WT heading towards financial sustainability?

InBenjiWeTrust
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WT heading towards financial sustainability?

Post by InBenjiWeTrust » Sat 25 Aug, 2018 5:12 pm

'While the privately owned Broncos and Storm topped the list of 16 clubs where players would like to be, the Dragons, Wests Tigers ( :pray: ), Titans and Knights polled in the top half, despite the publicity these clubs were under hock to the NRL, either by loans or direct ownership.'


https://www.smh.com.au/sport/nrl/club-b ... 4zzk2.html


gallagher
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Post by gallagher » Sat 25 Aug, 2018 6:14 pm

I think Balmain owe the NRL money not Wests Tigers

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Black'n'White
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Post by Black'n'White » Sat 25 Aug, 2018 6:39 pm

gallagher wrote:
Sat 25 Aug, 2018 6:14 pm
I think Balmain owe the NRL money not Wests Tigers
I think Balmain owe Wests Ashfield money... and we under any banner are clear to the nrl.

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Post by gallagher » Sat 25 Aug, 2018 6:41 pm

Black'n'White wrote:
Sat 25 Aug, 2018 6:39 pm
gallagher wrote:
Sat 25 Aug, 2018 6:14 pm
I think Balmain owe the NRL money not Wests Tigers
I think Balmain owe Wests Ashfield money... and we under any banner are clear to the nrl.
Gotcha. Cheers

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Post by Snake » Sat 25 Aug, 2018 6:49 pm

Black'n'White wrote:
Sat 25 Aug, 2018 6:39 pm
gallagher wrote:
Sat 25 Aug, 2018 6:14 pm
I think Balmain owe the NRL money not Wests Tigers
I think Balmain owe Wests Ashfield money... and we under any banner are clear to the nrl.
The sooner the better that everybody including the media understand that the WestsTigers are not a joint venture they are owned by the West’s group that paid out 20 million to the Nrl to cover Balmains debt.
IMO the club will never have its own identity until the realities of the situation is made clear and people do not think otherwise .


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Post by Tiger Steve » Sat 25 Aug, 2018 6:56 pm

Snake wrote:
Sat 25 Aug, 2018 6:49 pm
Black'n'White wrote:
Sat 25 Aug, 2018 6:39 pm
gallagher wrote:
Sat 25 Aug, 2018 6:14 pm
I think Balmain owe the NRL money not Wests Tigers
I think Balmain owe Wests Ashfield money... and we under any banner are clear to the nrl.
The sooner the better that everybody including the media understand that the WestsTigers are not a joint venture they are owned by the West’s group that paid out 20 million to the Nrl to cover Balmains debt.
IMO the club will never have its own identity until the realities of the situation is made clear and people do not think otherwise .
Why do we not have our own identity?
“Peanuts! Get ya peanuts - in the shell or sugar coated!” Leichhardt memories.

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Post by magpiecol » Sat 25 Aug, 2018 10:42 pm

Tiger Steve wrote:
Sat 25 Aug, 2018 6:56 pm
Snake wrote:
Sat 25 Aug, 2018 6:49 pm
Black'n'White wrote:
Sat 25 Aug, 2018 6:39 pm
gallagher wrote:
Sat 25 Aug, 2018 6:14 pm
I think Balmain owe the NRL money not Wests Tigers
I think Balmain owe Wests Ashfield money... and we under any banner are clear to the nrl.
The sooner the better that everybody including the media understand that the WestsTigers are not a joint venture they are owned by the West’s group that paid out 20 million to the Nrl to cover Balmains debt.
IMO the club will never have its own identity until the realities of the situation is made clear and people do not think otherwise .
Why do we not have our own identity?
Because the club is owned by Wests.

Why they loaned Balmain money is beyond me. They will never get it back.

West's Magpies should be the clubs identity.

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Tiger Steve
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Post by Tiger Steve » Sat 25 Aug, 2018 10:44 pm

magpiecol wrote:
Sat 25 Aug, 2018 10:42 pm
Tiger Steve wrote:
Sat 25 Aug, 2018 6:56 pm
Snake wrote:
Sat 25 Aug, 2018 6:49 pm
Black'n'White wrote:
Sat 25 Aug, 2018 6:39 pm


I think Balmain owe Wests Ashfield money... and we under any banner are clear to the nrl.
The sooner the better that everybody including the media understand that the WestsTigers are not a joint venture they are owned by the West’s group that paid out 20 million to the Nrl to cover Balmains debt.
IMO the club will never have its own identity until the realities of the situation is made clear and people do not think otherwise .
Why do we not have our own identity?
Because the club is owned by Wests.

Why they loaned Balmain money is beyond me. They will never get it back.

West's Magpies should be the clubs identity.
What a load of crap. Balmain dug magpies our of a hole years ago. I thought all this garbage was dead. We are WestsTigers- get over it
“Peanuts! Get ya peanuts - in the shell or sugar coated!” Leichhardt memories.

