Blame for Newcastle debacle lies with both parties
No doubt, by now, you’ve heard the news out of Newcastle that the Hunter Sports Group, headed up by mining magnate Nathan Tinkler, have handed back their A-League licence to the FFA effective immediately. And no doubt, by now, you’ve heard the FFA state that the Hunter Sports Group are breaching their club participation agreement by doing so. And no doubt, by now, you’ve heard about the issues the Hunter Sports Group have with the FFA that led to this point. In particular, their concern over the stability and sustainability of the A-League club financial model.
Now, the issues surrounding the A-League’s financial model are by the by, and the fact that Buckley and the FFA have acknowledged, in consultation with the ownerships of all A-League clubs, that it needs revising and improving is a positive step. Because it’s pretty clear that with the failings of private ownership in both North Queensland and Gold Coast, as well …
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