Thursday, December 13, 2012

Red card for Nathan Tinkler's clubs as empire reels - The Australian



THE Australian Taxation Office has targeted Nathan Tinkler's sporting assets in its ongoing pursuit of the one-time billionaire, putting the future of two of the nation's top-flight football clubs at risk.



The ATO applied yesterday for rugby league's Newcastle Knights and soccer's Newcastle Jets to be wound up, along with the Hunter Sports Group - the Tinkler-owned company that controls both - on grounds of insolvency over unpaid debts.



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