HBG, Independent Directors Sacked

Now HBG have the boardroom like they wanted we just sit back, give them enough rope and watch them hang themselves, they won't be able to resist it. What are the odd there's more boardroom drama in like 18 months - 2 years time and then the N.R.L finally step in and get involved by appointing an administrator finally to sell it to someone else.
 
Mighty_Tiger said:
HBG showed their hand, they are all in now with the board named & have more than just external power on the Wests Tigers decisions.

If we get success they will deserve credit but if we don’t then fully expect heads to roll at the top especially as the majority decision makers.

Shows the true motives of the initial decision made and Daniel’s media stunt was just that a stunt.
Click to expand...
see u made it on the board , congrats
 
liltiger said:
PVL totally missed the mark in terms of what he thought the main issue with the fanbase was, he stated that wests and Balmain will always be a part of Wests Tigers fabric. We don't really give a rats about either of them. The issue is the ownership and their missmanagement of the club. So when PVL went in, he may very well have gone in to fix a non issue.
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He’s a politician. They always target a lesser issue to distract from a bigger problem. Seems like they are doing something.

I would use an example from the Bondi attack but I don’t want to derail the topic.
 
crazycat said:
hmm, did you just out a forum member?


Anyway, yes it has been on the agenda for ages.
What I suspect may have surprised Burgess and HBG would be the pricetag

The board committed to 30m? (combined) funding for Leichaert.
Campbelltown though came in at 50m.
I suspect HBG would have thought Ctown would be the minor stadium and they baulked at paying that much (with a stack of that money subsidsed by the government).

Ultimately...
The whole stadium thing sucks. Campbelltown has Raby, Airds, Claymore and a stack of poor suburbs and infrastructure needs. I back the Tigers, but we don't need 2x stadiums. That money could be way better spent, but people need to be re-elected so we waste it here.

Stuff the upgrades, go back to hills and ovals!
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Not sure what you mean. The funding is coming from government, not Wests Tigers.
 
crazycat said:
hmm, did you just out a forum member?


Anyway, yes it has been on the agenda for ages.
What I suspect may have surprised Burgess and HBG would be the pricetag

The board committed to 30m? (combined) funding for Leichaert.
Campbelltown though came in at 50m.
I suspect HBG would have thought Ctown would be the minor stadium and they baulked at paying that much (with a stack of that money subsidsed by the government).

Ultimately...
The whole stadium thing sucks. Campbelltown has Raby, Airds, Claymore and a stack of poor suburbs and infrastructure needs. I back the Tigers, but we don't need 2x stadiums. That money could be way better spent, but people need to be re-elected so we waste it here.

Stuff the upgrades, go back to hills and ovals!
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We have to bite the bullet and have 1 stadium and tbh a new shared stadium makes sense. The NRL should show some guidance and make a ruling as to new or upgraded grounds standards and expectations.
 
weststigers said:
Not sure what you mean. The funding is coming from government, not Wests Tigers.
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I thought it wasn't all Government. <could be wrong>.
Let me check.

Right, we pay nothing. 40m from federal/state government and 10m from the council.
www.austadiums.com

Final designs revealed for Leichhardt Oval upgrade

The final designs for the long-awaited redevelopment of Leichhardt Oval have officially unveiled, with work to commence following the 2026 season.
www.austadiums.com www.austadiums.com


...

My god how petty can these guys be.
 
crazycat said:
I thought it wasn't all Government. <could be wrong>.
Let me check.

Right, we pay nothing. 40m from federal/state government and 10m from the council.
www.austadiums.com

Final designs revealed for Leichhardt Oval upgrade

The final designs for the long-awaited redevelopment of Leichhardt Oval have officially unveiled, with work to commence following the 2026 season.
www.austadiums.com www.austadiums.com


...

My god how petty can these guys be.
Click to expand...
the stadium gripe was about Richo doing 15 year lock ins ,
thats really dumb
 
I think PVL will be around for as long as he wants the job at NRL so I’m thinking PVL has given HBG exactly what they want so they can hang themselves over the next 2 years , he will then step in with a your selling or I strip your nrl licence and hand it on to say Laundy who in 2 years would be ending stuff with the dogs , but also gives him times to set the take over in place , this would be the same for any other possible buyers , Elias and Co , etc , Burgess still on top of the HBG board worries me , and the Wests Tigers Board now has no football club experience , and Barry coming back third time shows he is not much chop , no way I would have come back after the treatment he got , I’m still not sure how this will go but previous results under HBg control are very poor , not one year that was as good as last year for Wests Tigers , members up , sponsors up , crowds up , profit first time , solid team , moved up ladder , good luck HBG tiger board
 
crazycat said:
I thought it wasn't all Government. <could be wrong>.
Let me check.

