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‘Clear failings’: Newcastle’s owner booted but Jets to play on in A-League, W-League – Sydney Morning Herald

Martin Lee, the Chinese businessman who bought the Newcastle Jets in 2016, has had his club licence terminated by Football Australia.

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Players and staff will be offered contracts with the new entity, after being addressed by representatives of FA, the PFA and the Australian Professional Leagues – the body now in charge of the A-League and W-League – of which Lee was, as of Thursday, technically a part-owner.
“Today is a very positive step in the history of a great club which has strongly represented Newcastle, the Hunter and northern NSW for two decades,” Mattiske said.
“The uncertainty that has overshadowed the Jets in recent…

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