A senior delegation from Football Federation Australia will begin the process of rebuilding Newcastle Jets after the game's governing body ended the tumultuous reign of Nathan Tinkler.

Led by head of A-League Damien de Bohun, the powerbrokers will meet with Northern NSW Football, various Newcastle business and civic leaders, and other key stakeholders.

Licence revoked: Nathan Tinkler. Credit:Jonathan Carroll

Tinkler's A-League licence, which was held by Hunter Sports Group, was terminated late on Wednesday after the fallen mining tycoon placed the club into voluntary administration, listing debts of $2.7 million.

FFA had given Tinkler until 4pm on Wednesday to pay this month's salaries and clear other debts, including superannuation, $40,000 rent on the club's University of Newcastle training base and hiring fees at Hunter Stadium. It was the third time in the past four months Tinkler had failed to pay wages on time.