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LIVERPOOL LEGEND CONFIDENT NEWCASTLE JETS WILL FIND A NEW OWNER. 2,612 talking about this. As with Macarthur FC and Western United, the Jets will now take on a fresh feel for season 2021. Maybe but thats not what the article says, it says the $8m purchase price has been adjusted to allow for debt. The new owners of the Jets have appointed Shane Mattiske, as the Executive Chairman of the Newcastle Jets. Samantha Poate is a reporter, producer and web producer for NBN News in Newcastle. Currently enjoying his third stint with the Club, Duncan has established himself as a premier gloveman in the A-League competition. Newcastle Jets new owners could come from overseas. Newcastle Jets snap losing streak with A-League win at Wellington Phoenix Two sensational goals gave Newcastle their first win of the A-League season in an entertaining 2-1 win against Wellington. FFA checks all prospective owners before approving transfers of A-League licences. After first putting the club on the market nearly a 18 months ago, Jets owner Martin Lee is on the cusp of selling the club to Sky Jade Capital, a Melbourne-based investment firm with three offices in China and describes itself as ''a boutique investment firm'' on its website. Football Australia and Australian Professional Leagues have made the extraordinary decision to terminate the A-League and W-League licenses held by the ownership group of the Newcastle Jets, citing “clear failings”. Email. NBNNEWS.COM.AU | Delivering the highest quality local news, sport and weather, NBN News has played an important role in the lives of people across northern New South Wales for decades. Lee is the third owner in 11 years forced out of the A-League franchise. The Newcastle Jets will continue to participate in APL competitions and current players of the Newcastle Jets will be offered contracts with the new entity. OLYMPIC GOAL WITHIN REACH FOR HUNTER SWIMMER AFTER CLAIMING TWO GOLD... “EGG BOY” SUPPRESSOR WANTED ON CENTRAL COAST, MAN SERIOUSLY INJURED IN CESSNOCK MOTORCYCLE CRASH. Liverpool legend Craig Johnston believes the Jets still have a future in Newcastle, despite Martin Lee being stripped of his licence yesterday. Samantha Poate. January 5, 2021. Details such as the sale price are yet to be confirmed, but sources said Sky Jade had flagged their intention to keep the club in Newcastle instead of a possible relocation. Jets owner Martin Lee has stopped putting money into the club and he is expected to be stripped of the licence. Former NRL boss Shane Mattiske has been appointed executive chairman of the Newcastle Jets after Martin Lee was stripped of the A-League club’s licence. Newcastle Jets declined to comment on the negotiations when contacted by the Herald. Credit: Getty Chinese business … NBN News will have more tonight at 6. A group of A-League club investors have taken control of the Newcastle Jets following the termination of owner Martin Lee's licence. AAP. licence or to sell the club to another investor. The termination was based on the group’s failure to pay its debts under the control of owner Martin Lee. Newcastle Jets are close to being sold after a period of financial difficulty. Newcastle Jets: The search is on for the right owners to take over the club. A deal is yet to be finalised but sources with knowledge of the discussions confirmed that Sky Jade Capital has successfully negotiated the purchase of the licence and is awaiting approval from Football Federation Australia, who will undertake their due diligence on the prospective owners. FFA would not comment on Sky Jade's bid for Newcastle Jets. After completing a BA in Communication and Journalism at Charles Sturt University in 2016, Samantha moved to Northern New South Wales where she worked for News Corp. Samantha joined the NBN News team in 2018, working as a journalist in the Lismore Bureau. LIVERPOOL LEGEND CONFIDENT NEWCASTLE JETS WILL FIND A NEW OWNER. Mattiske was previously the interim Chief Executive of the NRL in 2012 to 2013 and has also more recently served as the