Could Maitland be the answer for the Jets? This mayor thinks so

The Newcastle Jets and Venues NSW are in dispute over a security bond described as 'preposterous'. Mayor Philip Penfold suggests that an upgraded Maitland Sportsground could serve as a home for the Newcastle Jets. This follows reports that the A-League club is in a standoff with Venues NSW about a large security bond required to use McDonald Jones Stadium.

Dispute over Security Bond

The Newcastle Herald reported that Venues NSW, a government agency managing several stadiums in New South Wales, is demanding an upfront bond of $300,000 from the Jets for this season's stadium hire. Venues NSW warned that if the Jets fail to pay $250,000 by next Wednesday, they will take protective action.

Background on Financial Issues

Under new ownership, the Jets had agreed to pay a $300,000 bond last year due to the club's previous history of non-payment. The club has also reportedly cleared past debts and is seeking a more reasonable payment arrangement this year.

Failed Negotiations and Current Situation

The Jets have 13 home games scheduled at McDonald Jones Stadium, which holds 30,000 spectators, and offered to pay for two games in advance. However, Venues NSW rejected this proposal. Currently, there is no alternative venue in the region for the Jets to host matches, underscoring the urgent need for a smaller 10,000 to 12,000-seat stadium in the area.

"The Newcastle Herald revealed ... the Jets and Venues NSW ... were at loggerheads over a $300,000 up-front bond to hire the stadium this season."

"Venues NSW has warned that action would be taken to protect the organisation if the Jets don't pay $250,000 by next Wednesday."

Author's summary: The Newcastle Jets face a financial standoff with Venues NSW over a costly security bond, highlighting the urgent need for a smaller stadium in Maitland that could provide a long-term home for the club.

Newcastle Herald — 2025-11-07