Newcastle Jets have acknowledged senior management and representatives of the Tinkler Group travelled to the UK last week for discussions regarding the club's ownership.
According to the Jets, the trip involved positive initial discussions with possible investors and partners as well as visits to the academies and training centres of several Premier League clubs.
These visits provided valuable contacts and ideas for the development of the club and the Emerging Jets Academy.
All discussions regarding the future ownership of the club will understandably be kept confidential and are expected to continue over the coming months. No announcement on a new owner is imminent.
The Jets are working closely with the FFA throughout this process and will inform their members and partners when an outcome is reached.
Given the confidential nature of these discussions it is in the best interests of the club and parties involved that no further comments will be made until negotiations are complete.
In the meantime, Newcastle Jets continue their preparations for the upcoming Hyundai A-League season and appreciate the loyal support of their members.