Funding is our biggest issue and we need the HBG to focus on their rugby league club, because that what their primary role should be. Yes, it’s good they spread the pokie revenue back into the community to help projects but their rugby league project must be their main focus.
I'm no apologist for HBG but Is it?
From the 2025 financial report (the most recent):
Note 2 page 37
Revenue
Grant - NRL $20,041.818
Grant - Other $3,035,552 *
Sponsorship - $7,431,909 *
Merchandise Sales - $1,592146 * (Consolidated less Parent)
Member subscriptions - $1,877,973 * (Consolidated less Parent)
Corporate Hospitality - $984,646 *
Ticketing - $4,734,280 *
Total $39,98,324
Now I don't know for certain, but I can only assume, that the vast bulk of the * items relate to Wests Tigers. The Other Grant, who knows? Some will relate to Western Suburbs District Rugby League Football Club Limited and APIA Leichhardt. There is no way of breaking down this from the Annual Report that I can see.
On page 29 it states that the Non Controlling Interest's (ie Balmain) share of the net profit is $182,674. That is 10% of the Wests Tigers Rugy League Football Pty Ltd's profit of $1,826,740.
Note 24 on page 52 outlines the player and coaching contractual commitments - $14,465,040 within 12 months, a further $21,922,880 between one and five years.
Note 25 on page 53 states that HBG paid $1,606,288 to other related party - Wests Tigers Rugby League Football Pty Ltd. It was $2,175,974 the year before.
The salary cap for 2027 is $12.1M.