Managing Director at Nielsen Sports. Subsequently, Australian football is within weeks of saying farewell to Martin Lee and his rather unconvincing time as an A-League owner. Newcastle also doesn’t have a permanent coach and has several vacant spots in its playing squad yet to be filled. We’re sorry, this service is currently unavailable. MARTIN Lee has effectively been sacked as Newcastle Jets owner and the club will be taken over, for an interim period, by a consortium of other A-League investors. A group of A-League club investors have taken control of the Newcastle Jets following the termination of owner Martin … Jets owner, Martin Lee has not put any funds into the club since October 2019. A new licence will be issued to an entity owned and controlled by a consortium of existing APL club investors, who will operate the licence on an interim basis until a new investor is secured. Lee reportedly paid $5.5 million for the club's licence in 2016 and had tipped in more than $15 million in operational costs over four years. Samantha Poate. NEWCASTLE Jets chief executive Lawrie McKinna says any decision on a new coach will be deferred because the club could change hands within weeks. After first putting the club on the market nearly a 18 months ago, Jets owner Martin Lee is on the cusp of selling the club to Sky Jade Capital, a Melbourne-based investment firm with three offices in China and describes itself as ''a boutique investment firm'' on its website. Representatives of Football Australia, the APL, and Professional … The Jets will play the Brisbane Roar tonight at Coffs Harbour in a pre-season friendly. Jets announce E-League players It promises to be the ultimate festival of EA SPORTSTM FIFA21 across Australia, as the NIVEA Men E-League returns with a host of World Cup stars, the defending Premiers, a brand-new sponsor and an intense new format. Hopefully that freshness also brings about some added financial commitment and certainty. The Newcastle Jets will continue to participate in APL competitions and current players of the Newcastle Jets will be offered contracts with the new entity. The … Football Australia Chief Executive Officer, Mr James Johnson, said the owners of Newcastle Jets Club Pty Limited, had been given every opportunity to rectify the club’s financial situation and continue as the owner and operator of the. But APL chair and Western Sydney Wanderers owner Paul Lederer said the Jets would be saved. Sources with knowledge of the deal suggest FFA approval is the final hurdle in the way of the takeover of the club, which is in desperate need of funding. Please try again later. THE Newcastle Jets are set to be sold to a Sydney businessman with a passion for football, but the multi-million dollar purchase comes with an ironclad condition - the A-League club must remain in the city. The new owners of the Newcastle Knights hope to make the rugby league club one of the premier sporting organisations in the country. Picture: MARINA NEIL. Lee is the third owner in 11 years forced out of the A-League franchise. Sydney buyers close in on Newcastle Jets takeover The long-awaited sale of the Newcastle Jets is edging closer to reality, with a consortium of Sydney businessmen negotiating to acquire the club from absent owner Martin Lee. Newcastle United Jets Football Club, commonly known as Newcastle Jets, is an Australian professional soccer club based in Newcastle, New South Wales. The Jets are in the market for a head tactician after the shock departure of Welshman Carl Robinson, who was granted a release on Thursday to join Western Sydney. Football Australia Chief Executive Officer, Mr James Johnson, said the owners of Newcastle Jets Club Pty Limited, had been given every opportunity to rectify the club’s financial situation and continue as the owner and operator of the. The new owners of the Jets have appointed Shane Mattiske, as the Executive Chairman of the Newcastle Jets. The Newcastle Jets will continue to participate in APL competitions and current players of the Newcastle Jets will be offered contracts with the