HBG, Independent Directors Sacked

[Yossarian]

I got the feeling yesterday this is starting to really look like the souths privatisation saga that Richo led, with Laundy now openly stating he wants us. There would definitely be others.

Oh for sure. Put together a consortium, fund the purchase. Hell they could even float part of it to fans to defray some of the cost!

 

[coivtny]

My 30 year old son and I have had a real bond going to Leichhardt oval every game to cheer on the mighty Tigers. He rang me yesterday to ask what the hell is going on. I tried to explain it but his comment was it just makes him feel sad!
Says it all really.

Mate, I truly hope that you and your boy will be going to Leichhardt to watch WT for many years to come. These are the things that really matter.

 

[Bula]

The quality of our social media presence has increased dramatically with no blunders like the last people doing it.

I can't see the problem...the finances are audited and provided to the owners each year...a CEO isn't going to pull shonky ones for a few thousand bucks and risk their reputation.

Richos son manages more than just WT. They are a legitimate company with legitimate services.

So is The Trunp Organisation. It doesn't mean that there is no conflict of interest and non-commercial arrangements. The players that junior Richo sent to the club would not have got a gig at any other NRL club and it always sniffs when you give family a leg up with other people's money.

 

[Rock Hopper Steve]

I'm hoping it will go something like this;

Richo resigns from HBG on Monday to put himself at arm's length
PVL revokes HBG's licence for failing to act in the best interests of Wests Tigers
Laundy or the NRL takes up the licence
Richo gets reinstated as CEO
Business as usual with no HBG

That would be nice for us but there are dozens of possible outcomes.

That's more like the fairytale now unfortunately, every new day seems to uncover another knife in the back, this Richo stuff has me feeling a little uncomfortable.

 

[coivtny]

Oh for sure. Put together a consortium, fund the purchase. Hell they could even float part of it to fans to defray some of the cost!

How about an ownership model like the Green Bay Packers who are a community-owned NFP in the NFL and a very successful sporting franchise. Having said that they are the only top sporting franchise in the USA with that style of ownership.

 

[TIGERS]

So is The Trunp Organisation. It doesn't mean that there is no conflict of interest and non-commercial arrangements. The players that junior Richo sent to the club would not have got a gig at any other NRL club and it always sniffs when you give family a leg up with other people's money.

That's just not true. And besides at least the Trunp org wins a few contests.

 

[Tony Taco]

The old Balmain Leagues Club in Rozelle, a long-time derelict site, is being transformed into Rozelle Village, an $800 million mixed-use precinct with apartments, shops, a supermarket, public spaces, and a new Wests Tigers Leagues Club. Developers PERIFA and Mitsubishi Estate Asia are building residential towers (up to 16 stories, some affordable housing) and community facilities, with completion expected around 2028, bringing new life to the iconic but neglected location on Victoria Road.

Wonder if the development is in sudden jeopardy?

 

[Rock Hopper Steve]

I got the feeling yesterday this is starting to really look like the souths privatisation saga that Richo led, with Laundy now openly stating he wants us. There would definitely be others.

He did in his article suggest it would be a consortium not just him, the trouble is we have to get these gizzard brains to sell, it won't be easy.

 

[Yossarian]

How about an ownership model like the Green Bay Packers who are a community-owned NFP in the NFL and a very successful sporting franchise. Having said that they are the only top sporting franchise in the USA with that style of ownership.

Absolutely. I’m open to any suggestions/models that get us away from what we currently have.

 

[hank37w]

I'm hoping it will go something like this;

Richo resigns from HBG on Monday to put himself at arm's length
PVL revokes HBG's licence for failing to act in the best interests of Wests Tigers
Laundy or the NRL takes up the licence
Richo gets reinstated as CEO
Business as usual with no HBG

That would be nice for us but there are dozens of possible outcomes.

I like your outcome, do you think we can have it sorted by the end of next week.

 

[Plato]

That's what I'd like to see, too

A Christmas miracle, but anything could happen here. PVL must be conflicted because he's all about expansion yet we already have too many Sydney based teams. If he came up with The Pacific Island Tigers based in New Zealand that wouldn't surprise me either! All we can do is cross our fingers and hope for the best.

 

[innsaneink]

So Rich digital do WTs social media as well?
I wasnt aware of that....I thought they were just player agents

 

[coivtny]

That's more like the fairytale now unfortunately, every new day seems to uncover another knife in the back, this Richo stuff has me feeling a little uncomfortable.

Me too. I started feeling uneasy when I first heard of the links with Richo's son and then more uneasy when I saw the calibre of player we were recruiting from his agency. It just is a recipe for problems and a source for allegations like this one currently being looked at. Having said that I'm not suggesting Richo has crossed the line. I hope he's got too much integrity for that.

 

[Suzie-Q]

A Christmas miracle, but anything could happen here. PVL must be conflicted because he's all about expansion yet we already have too many Sydney based teams. If he came up with The Pacific Island Tigers based in New Zealand that wouldn't surprise me either! All we can do is cross our fingers and hope for the best.

Exactly 🤞🤞

 

[BAGNF05]

How about an ownership model like the Green Bay Packers who are a community-owned NFP in the NFL and a very successful sporting franchise. Having said that they are the only top sporting franchise in the USA with that style of ownership.

10c per share for old Tigers, 90c for Magpies 😂

 

[Vicious]

So Rich digital do WTs social media as well?
I wasnt aware of that....I thought they were just player agents

He’s probably been using Wests Tigers to bump up his Super Annuation like everyone before him.
Wests Tigers are seen as merely a cash cow from everyone involved.

 

[coivtny]

I like your outcome, do you think we can have it sorted by the end of next week.

I wouldn't rule out a solution being nutted out before the end of next week. I don't think HBG will want the Pratten Park protest meeting and subsequent march on Wests Ashfield to proceed. It will be a disaster for them.

 

[coivtny]

10c per share for old Tigers, 90c for Magpies 😂

I'd pay that if I got 90% share but isn't that what most of us on here want to move away from?

 

[Rock Hopper Steve]

Me too. I started feeling uneasy when I first heard of the links with Richo's son and then more uneasy when I saw the calibre of player we were recruiting from his agency. It just is a recipe for problems and a source for allegations like this one currently being looked at. Having said that I'm not suggesting Richo has crossed the line. I hope he's got too much integrity for that.

Working with family can be flirting with danger the temptation to help them out can be overwhelming, I hope that it turns out not to be the case but if there's a disguised money trail then he's in trouble.

 

[innsaneink]

He’s probably been using Wests Tigers to bump up his Super Annuation like everyone before him.
Wests Tigers are seen as merely a cash cow from everyone involved.

Do they do our social media too?