Join us on Facebook
0 Members and 5 Guests are viewing this topic.
One for the QLD's lololol sheeds
So is this the Storm's first Premiership, or is it their 3rd? Cannot figure it out, but I am sure the NRL will manage to find another infringement which means this one gets taken away as well Not that I follow the NRL.Bunyip
The Australian Tax Office has moved to wind up the Newcastle Knights and the Newcastle Jets, along with their parent company the Hunter Sports Group, over unpaid debts of some $2.7 million, as owner Nathan Tinkler's debt problems continue to mount. Documents filed on Wednesday in the Federal Court in Sydney show the Deputy Commissioner of Taxation is applying for the wind-up of Hunter Sports Group (owing $184,258), Newcastle Jets Football Operations Pty Ltd (owing $1.063 million) and Newcastle Knights Pty Ltd (owing $1.424 million). "We are surprised by the move by the ATO, as we have not received notification of this move,” a spokesperson for the Hunter Sports Group said. “We advise that any outstanding sum will be paid as soon as possible - well before the reported hearing date on the matter next February.” The applications have been set down for hearing on February 20. An NRL spokesperson said the administration was continuing to "monitor the situation" at Newcastle but "has assurances from the Knights that the club is financially stable". Read more: http://www.smh.com.au/business/27-million-debt-tax-office-moves-to-wind-up-tinklers-teams-20121213-2bb7w.html#ixzz2EtPszdYY
2013 maybe bad for the knights
Apparently Tinkler has a habbit of walking in on the last day the bill is due and paying.Lets see.I dont think he has much cash flow.