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Report: Wests Finalise Knights Purchase

It's a done deal

Report: Wests Finalise Knights Purchase

The NRL has reportedly finalised the sale of the Newcastle Knights to the Wests Group.

The Daily Telegraph reports the paperwork was signed this afternoon, in a multi-million dollar deal.

Wests will commit $10 million to a new centre of excellence and inject cash into grassroots football in the Hunter.

There's been strong support from Knights fans for Wests to purchase their NRL club, after a lean couple of seasons in recent years.

Wests made a $23 million profit last year.