Newcastle Knights members club calls for Nathan Tinkler's Hunter Sports Group to hand back ownership

MEMBERS, sponsors and supporters of the Newcastle Knights have called for Hunter Sports Group (HSG) to hand back the NRL club without further delay.

Owner Nathan Tinkler has been in the spotlight since HSG defaulted on a $10.52 million bank guarantee as part of a privatisation deal in 2011.

Two months of confidential negotiations have failed to produce a resolution, prompting the Knights members' club to serve a notice of their intention to pursue their entitlement to buy the team back for $1.

Members' club chairman Nick Dan said HSG had shown no signs of complying with the buyback.

Ten rounds into the 2014 NRL season, the Knights have won a single game in half as many matches.

The Knights were preparing to meet with the Manly Sea Eagles at Brookvale Oval on Monday night as The Star went to print.