Post by Aliti on Sept 5, 2010 14:48:31 GMT 10
THE future of the Newcastle Jets has been thrown into turmoil with the club admitting it is falling drastically behind in payments to creditors and is unable to pay its players.
Club chairman Con Constantine, who has owned the club since its creation in 2000, has been forced to approach the Football Federation Australia for a loan to help the club through the next few months.
The FFA is pondering whether it should step in to save the ailing club, which, despite operating on the league's tightest budget, continues to lose $2-$3 million each year - with Constantine footing the shortfall.
Show us the money ... Newcastle Jets players, such as Marko Jesic, haven't been paid
Club chairman Con Constantine, who has owned the club since its creation in 2000, has been forced to approach the Football Federation Australia for a loan to help the club through the next few months.
The FFA is pondering whether it should step in to save the ailing club, which, despite operating on the league's tightest budget, continues to lose $2-$3 million each year - with Constantine footing the shortfall.
Show us the money ... Newcastle Jets players, such as Marko Jesic, haven't been paid
