The Newcastle board will meet on Thursday to dissect the $100 million takeover bid from coal magnate Nathan Tinkler described by Knights chief executive Steve Burraston as the best in NRL history.

The meeting was originally scheduled for Wednesday, but was postponed 24 hours to allow all board members to analyse the hefty document in more detail.

Incredibly, the deal described by club chairman Robert Tew as a "mirage" less than a fortnight ago, was tagged by Burraston as the best ever offer to an NRL club.

"If the document reflects what we've discussed, particularly over the last week, then it's probably the best deal that's ever been put to an NRL club," Tinkler said on Wednesday.

Newcastle has roughly 3,000 voting members who will decide whether to accept Tinkler's offer of private ownership or remain as a membership-based community club.

That vote will take place on March 30, on a night Burraston described as the most important in Newcastle history.

"It really will come down to a decision by the members whether they want to stay a community club through membership ownership or whether they're happy to privatise the club and give up that right," he said.

"It's a very significant opportunity and we need to get the full information to (our members).

"We need to give them time to decipher that information and if they need to take advice to do that, they should do that because it is the most important decision ever made in the history of our club."

Meanwhile, Newcastle captain Kurt Gidley revealed that Tinkler had already won over the playing group, who have thrown their support behind the bid.

Gidley said he was confident the Newcastle board had secured the best possible deal from Tinkler Sports Group and said accepting the deal would be the best outcome for the Knights.

"It's getting to the stage now where I think the board has done a great job and certainly has the best outcome for the Newcastle Knights ... It's areal positive to have Nathan behind us and wanting to support us." he said.

"It would be great to have Nathan involved and I know his passion for the Knights is the same as mine ... I'd be happy to see it go ahead.

"He wants the same outcome as me, which is to see the Knights winning another grand final."

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