Future Of The Knights Confirmed Following Ownership Vote
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Control of the Knights will officially be transferred from the NRL to The Wests Group after 93 per cent of the 13,635 members said yes in the vote for full ownership of the club.
"The board would like to thank all members who took the time to vote and correspond with us about this matter," The Wests Group said in a statement.
"Given the overwhelming support for the acquisition of the Knights rugby league club, The Wests Group will now commence a transition period to complete all outstanding due diligence requirements in preparation for full ownership to commence on 1 November 2017."
As a part of the deal, a centre of excellence will be built for the club, with The Wests Group to match a maximum $10 million from the state government.