Breaking news: HBG takeover

[Vicious]

You would believe anything mate ,,,, you think O Farrel is gunna exceed his authority? He is probably on several other boards and this is his meal ticket these days …

Well there is 2 sides to a story and most people are only believing one side of the story.
I couldn’t care less if HBG are involved with Wests Tigers or not, makes zero difference to me, but common sense tells you if important matters are not being raised and approved at board level, there is a problem.
That would still be a problem for whoever is in control.
We talk about board turmoil not happening at other NRL clubs like it does with ours, that is true, but I also cannot imagine major news not being discussed at board level at any other NRL clubs before it is revealed,

 

[Lestronge]

The rumour is Barry O’Farrell was giving approval on major decisions without them being presented to the board.
If it’s not presented to the board, how were they to know about it ?

Thats micromanagement. Anything that was in the remit of needing board approval , went to the board . Otherwise , do these people not understand entirely independent board ? Like seriously what insight is Denis and his joker mates who’ve been retired for 20 years , about the financial decisions of the day to day running of the club. Like seriously ? It was the whole point of the review to stop that shit from happening … because HBG= OLD geriatrics with nothing better to do then screw shit up because life is boring when you get old ..

 

[Vicious]

That’s not a rumour

Fact, rumour, innuendo, whatever you want to call it.
But you are calling him a blatant liar if you totally dismiss what he stated,

 

[Vicious]

Thats micromanagement. Anything that was in the remit of needing board approval , went to the board . Otherwise , do these people not understand entirely independent board ? Like seriously what insight is Denis and his joker mates who’ve been retired for 20 years , about the financial decisions of the day to day running of the club. Like seriously ? It was the whole point of the review to stop that shit from happening … because HBG= OLD geriatrics with nothing better to do then screw shit up because life is boring when you get old ..

It is not micro management.
No business allows major decisions to be made without their board being consulted.

 

[BAGNF05]

Well there is 2 sides to a story and most people are only believing one side of the story.
I couldn’t care less if HBG are involved with Wests Tigers or not, makes zero difference to me, but common sense tells you that if important things are not being raised and approved at board level, there is a problem.
Any that would still be a problem for whoever is in control.
We talk about board turmoil not appending at other NRL clubs like it does with ours, that is true, but I also cannot imagine major news not being discussed at board level at any other NRL clubs before it is revealed,

An independent review found an independent board was the key to fixing the club. The independent board was sacked within a year for acting independently. Wake up.

 

[BlackWhiteGold]

It’s been rumoured major decisions were being aoroved without being presented to the board.
If you were pouring millions of dollars into a business any ally and were not consulted about motor decisions, would you be happy ?
Sounds very dodgy to me.

BOF said the Board had complied with its responsibilities in communication so someone is lying. Let’s say he did this, why not HBG just ask him to stand down rather than all 4 independents?

 

[Lestronge]

So if you were pouring millions of dollars into a business annually and were then not informed about big decisions, would you be happy ?

They litterally give the least amount of finances than any other club . We might as well be called the Oakland Athletics . Tight arse owners.

 

[tigahhh]

It is not micro management.
No business allows major decisions to be made without their board being consulted.

HBG members are on the WT board 🤦🏻‍♀️🤦🏻‍♀️

 

[Vicious]

An independent review found an independent board was the key to fixing the club. The independent board was sacked within a year for acting independently. Wake up.

They didn’t find that the independent board members are allowed to make decisions without them being raised and approved by the board, you wake up.
Maybe the independent board members should of being covering all the costs if this was to be the case.

 

[Batmans Parents]

V, you’re so much smarter than this …. they are acting in their own self-interest not for the betterment of the club

No he’s not smarter than that. He’s genuinely one of the dumbest people on here and is widely known for his idiotic takes. Arguing with the fool is like arguing with a brain-damaged pigeon.

 

[Vicious]

HBG members are on the WT board 🤦🏻‍♀️🤦🏻‍♀️

They were supposedly not consulted and that’s the whole problem.

 

[BAGNF05]

They didn’t find that the independent board members are allowed to make decisions without them being raised and approved by the board, you wake up.
Maybe the independent board members should have being covering all the costs if this was to be the case.

