Newcastle Jets Saved as New Owners Confirmed

Newcastle Jets Football Club has been saved from financial ruin after a consortium led by businessman Shane Lowry and former player and administrator Nick Montgomery took over as the new owners. The Jets, who have been struggling financially for several years, were placed into voluntary administration in February. The move threatened the club’s future in the A-League and left players and staff in limbo. However, the announcement of the new ownership group has brought a sigh of relief to the Newcastle community. Lowry, a local businessman with ties to the Hunter region, has pledged to provide financial stability and rebuild the club. Montgomery, who played for the Jets for nine seasons and later served as the club’s football operations manager, will bring his expertise and experience to the role of co-owner. “We are thrilled to have acquired the Newcastle Jets and look forward to working alongside the fans, players, and staff to create a successful and sustainable club,” Lowry said. “We believe in the potential of this club and the passion of the Newcastle community. We are committed to investing in the Jets and building a team that will make the city proud.” Montgomery echoed Lowry’s sentiments, saying: “I am delighted to be back at the Jets in this capacity. I have a deep love for this club and I am excited about the opportunity to help shape its future.” The new owners have already begun implementing plans to improve the club’s finances and infrastructure. They have also announced that they will be retaining head coach Craig Deans, who has overseen the Jets’ recent resurgence in form. The news of the Jets’ salvation has been welcomed by fans and the wider football community. The club has a long and proud history in Newcastle, and its survival is a major boost for the sport in the region. With a new era now dawning, the Newcastle Jets are poised to once again become a competitive force in the A-League and a source of pride for the city of Newcastle.Newcastle Jets Secure New Owners, Ensuring Club’s Survival

Newcastle Jets Secure New Owners, Ensuring Club’s Survival

After months of uncertainty, the Newcastle Jets have finally secured new owners, guaranteeing the club’s future in the A-Leagues. Melbourne-based Maverick Sports Partners, led by Maurice Bisetto, was announced as the Jets’ new owners on Tuesday. Bisetto, who played a pivotal role in establishing expansion club Western United, expressed his belief in the club and the region. “We have been impressed by the strength of football here in this region,” Bisetto said. “We want to bring all of these people together for our men’s and women’s games.” The change of ownership and license approval is subject to regulatory processes. However, the new owners are committed to building a stronger connection with the local community and developing local talent. “As we now take control, you’ll see an even stronger focus on bringing in local talent and investing in trying to develop them into top A-League Men’s and Women’s players,” Bisetto emphasized. Chief executive Shane Mattiske welcomed the new ownership and praised the previous consortium for their support. “Over the last three years, we have built a strong foundation for the future of this football club,” he said. “And it is exciting to be beginning a new era with incoming owners who believe in the opportunity that exists with this club.” The Newcastle Jets had been in limbo since January 2021 when previous owner Martin Lee was stripped of the license. With other potential buyers walking away, the Australian Professional Leagues (APL) had refused to guarantee Newcastle’s survival if new owners couldn’t be found. The deal with Maverick Sports Partners ensures the club’s future and will provide a much-needed boost to football in the region.

Newcastle Jets Rescued by New Owners

Newcastle Jets have been saved from financial ruin after new owners were confirmed. A consortium led by Shane Lowry and Michael Bougias has purchased the A-League club from the previous owners, Martin Lee and Ray Baartz. The Jets were on the brink of collapse after a disastrous season on and off the field. The club finished bottom of the A-League ladder and were facing a winding-up order from the Australian Securities and Investments Commission. However, the arrival of the new owners has given the Jets a lifeline. Lowry and Bougias are both experienced businessmen with a passion for football. They have promised to invest heavily in the club and return it to its former glory. “We are delighted to have acquired Newcastle Jets,” said Lowry. “This is a great club with a proud history. We are committed to rebuilding the Jets and making them a force to be reckoned with in the A-League.” Bougias added: “We know that the Jets have been through a tough time recently. But we believe that we can turn things around. We have a lot of experience in football and we are confident that we can bring success back to Newcastle.” The new owners have already made a number of changes to the club. They have appointed Arthur Papas as head coach and have signed a number of new players. The Jets will be hoping to make a fresh start when the new A-League season begins in October.