Newcastle Jets - Better than C-Diddy would hope.
Gardiner now reporting that he has been appointed.
IIRC it was Western United, Western Sydney Wanderers, Sydney, and the Nix who were funding the Jets.
No mention of the Phoenix still forking out for their existence? Either we've stopped supplementing their finances, or it's just poor reporting.
Either way, the interesting thing out of that - $10 million for the licence. Bill Foley may be intrigued at such a figure given he paid over double for that to set up this Auckland mob.
You'd think they'd be roughly the same across the board.
Mind you, we don't know how run in to the ground their finances are, so maybe this Italian fella has come in with an 'It's better than nothing' sorta deal?
I do not have any facts on hand, but would be extremely surprised if Jets licence came debt free. Who would be taking care of these if not a new owner? That is how you get a bargain.
I would not be surprised if Foley did not look at the option of buying an existing club, checked the small print and said "nah, I am not fixing that hole in the ground".
But you'd hope that those helping to run the Jets, including the Nix owners, will be compensated for what they've done as part of this deal
Edit: The 2021 Australian Census recorded the Newcastle Greater Metropolitan area as having a population of 682,465.
Auckland has an urban population of about 1,478,800 (June 2023).
But you'd hope that those helping to run the Jets, including the Nix owners, will be compensated for what they've done as part of this deal
Edit: The 2021 Australian Census recorded the Newcastle Greater Metropolitan area as having a population of 682,465.
Auckland has an urban population of about 1,478,800 (June 2023).
Jets also have the Mariners 1 hour down the road. So a very close competitor for fans, sponsors etc. Auckland is going to drag in football fans and maybe some commercial dollars from Northland, Waikato & the BOP.
It will be interesting if the going price for Perth is higher than the Jets.
The Newcastle Jets can confirm that Liberty A-League Head Coach Gary van Egmond has departed the club effective immediately to take up a role with the Chinese Football Association.https://t.co/iqrGzZQu0o
— NEWCASTLE JETS FC ✈️ (@NewcastleJetsFC) January 15, 2024
Recently-formed 'FC32' football group are deep in negotiations to acquire the Newcastle Jets. Aussie duo Christie Jenkins and Paul Francis are front and centre of the bid, which is not yet over the line, but could be announced before March ends. [ftbl]https://t.co/x7N6cgNbXK
— A-League Hub (@AleagueHub) February 28, 2024
The sale of the Newcastle Jets is being held up by the failure of the APL to provide key information to the prospective buyers. Consortium 'FC32' agreed on a sale price and have plans for the club but are frustrated by the APL's lack of clarity. [Herald]https://t.co/SchYXLLrhM
— A-League Hub (@AleagueHub) March 18, 2024
APL chairman Stephen Conroy says Canberra United and Newcastle’s futures need to be sorted within the next month to allow the league to plan for the 2024-25 season - and wouldn't rule out the possibility of either club folding if that didn't happen. [aap]https://t.co/PzqP5xdq9L
— A-League Hub (@AleagueHub) March 19, 2024
Stephen Conroy said it would be a "terrible tragedy" if the Newcastle Jets were to fold, but admitted that the APL no longer has the financial capacity to prop up ownerless clubs. Conroy insisted the Canberra licence bid was "well, well advanced". [aap]https://t.co/PzqP5xdq9L
— A-League Hub (@AleagueHub) March 19, 2024
FC32 have resumed talks to take ownership of the Newcastle Jets, with senior executives from the group set to fly into Australia next week to "close the deal". Two other consortiums — from Melbourne and Sydney — are also waiting in the wings. [Herald]https://t.co/GAvZ4CvvWo
— A-League Hub (@AleagueHub) March 22, 2024
Great chat in here with @JamesGardiner42 from the Newcastle Herald about the current Jets ownership situation. Also plenty of general #Aleague and WA football chat!
