Knights complete Members Club audit

The Newcastle Knights’ independent audit for the Members Club Board has been completed three days ahead of its due date.

Crosbie Warren Sinclair, the independent auditor, confirms all milestones have been met.

The audit ratifies the Knights have secured in excess of $10 million in sponsorship and invested more than $2.5 million in junior development.

The report has been hand delivered to Members Club Chairman Nick Dan and the Club awaits his feedback.

“We are pleased the audit is completed; showing we have achieved these milestones,” CEO Matt Gidley said.

“We are excited for what 2013 has in store for the Knights and look forward to working with the Members Board.”

Chairman Paul Harragon is pleased the focus returns to the Knights’ core business.

“This is great news and while we never had any doubt, we can now move forward and focus on season 2013, which is highlighted by one of our strongest and most talented squads we have compiled,” Harragon said.

“This issue over the dates, through no fault of anyone, should never raise its head again and we are confident it will be a simpler process from here.”

Hunter Sports Group CEO Troy Palmer was disappointed that the audit milestones were ever questioned.

“Completing this audit and hitting the milestones were never in doubt which we had advised from day one,” Palmer said.

“We are disappointed in the publicity that this has received when we have always shown our commitment to the Knights and this region.

“The Knights’ ATO and Hunter Stadium accounts were finalised several weeks ago and we are now well advanced on completing our long term hirers agreement for both the Knights and Jets.

“It is an exciting time at the Knights, with almost 12,000 Members already recommitting their support of the Club.”