You’ve made that up and called it a rumour.

 

[Leck]

HBG would never have gained the dominant shareholder and financial position it holds today if it weren’t for the mismanagement of Kristina Keneally and the Labor Government in 2010.

The old Balmain Leagues Club was forced to close in 2010 to make way for a proposed metro station, a project that never happened.

This closure put enormous financial pressure on Balmain. Ultimately, HBG, under the guise of bailing out Balmain, effectively executed a financial takeover.

What they failed to realise was that this also hurt critical pathways programs in the inner west and Ryde, which in my opinion has contributed to our poor performance since 2010.

I personally can’t see HBG’s behaviour changing anytime soon. What we need is a private consortium genuinely passionate about the Tigers and Magpies to step in and convince the NRL that the current governance by HBG is harming the brand.

 

[tigahhh]

They didn’t find that the independent board members are allowed to make decisions without them being raised and approved by the board, you wake up.
Maybe the independent board members should of being covering all the costs if this was to be the case.

you’re the one who complains about not playing finals football everyday. but here you are defending the decision to put the board who oversaw 15 years of failure back in complete control. make it make sense

 

[Tom Shines]

Well there is 2 sides to a story and most people are only believing one side of the story.
I couldn’t care less if HBG are involved with Wests Tigers or not, makes zero difference to me, but common sense tells you that if important things are not being raised and approved at board level, there is a problem.
Any that would still be a problem for whoever is in control.
We talk about board turmoil not appending at other NRL clubs like it does with ours, that is true, but I also cannot imagine major news not being discussed at board level at any other NRL clubs before it is

HBG is dysfunctional as anything ., they fight amongst themselves more than the WT Board… how much shit do they accuse each other about ? One moment they are best friends with Julie Romero … next she is out the door … I wouldn’t believe anything they say…before that it was Rick Wade and Dave Gilbert …. This latest is straight out of the playbook

 

[Vicious]

You’ve made that up and called it a rumour.

Listen to the Daniel Paton statement ent from yesterday.
You can either call him a liar or have an open mind and believe what he is saying and understand why there was a problem.

 

[innsaneink]

Well there is 2 sides to a story and most people are only believing one side of the story.
I couldn’t care less if HBG are involved with Wests Tigers or not, makes zero difference to me, but common sense tells you if important matters are not being raised and approved at board level, there is a problem.
Any that would still be a problem for whoever is in control.
We talk about board turmoil not appending at other NRL clubs like it does with ours, that is true, but I also cannot imagine major news not being discussed at board level at any other NRL clubs before it is revealed,

Bullshit...I dont believe you and i dont believe Paton

 

[Vicious]

HBG is dysfunctional as anything ., they fight amongst themselves more than the WT Board… how much shit do they accuse each other about ? One moment they are best friends with Julie Romero … next she is out the door … I wouldn’t believe anything they say

Thee is no doubt about that, but they still have the right to be consulted about major decisions since they are the ones putting their money in.
Logic tells you no business would allow major decisions to be made without them being raised and passed at board level.
We can get rid of HBG and that type of conduct will still not be acceptable.

 

[BAGNF05]

Listen to the Daniel Paton statement ent from yesterday.
You can either call him a liar or have an open mind and believe what he is saying and understand why there was a problem.

He said key decisions weren’t communicated to HBG. They have reps on WT Board so that makes no sense. He did not accuse WT Board members of making decisions without consulting WT Board. You’ve made that up completely.

 

[Lestronge]

It is not micro management.
No business allows major decisions to be made without their board being consulted.

Bullshit …. You’re telling me that Amazon which owns 100s of subsidiaries, has reps and eyes on every major/minor decision each of those companies
Makes . No way !!!!!!
They would have board meetings and have questions around decisions and inputs , but generally , if the business is turning a profit , and is financially viable , and thier shareholders are benefitting …Why would they need to know if Circuit Board manufacturer Curcuits r Us , has changed component suppliers , outside of notification they had to change suppliers for X reason.
A company is just letters and numbers on a document . It’s the people that you’re buying , and thier knowledge . This isn’t a factory line where you’re up in your office yelling shit at the floor all day .