After months of turmoil and speculation, there has finally been good news for football fans in the Hunter, as the Newcastle Jets finally named their new owners this afternoon.

Maverick Sports Group was officially announced as the clubs new owners by CEO Shaun Mattiske, with Mattiske telling media he was “excited to be beginning a new era with incoming owners who believe in the opportunity that exists with this Club, with this community and with Football as a whole.”

It ends a three year period where the club has been propped up by certain members of the Australian Professional Leagues (APL), with three clubs in particular essentially funding the side to compete against them in the league.

It brings an end to the uncertainty hanging around the club, as the APL made it clear in recent months they did not wish to continue running the club.

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Who are Maverick Sports Partners?

Fans wanting to know every last detail about their new owners may be disappointed, as very little is publicly available about Maverick Sports Partners at this point in time.

What we do know is they registered themselves as an Australian company last month, with their registrations papers stating they are based out of Wetherhill Park in Sydney’s South-West.

The only person named as a member of the group is Maurice Bisetto, a businessman based in Melbourne, though the club’s statement today mentioned he was merely the ‘head of the consortium’, and believed “[he] and his partners have demonstrated a deep understanding of football and how to bring success.”

Other than that, there appears to be little other presence of the group online, with no official website or social media accounts on any platforms evident at the time of writing.

Who is Maurice Bisetto?

Maurice Bisetto himself is not a new name to Australian football, with the businessman previously involved in helping an A-League side get off the ground.

Bisetto is listed as being a CEO and Director of the Western Melbourne Group, the owners of Western United, between 2019-2020

He played a key role in getting the club up and running in their inaugural A-League season, with the club reaching the finals, as well as coordinating deals to set up a training base and stadium in Tarneit, Victoria.

He was previously a partner at KPMG Australia, a global accounting firm, between 1998 and 2018.

What does this mean for the A-League?

In the short term it is a huge plus for the league, as it secures the future of one of its foundation clubs with a large catchment area.

This means coach Robbie Stanton will be able to more easily recruit players, as any doubts over the future of the Jets has disappeared.

It is also good news for the APL, whose financial problems over the last year have been well documented.

Funding the Jets for three seasons has partly caused the issues – alongside a lopsided TV rights deal and issues relating to the COVID-19 pandemic – that led to half the APL’s workforce being laid off at the start of the year, the cancellation of the Dolan Warren Medal awards night, and recent rumours circulating the central funding for clubs will be cut by 50 per cent.

With the Jets no longer the financial responsibility of the league, it can divert those funds to more pressing matters as it looks to close up more leaks in the ship.