Newcastle
Mining magnate Nathan Tinkler has a very BIG presence in Newcastle. He also has a very BIG bank balance. And as of last night, he has the green light for his $100m takeover of the Newcastle Knights NRL team. That’s BIG money.
Tinkler’s people had to secure the approval of 75 per cent of Knights members last night. They achieved this comfortably, with 97 per cent of the 2,500 who turned out voting in favour of the Tinkler takeover. That’s a BIG endorsement.
The future of Knights CEO Steve Burraston, who originally opposed the bid, is now unclear. As the picture below the fold shows, he too is a very BIG figure in the Hunter region.
Continue reading "The BIG thing that happened in Newcastle last night" »
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