to have. I certainly hope all this can be overcome. We're dealing with people's lives, aren't we, as far as the Jets are concerned." Football Federation Australia CEO David Gallop, who has repeatedly stated he had "no concerns" about Tinkler's apparently precarious position, declined to comment. However, sources said that the Jets were "an integral part of the A-League's future, primarily because of FFA's new A$160M, four-year TV deal" (SYDNEY MORNING HERALD, 12/14).
NO DISTRACTIONS: In Sydney, Dean Ritchie wrote "the constant headlines have been damaging," but Newcastle Knights CEO Matt Gidley insisted that his team "had not been distracted" from its preseason training. Gidley: "It's important the players aren't distracted and, up until now, I know they haven't been distracted. I talk to the players regularly, and their feedback is that they're excited about the season" (DAILY TELEGRAPH, 12/14).