new entity. Despite a resurgence that followed Lee's purchase of the club in June 2016, which culminated in them reaching the 2018 grand final, the club has been crippled by cash flow problems over the past two seasons. With the North Queensland Fury's future in doubt the Newcastle Jets signed Chris Payne for the 2011–2012 season. It competes in the country's premier competition, the A-League, under licence from Football Federation Australia (FFA). The club was formed in 2000 when it joined the National Soccer League (NSL) and was one of only three former NSL clubs to join in the formation of the A-League. Chinese lighting magnate Martin Lee is keen to offload the Newcastle Jets to a new owner.Credit:Getty Images. By. licence or to sell the club to another investor. My interpretation is the sale price has been lowered to accomodate the new owners taking on the debt eg pay $11m and get a club with no debt, or pay $8m and get a club with $3m debt ... it’s the same equation to the buyer providing they have the cash. 3 Jan, 2021. A new licence will be issued to an entity owned and controlled by a consortium of existing APL club investors, who will operate the licence on an interim basis until a new investor is secured. Newcastle Jets are close to being sold after a period of financial difficulty.Credit:Getty. January 5, 2021. Esports is … A new owner is yet to be found, leaving Newcastle on shaky ground. Our talented team of journalists, producers and camera operators bringing you the stories that matter, seven days a week, 365 days a year, across both television and digital. The Official Facebook of the Newcastle Jets Football Club. The Official Facebook of the Newcastle Jets Football Club. -. The Newcastle Jets will continue to participate in APL competitions and current players of the Newcastle Jets will be offered contracts with the new entity. The new owners of the Jets have appointed Shane Mattiske, as the Executive Chairman of the Newcastle Jets. Newcastle Jets are hoping their longstanding financial woes are coming to an end after their owner struck an agreement in principle to sell the club to a Chinese-linked investment firm based in Australia. Dominic Bossi is a football reporter with The Sydney Morning Herald. Mattiske was previously the interim CEO of National Rugby League (NRL) in 2012 to 2013 and has also more recently served as the Managing Director at Nielsen Sports. After first putting the club on the market nearly a 18 months ago, Jets owner Martin Lee is on the cusp of selling the club to Sky Jade Capital, a Melbourne-based investment firm with three offices in China and describes itself as ''a boutique investment firm'' on its website. Trade tariffs between China and US heavily impacted Lee's LED lighting company, while Chinese government restrictions on money being moved out of the country led to a lack of resourcing for the Jets over the past two seasons. Jack Duncan extends Jets contract long-term Newcastle Jets are pleased to announce Jack Duncan has extended his contract with the Club for a further three seasons. Mattiske was given the job by a consortium of A-League club investors who taken … New licences will be issued to an entity owned by a […] The long-awaited sale of the Newcastle Jets is edging closer to reality, with a consortium of Sydney businessmen negotiating to acquire the club from absent owner Martin Lee. Currently underneath the tutelage of caretaker head coach Craig Deans, the Jets are currently bottom of the 12-team A-League, having won only one of their six games so far after a turbulent pre-season that saw owner Martin Lee being removed from his position due to his absence from his responsibilities as Jets owner. Chinese-linked investment firm on cusp of buying Newcastle Jets. Jack Duncan extends Jets contract long-term Newcastle Jets are pleased to announce Jack Duncan has extended his contract with the Club for a further three seasons. The new owner of the Newcastle Jets rates the A-League as one of Asia’s top professional football competitions and is excited by the potential of the