Lee former an agreement with the club that is hoped will put an end to the Jets' financial woes in the midst of the A-League's current financial crisis.

Lee first announced he was selling the club 18 months ago, not long after first acquiring the team in 2016.


A-League’s Victory make two European signings

Fallen A-League giants Melbourne Victory have teased their fans by announcing two new European signings but not revealing their names yet.


Young A-League star yet another off to Greece

Wellington Phoenix and New Zealand U/23s young gun Callan Elliot is the latest to make tracks to Greece to link up with Tony Popovic at Xanthi FC.

Under Lee's moderately successful reign, in which he spent nearly $20 million on buying and then improving the club, Newcastle became the surprise packet of 2018 making the Grand Final at McDonald Jones Stadium under Ernie Merrick.

Newcastle has had a chequered ownership history extending all the way back to mining magnate Nathan Tinkler and have previously existed under the threat of having their FFA license rescinded. 

FFA must approve all A-League club buyers and will now enter the process of vetting Sky Jade Capital, which have a base in Melbourne and refer to themselves as a "boutique" investment firm.


Tasmanian A-League bid closing in on ‘rectangular York stadium, financial backers’

Tasmanian football boss Ben Gordon says his A-League bid have interested financial backers and are currently securing funding for upgrading York Park to a rectangular stadium.


Wanderers, Socceroos defender set for Greece move

Western Sydney Wanderers A-League defender Matt Jurman is heading to Greece to join up with Tony Popovic at Xanthi FC, according to Greek reports.


Sage says PFA irrelevant in bitter pay war

Perth Glory owner Tony Sage is confident he can secure new deals with his remaining contracted players without going through the PFA.


Official: Three A-League stars leave Perth Glory

Perth Glory have lost another three stars for the next A-League season, two of whom - Andrew Nabbout and Nathaniel Atkinson - never properly joined the club.


Official: City lose star A-League midfielder, re-sign three

Melbourne City have re-signed Florin Berenguer, Rostyn Griffiths and Nathaniel Atkinson while Josh Brillante leaves the club as last season's A-League finalists get the jump on off-season trading before their league opposition.