Wests Tigers Private Ownership is that the Answer?

While the debentures allow the holders constitutional rights, their liability is limited to the $100.
They have no skin in the game, so it’s a matter of “all care and no responsibility.”
Very much unlike a private company where a creditor can in certain cases come after your house. So you can easily see how standards can slip and outcomes can take a backward seat.
i just wasted 15minutes of my life googling for a loop hole in the debenture system ,to throw the dogs a bone .
At $100 its all 1 way traffic - considering a glutton would easily get a return on their outlay at the 1st prawn n pworn luncheon ,proudly mc'd by dirty denny
 
i just wasted 15minutes of my life googling for a loop hole in the debenture system ,to throw the dogs a bone .
At $100 its all 1 way traffic - considering a glutton would easily get a return on their outlay at the 1st prawn n pworn luncheon ,proudly mc'd by dirty denny
Sorry mate. The foxes are in the henhouse. Only us geese to sound the alarm.
 
Mike I can see by your Avatar picture of Noel Kelly you were and probably still are a Wests MAGPIES supporter just as I am (though now a Wests Tigers fan). Are you a strong believer in the Holman Barnes Group and the way they have run the Wests Tigers footy club? Are they the answer to turning the footy club back into a regular NRL finalist and why?
I don’t believe HBG have any Interest in the Wests Tigers. It seems to be just another part of their portfolio, a trophy. I actually think there is either deliberate or subconscious process of running Wests Tigers into the ground. They have been absolutely abysmal owners.

The question posed is confusing because Wests Tigers is already privately owned by HBG. Wests Tigers is not owned by the government or the NRL.

So what I can gather is people just want a different owner, which is fine by me. The question I have is what type of owner? A person, a group of people, a Co-Op, a company or private equity?

When we ask loaded questions we need to be clear on what the expected outcome is. Sometimes you need to be careful of what you wish for.

For me I think we had it pretty well right with the Independent board. That’s what we need to get back to. The independent board were making progress until HBG blew it up.

Perhaps it’s time the NRL stepped in and appointed a truly independent board whose only Interest is the Wests Tigers.
 
The push for private ownership is the reason for the leaks, Benjis 5 year deal, bad media coverage, Richo being sacked, player managers turning away. Factions want HBG out which, is hard to argue with however they will destroy the club to push this agenda. Most already know this. Benji was employed as a face to cover HBG this is why he’s being targeted apart from the lack of success. The media journos are all on board.

The only hope this club has is Benji growing up as a coach and leading a return to success. Coaches won’t touch us now they all know the agendas.

I couldn’t care less about ownership I have wanted wests MacArthur to take over for years they are bigger, stronger and have great footy acumen but it won’t happen.
 

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