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Post by sideline eye » Sat 25 Aug, 2018 11:08 pm

As a (very) old Magpie, I can't agree that we should be called Wests Magpies. Both clubs agreed that it should be Wests Tigers and the situation is that Wests, a couple of years back, granted Balmain 25% of the club even though Balmain were broke and in debt to the NRL. If Balmain can't repay the NRL on time, then they will cease to have any part of Wests Tigers.

I just think the club that we follow now is and always will be Wests Tigers, it is registered with the NRL under this name and they will never agree to a name change, which, in my opinion, is for the best. The thing that we all should acknowledge is that this club sprang from the Magpies and the Tigers and we shouldn't forget our history.

Go you mighty Wests Tigers!!!!!!!!!

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Post by yeti » Sat 25 Aug, 2018 11:15 pm

sideline eye wrote:
Sat 25 Aug, 2018 11:08 pm
As a (very) old Magpie, I can't agree that we should be called Wests Magpies. Both clubs agreed that it should be Wests Tigers and the situation is that Wests, a couple of years back, granted Balmain 25% of the club even though Balmain were broke and in debt to the NRL. If Balmain can't repay the NRL on time, then they will cease to have any part of Wests Tigers.

I just think the club that we follow now is and always will be Wests Tigers, it is registered with the NRL under this name and they will never agree to a name change, which, in my opinion, is for the best. The thing that we all should acknowledge is that this club sprang from the Magpies and the Tigers and we shouldn't forget our history.

Go you mighty Wests Tigers!!!!!!!!!
Hear! Hear!

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Post by Tiger Steve » Sat 25 Aug, 2018 11:18 pm

sideline eye wrote:
Sat 25 Aug, 2018 11:08 pm
As a (very) old Magpie, I can't agree that we should be called Wests Magpies. Both clubs agreed that it should be Wests Tigers and the situation is that Wests, a couple of years back, granted Balmain 25% of the club even though Balmain were broke and in debt to the NRL. If Balmain can't repay the NRL on time, then they will cease to have any part of Wests Tigers.

I just think the club that we follow now is and always will be Wests Tigers, it is registered with the NRL under this name and they will never agree to a name change, which, in my opinion, is for the best. The thing that we all should acknowledge is that this club sprang from the Magpies and the Tigers and we shouldn't forget our history.

Go you mighty Wests Tigers!!!!!!!!!
Very well said. I wear my WestsTigers jersey with pride.
“Peanuts! Get ya peanuts - in the shell or sugar coated!” Leichhardt memories.

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Post by Needaname » Sat 25 Aug, 2018 11:43 pm

The point of this thread?

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Post by gallagher » Sun 26 Aug, 2018 12:09 am

Needaname wrote:
Sat 25 Aug, 2018 11:43 pm
The point of this thread?
It's the off season....

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Post by happy tiger » Sun 26 Aug, 2018 12:19 am

magpiecol wrote:
Sat 25 Aug, 2018 10:42 pm
Tiger Steve wrote:
Sat 25 Aug, 2018 6:56 pm
Snake wrote:
Sat 25 Aug, 2018 6:49 pm
Black'n'White wrote:
Sat 25 Aug, 2018 6:39 pm


I think Balmain owe Wests Ashfield money... and we under any banner are clear to the nrl.
The sooner the better that everybody including the media understand that the WestsTigers are not a joint venture they are owned by the West’s group that paid out 20 million to the Nrl to cover Balmains debt.
IMO the club will never have its own identity until the realities of the situation is made clear and people do not think otherwise .
Why do we not have our own identity?
Because the club is owned by Wests.

Why they loaned Balmain money is beyond me. They will never get it back.

West's Magpies should be the clubs identity.
Don't feed the Troll

We are a joint venture , both clubs will have their days financially in the past and future

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Post by Geo. » Sun 26 Aug, 2018 12:54 am

No apostrophe in West's....I'm shocked coming from Col..it's WESTS Col....
Ivan's Laws

1. You are either on the Bus or you are off..
2. The Star of the Team is the Team
3. Be the player your teammates want to play with..

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Post by happy tiger » Sun 26 Aug, 2018 1:08 am

Geo. wrote:
Sun 26 Aug, 2018 12:54 am
No apostrophe in West's....I'm shocked coming from Col..it's WESTS Col....
Maybe John West bought the Magpies

Then the troll would be right , West's Magpies

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Post by Geo. » Sun 26 Aug, 2018 2:54 am

happy tiger wrote:
Sun 26 Aug, 2018 1:08 am
Geo. wrote:
Sun 26 Aug, 2018 12:54 am
No apostrophe in West's....I'm shocked coming from Col..it's WESTS Col....
Maybe John West bought the Magpies

Then the troll would be right , West's Magpies
Well i think John West is in charge of recruitment..the players other team rejects is what makes WESTS Tigers the best...
Ivan's Laws

1. You are either on the Bus or you are off..
2. The Star of the Team is the Team
3. Be the player your teammates want to play with..

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Post by Chicken Faced Killa » Sun 26 Aug, 2018 6:18 am

I find it interesting that clubs run at these big losses - average $1.9M yet somehow people still want to become owners and throw money at them. I get the doing it because you love the club angle but how long could you throw money away for?

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