The NRL said today it would be business as usual at the Newcastle Knights while further talks are held on the club’s future ownership and operating model.
NRL Head of Club and State Services, Mr Tony Crawford, said the Knights Members Club and the Hunter Sports Group had agreed to hold off any further action in relation to the club’s ownership while the NRL holds discussions with both parties.
"The Members Club has agreed to defer any move to transfer the ownership of the club so commercial discussions can take place," Mr Crawford said.
"Those discussions will be led by the NRL.
"In the meantime, it is business as usual for the Newcastle Knights.
"This will give all parties a chance to explore all options which are in the long term interests of the Knights."
The negotiations will be confidential and could take some time to complete.
None of the parties will make any public comment until they are completed.