club. Should the sale be approved by FFA and finalised between Lee and Sky Jade, the Jets will hope this leads to an end to their past two years of financial hardship. GONE: Martin Lee MARTIN Lee has effectively been sacked as Newcastle Jets owner and the club will be taken over, for an interim period, by a consortium of other A-League investors. There has been domestic and international interest in A-League club Newcastle Jets, which is … New owner of the Newcastle Jets Martin Lee (left) with Football Federation Australia CEO David Gallop(ABC News: Carly Cook) A spokesman for the organisation said all bids were assessed on a case-by-case basis and the due diligence process could include consultation with the federal government's Foreign Investment Review Board. Newcastle Jets new owners could come from overseas. A new licence will be issued to an entity owned and controlled by a consortium of existing APL club investors, who will operate the licence on an interim basis until a new investor is secured. Liverpool legend Craig Johnston believes the Jets still have a future in Newcastle, despite Martin Lee being stripped of his licence yesterday. A new licence will be issued to an entity owned and controlled by a consortium of existing APL club investors, who will operate the licence on an interim basis until a new investor is secured. Jets chief executive Lawrie McKinna confirmed on Sunday that a "term sheet" had been exchanged between current owner Martin Lee and the prospective buyer. Roy O'Donovan and his Newcastle Jets teammates will be offered new contracts with the entity that now owns the club. Chinese lighting magnate Martin Lee is keen to offload the Newcastle Jets to a new owner. Newcastle Jets; Full name: Newcastle United Jets Football Club: Nickname(s) The Jets: Founded: 1 August 2000; 19 years ago () Ground: McDonald Jones Stadium: Capacity: 33,000: Owner: Ledman Group : Chairman: Martin Lee: Manager: Ernie Merrick: League: A … Liverpool legend Craig Johnston believes the Jets still have a future in Newcastle, despite Martin Lee being stripped of his licence yesterday. A-League: Newcastle Jets in talks with potential owners The Newcastle Jets continue to prepare for the upcoming A-League season despite uncertainty … LIVERPOOL LEGEND CONFIDENT NEWCASTLE JETS WILL FIND A NEW OWNER, SPITFIRE PILOTS HONOURED WITH WILLIAMTOWN FLYOVER, LABOR CRITICAL OF FUTURE FUND FOR NSW MINING COMMUNITIES, POLICE HUNT FOR TRIO AFTER RAYMOND TERRACE BREAK-IN, NEW SEARCHES CARRIED OUT IN MELISSA HUNT COLD CASE MURDER, CENTRAL COAST RECEIVES VISIT FROM PRIME MINISTER, COMMUNITY PLANTS THOUSANDS OF TREES AT UMINA, ACTION UNDERWAY TO TRIM TREES NEAR AIRPORT, THE ENTRANCE CINEMA SHUTS THE DOORS INDEFINITELY, COVID-SAFE CEREMONIES TO BE HELD IN TAMWORTH THIS ANZAC DAY, LIVERPOOL PLAINS COMMUNITY RESPONDS FOLLOWING SHENUA MINING LICENSE HANDOVER, CONTROVERSIAL SHENHUA WATERMARK COAL MINE CANCELLED, GOVERNMENT RUMOURED TO BUY OUT SHENHUA’S WATERMARK COAL MINE, TAMWORTH VETERANS WELCOME ROYAL COMMISSION INTO MILITARY SUICIDE, MAINTENANCE WORK ON HIBBARD FERRY DELAYED DUE TO THE RECENT FLOODS, FIRST SOD TURNED FOR FIRST STEPS COUNT TAREE, A MID NORTH COAST GRANDFATHER GEARS UP FOR MAMMOTH RIDE FOR…, THE CHRONICLES OF ‘SANDWICH BAG DAD’ EXHIBIT, CALLS FOR ALL LEVELS OF GOVERNMENT TO STEP UP TO ADDRESS…, HOLLYWOOD STAR COMES TO LISMORE FOR FILMING OF NETFLIX SERIES, CALLS FOR NSW GOVT’S SHARK MANAGEMENT PROGRAM TO CONTINUE, BLUESFEST FINALIST FOR ‘MUSIC FESTIVAL OF THE DECADE’ AWARD, DOZENS PADDLE IN PROTEST OF NEW NETFLIX ‘BYRON BAES’ TV SHOW, POLICE BODYCAM CAPTURES METEORITE OVER THE GOLD COAST, TWO MEN INJURED AFTER HEAD-ON CRASH SOUTH OF TWEED HEADS, MAN LOSES LEG AFTER MOTORCYCLE CRASHES NEAR QLD BORDER, UNION TAKES AIM AT SOUTHERN CROSS UNIVERSITY OVER NEW WORKLOAD SCHEME, PHOTO GALLERY | NEWCASTLE JETS V WESTERN UNITED, PHOTO GALLERY | W-LEAGUE – JETS V CANBERRA UNITED, TAMWORTH COUNCIL ASKS RESIDENTS TO REVIEW DROUGHT PLAN, RACING NSW TO LAUNCH INQUIRY INTO BREACHES AT TAMWORTH JOCKEY CLUB. 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