Tinkler takes back the Newcastle Jets

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    Nathan Tinkler's reign has brought more harm than good to the Jets and football as a whole. AAP Image/NZPA, Tim Hales

    Nathan Tinkler has made a remarkable turnaround and taken back ownership of the Newcastle Jets after mediation with FFA chairman Frank Lowy.

    Nathan Tinkler and his Hunter Sports Group sensationally handed back the club’s A-League licence on the eve of the finals several weeks ago, citing issues with football’s governing body, including the acquisition fee it paid for the Jets and the saga surrounding Jason Culina.

    It appears face-to-face talks between the two billionaires has resulted in the conflict between Hunter Sports Group and the FFA being resolved.

    The FFA has confirmed the resolution with an announcement this afternoon (see below).

    Tinkler, who also owns the Newcastle Knights and has mooted possibly backing Newcastle teams in the NBL and WNBL, faced a backlash in the Hunter from Jets fans after handing in the licence.

    A courtroom battle between HSG and the FFA, now averted, was on the cards and local Newcastle businessmen had been sounded out to bankroll the Jets.

    The end of the dispute between Tinkler and the FFA is a rare piece of good news for the governing body, which is funding a new Western Sydney club and has been involved in a running battle with former Gold Coast United owner Clive Palmer.

    FFA MEDIA RELEASE on the Newcastle Jets and HSG

    Football Federation Australia (FFA) and Hunter Sports Group (HSG) have today reaffirmed their commitment to working together for the good of the Newcastle Jets, the Hyundai A-League and football in the Hunter Valley.

    The announcement follows talks that have resolved various issues related to the operation of the Hyundai A-League licence held by HSG. As a result, the Newcastle Jets under the ownership of HSG will continue to participate in the Hyundai A-League.

    FFA Chairman, Mr Frank Lowy AC, and HSG Chairman, Mr Nathan Tinkler, held face-to-face talks over the weekend. Mr Lowy said the discussions were characterised by goodwill brought to the table by both parties.

    “It was a good opportunity for Nathan and I to meet face-to-face and resolve the issues that had affected the relationship between FFA and HSG,” said Mr Lowy. “FFA has made some concessions in good faith in order to resolve the matters.

    “When Nathan first took on the Newcastle Jets, I welcomed his commitment to running a strong and successful A-League club in Newcastle on behalf of the community of the Hunter region.

    “Today, my confidence is renewed over Nathan’s personal drive to make the Jets and the Hyundai A-League successful. We agreed on a way forward that addresses the issues HSG have raised and we are now going to get on with developing the game together in a key region for football.

    “With more than 10,000 Jets members and an average crowd this season over 12,000 HSG has demonstrated its ability to engage with the community and to run a successful team and club.”

    Mr Tinkler said that from time to time parties in any business will have differences, but that there is now an opportunity for FFA and HSG to work together in achieving shared goals.
    “Frank Lowy flew to Brisbane to meet with me face-to-face and I took that as a sign of goodwill,” said Mr Tinkler. “It was a gesture I certainly appreciated.

    “I welcomed the opportunity to meet and discuss these issues in person. We now have a way forward and I remain committed to ensuring the Newcastle Jets is one of the most successful clubs in the Hyundai A-League.

    “I am delighted to be able to support the Newcastle Jets on behalf of football fans in the Hunter region and to continue to build a strong relationship with the community.

    “When I first made this commitment I did it on behalf of the community and I am committed to further developing football and sport in a community I grew up in and am proud of.”

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    The Crowd Says (95)

    • Columnist

      May 1st 2012 @ 3:47pm
      Brett McKay said | May 1st 2012 @ 3:47pm | ! Report

      it’s the biggest backflip since Will Genia….

      • May 1st 2012 @ 3:50pm
        bob said | May 1st 2012 @ 3:50pm | ! Report

        why don’t you keep your rugby humour to yourself expert funny guy. or at the least keep it on the private schoolboy forums.

        • Columnist

          May 1st 2012 @ 4:14pm
          Brett McKay said | May 1st 2012 @ 4:14pm | ! Report

          indeed Bob, why so angry…

          • May 1st 2012 @ 4:34pm
            Australian Rules said | May 1st 2012 @ 4:34pm | ! Report

            You tell em bob!

            Damn those expert funny guys..!

        • Roar Guru

          May 1st 2012 @ 4:46pm
          The Bush said | May 1st 2012 @ 4:46pm | ! Report

          Wow, that’s a great way to get moderated…

      • May 1st 2012 @ 3:51pm
        Atawhai Drive said | May 1st 2012 @ 3:51pm | ! Report

        Peace has broken out for now, but for how long?

