WestsTigers Foundation

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Snake
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WestsTigers Foundation

Post by Snake » Sat 07 Apr, 2018 7:24 pm

There is a good read about this foundation on the Herald online page ..unfortunately I do not know how to post it .
Has any members received any information on this from the club? ,Pasco stated it has been released to the public ...donations are tax free ,monies will be going for facilities upgrades ect .Sounds like a great way for us supporters to get financially behind the club.


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Post by gallagher » Sat 07 Apr, 2018 7:36 pm

Snake wrote:
Sat 07 Apr, 2018 7:24 pm
There is a good read about this foundation on the Herald online page ..unfortunately I do not know how to post it .
Has any members received any information on this from the club? ,Pasco stated it has been released to the public ...donations are tax free ,monies will be going for facilities upgrades ect .Sounds like a great way for us supporters to get financially behind the club.
I havnt received anything or heard anything from the club. Sounds worrying to be honest.

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Post by gallagher » Sat 07 Apr, 2018 7:39 pm


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Post by innsaneink » Sat 07 Apr, 2018 7:40 pm

A solid foundation: How Tigers made $1 million in two weeks




SPORTNRLWESTS TIGERS
A solid foundation: How Tigers made $1 million in two weeks
By Adrian Proszenko7 April 2018 — 5:00pm
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During the past fortnight, Wests Tigers supporters have been investing financially, as well as emotionally, in their club. The result is a $1 million windfall for the organisation.
At a time when 15 of the 16 NRL clubs are in the red, the joint-venture outfit has sought an alternative way to raise funds, through the newly created Wests Tigers Foundation.
The ultimate dividend: Wests Tigers fans can now financially contribute to the team's success.
The ultimate dividend: Wests Tigers fans can now financially contribute to the team's success.
Photo: AAP
The initiative, established with the Australian Sports Foundation (ASF), invites fans to make a tax-free donation at weststigersfoundation.com.au that will go towards the club’s elite development, community engagement and heritage recognition.
The program has only just been launched, but already is paying off, the faithful pledging a seven-figure amount to the Tigers over a four-year period. Officials stress that it is just the beginning and have encouraged other supporters to contribute to the club’s success now that the program has been launched publicly.
“It’s one of the most significant and ambitious projects the club has ever undertaken over the last 18 years,” Tigers chief executive Justin Pascoe said.
“We spent a lot of time with Richmond and Geelong, two clubs in the AFL, that gave us evidence-based studies to justify what we’re doing and make sure we’re doing it the correct way.
“Those clubs have generated about $10 million each in donations. We’ve spent a lot of time down there and it’s about getting it right the first time.
“It has become increasingly apparent that there is a correlation between those clubs that spend a lot of money in football departments and where they finish on the table.
“We will be giving our investors dividends, which is on and off-field results.
“It’s not finite, it will continue. Why wouldn’t people want to invest in a business seeking to becoming a dominant player in the NRL?”
Rugby league clubs have historically struggled to make ends meet. Some have the luxury of being linked to rich leagues club, but even they can’t afford to rely solely on revenue derived from poker machines.
While memberships, gate takings and merchandise sales will always be important, the Tigers have now followed the lead of AFL clubs in generating money through the ASF. In 2016-17, the ASF raised $44.75 million for Australian sport, just a tick under $20 million of those funds going to Australian rules football. Rugby league, by comparison, was 12th on the list of sports for donations with just $429,312.
The Tigers have made huge strides on and off the field, but the income stream is vital to ensure coach Ivan Cleary’s side can compete with cashed-up rivals. The club has secured $5.5 million worth of state government funding to begin the refurbishment of its outdated Concord headquarters, but every additional dollar counts to ensure the players have appropriate infrastructure.
A committee has been established to ensure the money is properly distributed to areas including the football department, the club’s 60 community programs and the acknowledging of former players.
“It’s about fast-tracking the process of realising our ambition to be a dominant club in the NRL, than if we just went down a traditional path,” Pascoe said.
“It’s not about the arms race of football spend, it’s about levelling the playing field.
“That could be from high-performance equipment to camps, to facility upgrades to recovery and rehabilitation equipment to staffing increases or specialist coaching additions.
“This is for all fans and members, it is an opportunity for them to be a part of a future that they can help shape.
“Anyone can be a part of the vision. They can come on the journey with us.”
The Tigers have exceeded all expectations this season, cementing a spot in the top eight despite being handed a horror draw that pitted them against the top teams from last year.

