Recent content by The Chad

I'm not sure it needs to be that covert. HBG's first complaint was (kind of)- they were not being included in business decisions at a board level. The reaction was to remove the board not aligned with HBG. PVL interviews those board members. Richo resigns (with an investigation over his...

No- thank you for the clarification. I can get lost in legal terminology

This is directly of the Wests Magpies website- Holman Barnes Group Support of current and former Balmain Tigers related operations In 2020, Holman Barnes Group acquired the operating Assets of the Balmain Leagues Club Ltd. This includes Tigers Sydney Markets Club (Flemington) and tenancy for a...

Can the club do without that investment?

Holman Barnes Group Support of current and former Balmain Tigers related operations In 2020, Holman Barnes Group acquired the operating Assets of the Balmain Leagues Club Ltd. This includes Tigers Sydney Markets Club (Flemington) and tenancy for a Future Tigers Leagues Club premises at Rozelle.

Who is? I thought I had read that. Or at least assisting in the funding?

I still feel it's a balance argument. I like Big Red's suggestion from earlier- 10% to each JV, 80% controlled by a Third party brought in from elsewhere. Removes any reliance on HBG & Wests Magpies for the running of the Wests Tigers club.

To your point- I think you're right. It would seem against the best interests of the club to not fund Tigers junior development.

Of the funding that does not come from NRL grants & sponsorship is what I, rather poorly, suggested. Of the 2 JV clubs, Wests contributes significantly more.

I get that mate- but because of the way the club is set up, it's not as simple as "everything is Wests Tigers". In theory, it should be. But because 1 side of the JV is now propping up the other side, there's now a business/financial aspect to be considered- because it's not longer an even...

That's skipped ahead a few steps to that point. I think it's potentially one of the roots of the problem. Now there are rallies to remove them. I think what Viscous is suggesting is, if they are continually 'disrespected' in their eyes, they might just stop propping up the Balmain side of...

Pretty sure that is why they want a bigger say on the board though- because they are doing most of the funding (not grants etc) than the other side of the JV.

Is it 3? Doueihi, Seyfarth & Sukkar?

I think what you've said here possibly gets to some of the root of the problem. If HBG stop funding Balmain juniors- how would people feel about that? We already know Balmain can't fund it. So would that just mean Balmain withers completely & all juniors come though Wests Magpies? I think a...

Ok- I get that part. Then HBG has control over Wests Magpies in a similar board set-up. And Wests Magpies owns 90% of the share of Wests Tigers. That's basically right?