Jets may not be bailed out

The Australian Football Federation may not continue to bail out the financially troubled Newcastle Jets.  They provided a short-term financial lifeline in the form of $A300,000 of aid, but further funding may not be available and the club could fold.

The Australian Football Federation may not continue to bail out the financially troubled Newcastle Jets.  They provided a short-term financial lifeline in the form of $A300,000 of aid, but further funding may not be available and the club could fold.


One interpretation of their actions is that they want the controversial owner Con Constantine out ofthe way.  Any prospective purchaser could get a better deal if the club went into receivership.