— Blayne Treadgold (@BlayneTreadgold) March 22, 2024
Worth the listen! https://t.co/wosMEr5F3I
🚨 US-based consortium FC32 have withdrawn from negotiations to assume ownership of the Newcastle Jets after the group's latest bid was rejected by the current owners - the chairman of rival clubs who have been bankrolling the Jets. [@newcastleherald]https://t.co/nE5yRyrT6Y
— A-League Hub (@AleagueHub) April 4, 2024
They're dead in the water here aren't they?
Shane Mattiske says there are still four parties in talks to buy the Jets, with two formal offers under review. One has previously been involved with an A-League club in Melbourne, while another overseas group has expressed interest. [@newcastleherald]https://t.co/qHfQ7wjGI2
— A-League Hub (@AleagueHub) April 4, 2024
Shane Mattiske says there are still four parties in talks to buy the Jets, with two formal offers under review. One has previously been involved with an A-League club in Melbourne, while another overseas group has expressed interest. [@newcastleherald]https://t.co/qHfQ7wjGI2
— A-League Hub (@AleagueHub) April 4, 2024
Was there a 'cutoff' for when this needed to be sorted by? I recall something being mentioned, but maybe that was in relation to the supposed Canberra bid that was 'happening'. 🤔
https://au.sports.yahoo.com/jets-canberra-must-ownership-deals-012511323.html
Conroy indicated Newcastle and Canberra's futures needed to be sorted within the next month to allow the league to plan for the 2024-25 season - and wouldn't rule out the possibility of either club folding if that didn't happen.
A British consortium, which has a stake in a Championship club in England, has entered the frame to assume ownership of the Newcastle Jets, setting up the possibility of a sister-club arrangement. [@newcastleherald]https://t.co/9gNQSIguZg
— A-League Hub (@AleagueHub) April 5, 2024
FC32 principal Paul Francis said "We put forward the best bid we could. We increased it but it was not competitive with the other bids. We have to move on” — which suggests there are rivals in the mix with even deeper pockets than FC32. [@newcastleherald]https://t.co/FU4V0OyOtR
— A-League Hub (@AleagueHub) April 6, 2024
One new consortium interested in buying the Newcastle Jets were understood to be deep in talks with APL officials this week. The word out of Jets HQ is that a positive outcome is "very close.” [@newcastleherald]https://t.co/bleRQcIpw4
— A-League Hub (@AleagueHub) April 20, 2024
Lawyers from both parties to the takeover of the Newcastle Jets have completed the sales-and-purchase agreement. All that remains is for a few minor details to be finalised and FA to determine that the consortium are "fit and proper" owners. [Herald]https://t.co/Y77G3rVZIa
— A-League Hub (@AleagueHub) May 7, 2024
A member of the consortium which has now signed off on the purchase of the Newcastle Jets addressed club staff in Newcastle today, with a formal announcement expected this week. [@newcastleherald]https://t.co/swGlh4y2MD
— A-League Hub (@AleagueHub) May 14, 2024
I for one welcome our new overlords.
— Matt Vandenberg (@M1D3V) May 23, 2024
Let’s go maverick sports partners pic.twitter.com/nj37V6nLzt
Maverick Sports Partners are the new owners of the Jets by the look.
The Newcastle Jets look set to finally announce their new owners today. https://t.co/rEJ8iTMID7
— A-League Hub (@AleagueHub) June 11, 2024
𝑴𝒂𝒋𝒐𝒓 𝒂𝒏𝒏𝒐𝒖𝒏𝒄𝒆𝒎𝒆𝒏𝒕!
— NEWCASTLE JETS FC ✈️ (@NewcastleJetsFC) June 11, 2024
Newcastle Jets are delighted to confirm Maverick Sports Partners as the club’s new owners.
Details: https://t.co/DY16PoDmUu#BondedByGold pic.twitter.com/bjPqKFLCTT
Former Wests Tigers bosses Lee Hagipantelis and Justin Pascoe's involvement in the Newcastle Jets comes from a recently acquired 25% stake in the newly formed Maverick Sports Partners. As a result, the pair now own a 25% share in the Jets. [@smh]https://t.co/53jrgL7aW5
— A-League Hub (@AleagueHub) June 11, 2024
Hope the Jets get on better than the Tigers did under them.