Knights release Mamo to sign Wardle

Knights release Mamo to sign Wardle
Jake Mamo has been released from the Newcastle Knights, making way for Joe Wardle to join the club.

The Newcastle Knights have released Jake Mamo, opening the way for English Super League centre Joe Wardle to join the NRL club.

Mamo will leave the Knights after playing 29 NRL games to join Huddersfield Giants, the Super League club for which Wardle made a name for himself in more than 140 appearances.

Mamo has signed a two-year deal with Huddersfield where he will play under former Knights coach Rick Stone, while Wardle has signed a three-year deal contract to renew ties with Knights' coach Nathan Brown.

Newcastle may become a community-owned club by 2018 if supporters buy into the Knights under a share offering based on the models of international sporting giants Green Bay Packers and FC Barcelona.

Seven Newcastle businessmen on Saturday launched Our Knights, One Chance, a proposal to hand fans control of the NRL club. The initiative seeks to raise a minimum of $15 million by selling shares for $500 each, with the maximum stake capped at 4 per cent for individuals or companies.

The NRL is in possession of the Knights in a caretaker capacity after Nathan Tinkler's ownership unravelled in spectacular fashion. The governing body has stated its intention to sell off the wooden spooners at the appropriate time, but those negotiations have been put on the backburner as they battle with clubs over the new funding agreement.

Former Knights chairman Rob Tew, one of the chief facilitators of the ambitious project, believes the community can provide a sustainable model for the club's future.