        Nathan Tinkler seems a volatile sort, to say the least.

        • Roar Rookie

          May 1st 2012 @ 11:53pm
          ItsCalled AussieRules said | May 1st 2012 @ 11:53pm | ! Report

          Tinkler has agreed to honour the terms of the contract, that is continue with the Jets till 2020.

      • May 1st 2012 @ 3:52pm
        Nathan of Perth said | May 1st 2012 @ 3:52pm | ! Report

        *shake fist*

      • May 1st 2012 @ 4:51pm
        nearpost said | May 1st 2012 @ 4:51pm | ! Report

        thought it was funny Brett! Keep em coming.

        Must be backflip week.

        Palmer next for a backflip?

        • May 1st 2012 @ 8:50pm
          Sam el Perro said | May 1st 2012 @ 8:50pm | ! Report

          How much of the Western Sydney government money is going to be used to pay Tinkler back on the quiet to fund this backflip?

          • Roar Rookie

            May 1st 2012 @ 11:58pm
            ItsCalled AussieRules said | May 1st 2012 @ 11:58pm | ! Report

            Not one cent Sam. The Jets are privately owned by Tinkler.

            The Western Sydney government money is not for western Sydney – its for grassroots football and the development of womens and youth football in the area.

            West Sydney is owned, managed and financed by the FFA.

            Tinkler actually has only paid 500K of his license fee and owes the FFA another 3 million to start with.

            How much government money has gone towards setting up the basket case GWS Giants who will lose more money this year than the whole A-League competition in 7 years.

        • May 1st 2012 @ 10:41pm
          Mitch (in Valencia) said | May 1st 2012 @ 10:41pm | ! Report

          Looking at Palmers size, I doubt he’d be able to backflip…..! But looking at Tinkler’s size, how did he manage that??

    • May 1st 2012 @ 3:48pm
      bob said | May 1st 2012 @ 3:48pm | ! Report

      id rather you stuck to your guns and got your arse kicked in court tinkler. maybe then someone who cares about football could take over.

      • May 1st 2012 @ 3:53pm
        Atawhai Drive said | May 1st 2012 @ 3:53pm | ! Report

        My word, Bob, you’re angry today.

    • May 1st 2012 @ 3:57pm
      Wotdoo said | May 1st 2012 @ 3:57pm | ! Report

      Well the players and people have 8 years more from tinkled to show they want a team in Newcastle. Hope everybody stays on board.

    • Roar Guru

      May 1st 2012 @ 3:58pm
      Philip Coates said | May 1st 2012 @ 3:58pm | ! Report

      Well, we know two things about Tinkler. Firstly he doesn’t care one bit about Newcastle or he would never have insisted (twice) that he was handing back the license while telling players and staff to go get another job. And secondly, that he does care about money and he didn’t want to go to court and risk losing $50million in a court case.

      I wonder if this means that for the next eight years of his license agreement we all have to hold our breath every time Tinkler gets upset or things don’t go his way. He’s executed a double somersault and could always try for a triple somersault if the mood takes him.

    • May 1st 2012 @ 4:07pm
      Patrick Angel said | May 1st 2012 @ 4:07pm | ! Report

      Bout bloody time.

    • May 1st 2012 @ 4:09pm
      Midfielder said | May 1st 2012 @ 4:09pm | ! Report

      Great news and that’s from Mariner fan…

      Interesting all the talk and doom day sayers…. and many from within our own community…

      Well done FL ….

      • May 1st 2012 @ 4:18pm
        Victer said | May 1st 2012 @ 4:18pm | ! Report

        • May 1st 2012 @ 5:20pm
          Midfielder said | May 1st 2012 @ 5:20pm | ! Report

          Singo goes to many Mariner matches and he has genuine feeling towards the club…

          Don’t write us off just yet… we may even keep GA …

          • May 1st 2012 @ 7:29pm
            seanmaguire said | May 1st 2012 @ 7:29pm | ! Report

            He owns the stadium doesn’t he? Not saying he doesn’t like the mariners but still they’re his major tenant.

      • Roar Guru

        May 1st 2012 @ 8:38pm
        Griffo said | May 1st 2012 @ 8:38pm | ! Report

        Thanks Mid, from a Jets fan.

        Big sigh of relief.

        While initially a wealthy backer is good, wonder when the likes of Toby Mills type community model will help suppliment a club down the track in addition to said wealthy owner? Wonder what will become of that now.

        Because I imagine that, for a while at least, some Jets fans will be holding their breath at every HSG announcement.