HBG, Independent Directors Sacked

The Chad said:
How did they get control?
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It's honestly one of the weirdest systems.

20 people loaned Wests Ashfield $100. They get interest on that $100.

But these 20 people control Wests Ashfield. Can't vote them out. They are the ones with control of HBG and as a result Wests Tigers.

Have been for about 12 years since Balmain lost It's share.
 
weststigers said:
It's honestly one of the weirdest systems.

20 people loaned Wests Ashfield $100. They get interest on that $100.

But these 20 people control Wests Ashfield. Can't vote them out. They are the ones with control of HBG and as a result Wests Tigers.

Have been for about 12 years since Balmain lost It's share.
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See?

Now you're getting to the crux of the story.

What gave HBG control?
 
cochise said:
That's the angle he has been working for the last 30 minutes
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If only I was a bit less worked up I might have cottoned on. Or he could have just said it.
The Chad said:
I mean that HBG assumed control when one side of a co-existence stopped supporting the venture.

It's not about 'fault'

How do you wrestle control of majority share holders?
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These fools were a problem when it was 50/50 too. Either way, why should the fans have to put up with these heroin junkies (alledgedly) blowing up the club every season or two?

It's outrageous...this is about how they manage the club and 20 people who don't even own the club...they just have control of the club, make decisions for a huge supporter base - it would be ok if they made good decisions, but sadly they don't.
 
weststigers said:
If only I was a bit less worked up I might have cottoned on. Or he could have just said it.

These fools were a problem when it was 50/50 too. Either way, why should the fans have to put up with these heroin junkies (alledgedly) blowing up the club every season or two?

It's outrageous...this is about how they manage the club and 20 people who don't even own the club...they just have control of the club, make decisions for a huge supporter base - it would be ok if they made good decisions, but sadly they don't.
Click to expand...
If only I was a bit less worked up I might have cottoned on. Or he could have just said it.

Dude- why would you lie to me? You said you were chilled out.
 
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