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FFA Reject Penrith Panthers {RL] to bye WSW

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Posted August 24, 2013 22:29 · last edited August 24, 2013 22:39

Jeff Vader wrote:
C-Diddy wrote:


Look at the Knights and Jets?

It's pretty well known that the Knights are serial bankrupts who cant afford to pay their bills week in week out and the fact that they are being "bankrolled" by someone like Nathan Tinkler who has his fair share of financial issues as well is a major source of concern to me.

The only saving grace is that the NRL cannot afford to lose the Knights from their competition but if they are forced to bail them out at any stage in the future, they are likely to cut lose any dead weight first. That means goodbye Jest!

Insaying that though, Penrith Panthers are not short of a few quid so you have to wonder what their motive is all of a sudden!

 

See I look at the Knights and Jets as having the cash, but a tight fisted owner only paying when he has to. Again, I come from a position of ignorance on that so I bow to your knowledge.

 

Not trying to chalk one up over you here JV. I apologise if I worded my rant in that way.

It is quite true that the Knights have struggled financially for a long time now and have been bailed out by many different parties over the years (NRL, NSW Government, Tinkler + others) in some way, shape or form. The thing that has hamstrung them the most is a problem we A-League fans know very well and that was a less than favourable stadium deal. Couple that with the fact that they don't have their own viable Licenced Club to help bankroll them like most other clubs in the NRL do, makes for very nervy times.

Ironically, Panthers own a major licenced club in Newcastle. The other major Licenced venues in Newcastle are all owned by a local rugby league outfit called Wests (who own 3 venues around Newcastle. One of which is only a 10min walk from the stadium). Wests have sponsored the Knights since their inception into the NRL in 1988. While the Knights now have their offices and media centre at Wests Lambton they to don't want to invest in the Hunter Sports Group as they see them as a huge financial risk.

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C-Diddy edited August 24, 2013 22:39
Jeff Vader wrote:
C-Diddy wrote:


Look at the Knights and Jets?

It's pretty well known that the Knights are serial bankrupts who cant afford to pay their bills week in week out and the fact that they are being "bankrolled" by someone like Nathan Tinkler who has his fair share of financial issues as well is a major source of concern to me.

The only saving grace is that the NRL cannot afford to lose the Knights from their competition but if they are forced to bail them out at any stage in the future, they are likely to cut lose any dead weight first. That means goodbye Jest!

Insaying that though, Penrith Panthers are not short of a few quid so you have to wonder what their motive is all of a sudden!

See I look at the Knights and Jets as having the cash, but a tight fisted owner only paying when he has to. Again, I come from a position of ignorance on that so I bow to your knowledge.

Not trying to chalk one up over you here JV. I apologise if I worded my rant in that way.

It is quite true that the Knights have struggled financially for a long time now and have been bailed out by many different parties over the years (NRL, NSW Government, Tinkler + others) in some way, shape or form. The thing that has hamstrung them the most is a problem we A-League fans know very well and that was a less than favourable stadium deal. Couple that with the fact that they don't have their own viable Licenced Club to help bankroll them like most other clubs in the NRL do, makes for very nervy times.

Ironically, Panthers own a major licenced club in Newcastle. The other major Licenced venues in Newcastle are all owned by a local rugby league outfit called Wests (who own 3 venues around Newcastle. One of which is only a 10min walk from the stadium). While the Knights now have their offices and media centre at Wests Lambton they to don't want to invest in the Hunter Sports Group as they see them as a huge financial risk.

C-Diddy edited August 24, 2013 22:38
Jeff Vader wrote:
C-Diddy wrote:


Look at the Knights and Jets?

It's pretty well known that the Knights are serial bankrupts who cant afford to pay their bills week in week out and the fact that they are being "bankrolled" by someone like Nathan Tinkler who has his fair share of financial issues as well is a major source of concern to me.

The only saving grace is that the NRL cannot afford to lose the Knights from their competition but if they are forced to bail them out at any stage in the future, they are likely to cut lose any dead weight first. That means goodbye Jest!

Insaying that though, Penrith Panthers are not short of a few quid so you have to wonder what their motive is all of a sudden!

See I look at the Knights and Jets as having the cash, but a tight fisted owner only paying when he has to. Again, I come from a position of ignorance on that so I bow to your knowledge.

Not trying to chalk one up over you here JV. I apologise if I worded my rant in that way.

It is quite true that the Knights have struggled financially for a long time now and have been bailed out by many different parties over the years (NRL, NSW Government, Tinkler + others) in some way, shape or form. The thing that has hamstrung them the most is a problem we A-League fans know very well and that was a less than favourable stadium deal. Couple that with the fact that they don't have their own viable Licenced Club to help bankroll them like most other clubs in the NRL do, makes for very nervy times.

Ironically, Panthers own a major licenced club in Newcastle. The other major Licenced venues in Newcastle are all owned by a local rugby league outfit called Wests (who own 3 venues around Newcastle. One of which is only a 10min walk from the stadium). Wests don't want anything to do with the Knights as they see them as a huge financial risk.

C-Diddy edited August 24, 2013 22:36
Jeff Vader wrote:
C-Diddy wrote:


Look at the Knights and Jets?

It's pretty well known that the Knights are serial bankrupts who cant afford to pay their bills week in week out and the fact that they are being "bankrolled" by someone like Nathan Tinkler who has his fair share of financial issues as well is a major source of concern to me.

The only saving grace is that the NRL cannot afford to lose the Knights from their competition but if they are forced to bail them out at any stage in the future, they are likely to cut lose any dead weight first. That means goodbye Jest!

Insaying that though, Penrith Panthers are not short of a few quid so you have to wonder what their motive is all of a sudden!

See I look at the Knights and Jets as having the cash, but a tight fisted owner only paying when he has to. Again, I come from a position of ignorance on that so I bow to your knowledge.

Not trying to chalk one up over you here JV. I apologise if I worded my rant in that way.

It is quite true that the Knights have struggled financially for a long time now and have been bailed out by many different parties over the years (NRL, NSW Government, Tinkler + others) in some way, shape or form. The thing that has hamstrung them the most is a problem we A-League fans know very well and that was a less than favourable stadium deal.