A-league team the Newcastle Jets has been put into voluntary administration by owner Nathan Tinkler, with debts of $2.7 million.
The club’s operations have now been temporarily taken over by Football Federation Australia, after Tinkler failed to pay outstanding wages to staff and payers.
“I’ve been in negotiations with the FFA over the last few days and wasn’t able to get them to guarantee the licence and I haven’t been willing to pay wages unless they guaranteed that so I’ve put the club into administration just now,” Tinkler said, as reported by The Daily Telegraph.
Tinkler has also suggested that Scottish club Dundee United has stepped in with an offer to buy the Newcastle Jets for $5 million. The future of that sale is now in the hands of Football Federation Australia.
“The only risk to that is if the FFA decide to act in a morally bankrupt manner and take the licence and that presents a whole bunch of other issues,” added Tinkler.
While it is believed that FFA are speaking with Dundee, they have have yet to comment on the matter.
