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AUSTRALIAN football chief David Gallop has warned embattled Newcastle Jets owner Nathan Tinkler that the governing body is ready to seize ownership of the club if he can't pay his debts.
The A-League club's financial plight is reaching crisis point as the Jets failed to pay the players their monthly wage on Monday.
Newcastle players only received their monthly wage late on Tuesday night.
David Gallop says the FFA will take over the Newcastle Jets if the club's debts aren't paid. Picture: Morne de Klerk/Getty Images. Source: Getty Images
Tinkler is due in court next week as he is being pursued for multi-million dollar debts, with Football Federation Australia monitoring the situations closely.
The Jets only recently cleared its debts with FFA but speaking at the Money in Sport Conference in Melbourne, Gallop said FFA was ready to step in.
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"Paying the players in the next day is a critical one and we expect that to happen today,'' Gallop said.
"The position remains pretty simple, if a current owner pays the bills he will be the owner of the club and if he doesn't he won't be.
"There's no question that not paying the players is a clear indication that the owner can't meet his obligations and we would move quickly in that environment.
The Jets sit bottom of the A-League after a 4-0 loss to Melbourne City. Picture: Michael Dodge/Getty Images. Source: Getty Images
Nathan Tinkler, owner of the Newcastle Jets. Picture: Will Russell/Getty Images. Source: Getty Images
"We haven't given the Jets a grant for the last couple of months because of the situation with our own debt, which has now been cleared, and the Garnishee Notice from the Tax Office.
"He knows that that message has been put to him loud and clear and there's a big job ahead of the club to rebuild the connection with the community and grassroots of the game in that area.''
The Jets have slumped to the bottom of the table having conceded 45 goals in 21 games and produced an insipid performance, losing 4-0 away to Melbourne City last Saturday.
Gallop said having competitive teams was fundamental to the A-League's integrity.
"It's critically important for us that we put on five quality games every week. Games where fans can turn up with a legitimate expectation that their team can is a chance of winning that day,'' Gallop said.
"If we don't do that then our competition will suffer commercially and the local team will suffer significantly.''
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