Nathan Tinkler Has Settled Four Debts With The Australian Taxation Office

Getty/L.Dawson

Coal baron Nathan Tinkler has settled four outstanding debts with the ATO, reports the AFR.

ATO lawyers told the Federal Court in Sydney today the two parties had come to an agreement over debts Tinkler owes, some relating to his Newcastle Jets football club and Hunter Valley Sports Group.

Read the full story here.

Meanwhile, it was recently reported that corporate advisory has launched proceedings that could see Tinkler declared bankrupt.

Now read: Time To Pay The Piper: Nathan Tinkler Facing Potential Bankruptcy Suit

Follow Business Insider Australia on Facebook and Twitter

NOW WATCH: Briefing videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.