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Post by gallagher » Sat 07 Apr, 2018 7:41 pm

gallagher wrote:
Sat 07 Apr, 2018 7:36 pm
Snake wrote:
Sat 07 Apr, 2018 7:24 pm
There is a good read about this foundation on the Herald online page ..unfortunately I do not know how to post it .
Has any members received any information on this from the club? ,Pasco stated it has been released to the public ...donations are tax free ,monies will be going for facilities upgrades ect .Sounds like a great way for us supporters to get financially behind the club.
I havnt received anything or heard anything from the club. Sounds worrying to be honest.
I should have read the article first. They need to get this message out to the fans.


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Post by Snake » Sat 07 Apr, 2018 7:55 pm

Thanks for posting the article ,I thought it was a good read....our club is on the front foot and setting up independent finances moving forward to secure the future.
I just hope they make this known to all us supporters .

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Post by Tacky » Sat 07 Apr, 2018 7:58 pm

Sounds like an easy way for a certain billionaire to give the Tigers a bit of a helping hand.
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Post by Snake » Sat 07 Apr, 2018 8:13 pm

Tacky wrote:
Sat 07 Apr, 2018 7:58 pm
Sounds like an easy way for a certain billionaire to give the Tigers a bit of a helping hand.
Maybe ...do not underestimate how much the average punter would be willing to put in tax free.

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Post by Snake » Sat 07 Apr, 2018 8:13 pm

Tacky wrote:
Sat 07 Apr, 2018 7:58 pm
Sounds like an easy way for a certain billionaire to give the Tigers a bit of a helping hand.
Maybe ...do not underestimate how much the average punter would be willing to put in tax free.

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Post by gallagher » Sat 07 Apr, 2018 8:19 pm

Tacky wrote:
Sat 07 Apr, 2018 7:58 pm
Sounds like an easy way for a certain billionaire to give the Tigers a bit of a helping hand.
Couldn't he just give us the money anyway? He probably has in the past.

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Post by bathursttiger » Sat 07 Apr, 2018 8:24 pm

I'm going to kick in $10 a week, that's only 2 coffees or 2 beers.

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Post by supercoach » Sat 07 Apr, 2018 8:32 pm

Worth putting your hand in your pocket, the club has given me so much enjoyment fora long time

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Post by Mccarry » Sun 08 Apr, 2018 11:44 am

Shaun Spence is the driving force behind this foundation. Pascoe has been strategically helping him (as have others), but Shaun is the owner.

Further examples of the Tiges having the right people on and off the field.

When you see Shaun around the club, have a good look at him. He is a huge part of where we are going. He will contribute off the field after getting back up after head knocks derailed where his life was going.

Shaun has approached CEOs, high net worth individuals, and business owners. Many have come onboard. It’s not just one person but many.

Next steps is for others to do their bit. $500 here and there. An investment in the future of our club.
We have been asking for it for years, but just like our defence, this is further proof that the club leadership have done their bit.... NOW ITS OUR TURN!

Go the Tigers!

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Post by Elderslie Tiger » Sun 08 Apr, 2018 3:20 pm

Think of the possibilities there are 3222 members of this Forum if each contributed $100 we would have $322,200 not a bad Third Party Agreement to someone

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Post by innsaneink » Sun 08 Apr, 2018 3:28 pm

Mccarry wrote:
Sun 08 Apr, 2018 11:44 am
Shaun Spence is the driving force behind this foundation. Pascoe has been strategically helping him (as have others), but Shaun is the owner.

Further examples of the Tiges having the right people on and off the field.

When you see Shaun around the club, have a good look at him. He is a huge part of where we are going. He will contribute off the field after getting back up after head knocks derailed where his life was going.

Shaun has approached CEOs, high net worth individuals, and business owners. Many have come onboard. It’s not just one person but many.

Next steps is for others to do their bit. $500 here and there. An investment in the future of our club.
We have been asking for it for years, but just like our defence, this is further proof that the club leadership have done their bit.... NOW ITS OUR TURN!

Go the Tigers!
Thnx McCarry... Shaun is a great bloke

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Post by Yossarian » Sun 08 Apr, 2018 3:34 pm

First I've heard about it when I read it in the paper this morning. Definitely look into it.

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Post by tigerbenji » Sun 08 Apr, 2018 3:38 pm

I would throw in a $100, too happy to.

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Post by Elderslie Tiger » Sun 08 Apr, 2018 3:51 pm

Think of the possibilities there are 3222 members of this Forum if each contributed $100 we would have $322,200 not a bad Third Party Agreement to someone

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