Right, we pay nothing. 40m from federal/state government and 10m from the council.
www.austadiums.com

Final designs revealed for Leichhardt Oval upgrade

The final designs for the long-awaited redevelopment of Leichhardt Oval have officially unveiled, with work to commence following the 2026 season.
www.austadiums.com www.austadiums.com


...

My god how petty can these guys be.
Click to expand...
Looks the same as it is now
 
GCfan said:
Why is that dumb?
If you’re stumping up that much cash you’d want a commitment to achieve a return on your investment I would have thought.
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did they think about incoming future sponsorships. Liability's etc
Your questioning because you think its maybe better , or stirrng
 
Marella Jube said:
I understand HBG, as majority owners, can do as they please but they should also be open to challenge given the lack of success in their tenure to date.
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Unfortunately I think HBG “do as they please” but the HBG WT board members are obligated to make decisions in the best interests of Wests Tigers, something they have proven incapable of over a number of years and identified by the successful outcomes of the independent board over the last 12 months.
 
boonboon said:
1. What directors of a JV legally owe

Once someone sits on the board of a joint venture company, they owe duties to the JV itself, not to whoever appointed them.

Under Australian law (Corporations Act + general law), directors must:

Act in the best interests of the JV

Act for a proper purpose

Avoid misuse of position or information

Manage conflicts appropriately


That duty does not change just because:

They are an employee of a shareholder, or

They were nominated by the parent company


So you’re absolutely right on the principle:

> If acting in the parent’s interests conflicts with the JV’s interests, the director must put the JV first.




---

2. Does that mean employee-directors are “in conflict”?

Technically: yes, a structural conflict exists

Because:

As employees, they owe duties to their employer

As directors, they owe duties to the JV

Those interests will not always align


This is often called a “potential” or “situational” conflict, not an automatic breach.

Practically: this is extremely common

Most JVs are set up exactly like this:

Each shareholder appoints directors

Many of those directors are senior employees

Everyone knows they bring a shareholder perspective


Courts and regulators accept this reality — as long as it’s managed properly.


---

3. How this conflict is usually managed (and made lawful)

Well-drafted JV structures rely on several safeguards:

a) Disclosure

Employee-directors must:

Disclose their employment relationship

Disclose specific conflicts when they arise (e.g. a contract between JV and parent)


b) Recusal

When there’s a direct conflict (e.g. pricing, disputes, enforcement of shareholder rights):

The conflicted director may need to abstain from discussion or voting


c) Shareholder agreement protections

JV agreements often:

Explicitly allow nominee directors

Acknowledge their dual roles

Define when they can receive/share information with the parent

Set reserved matters requiring shareholder (not board) approval


d) Board composition balance

Having:

Independent directors, or

Equal representation from JV partners


reduces the risk that the board becomes a proxy battleground for parents.


---

4. What directors cannot do

Even with all the above, an employee-director cannot:

Advance the parent’s interests at the JV’s expense

Use JV information to benefit the parent improperly

Sabotage the JV to improve the parent’s negotiating position

Treat themselves as a “delegate” rather than an independent decision-maker


Courts are very clear on this point.


---

5. So are they “meant” to act against their employer if required?

Uncomfortably, yes.

If a genuine conflict arises:

The director must prioritise the JV

Or step aside from the decision

Or, in extreme cases, resign from one role


That tension is real, and it’s one reason JV boards can be tricky.


---

6. Why companies still do it anyway

Because employee-directors:

Understand the business deeply

Can move faster than independents

Ensure the shareholder’s investment is properly overseen


The legal system accepts this as long as governance is tight.


---

Bottom line

✔️ Yes, there is an inherent conflict risk

✔️ Yes, JV directors owe duties to the JV, not their employer

❌ No, this does not automatically make the arrangement improper or unlawful

✅ The key issue is how conflicts are disclosed and managed
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Great post.

Everything you've mentioned above boonboon, who has the power to make sure that a JV is governed as per above?
 
mtd#2 said:
Great post.

Everything you've mentioned above boonboon, who has the power to make sure that a JV is governed as per above?
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Agree, great post @ boonboon.

ASIC can take enforcement action where there’s a breach of the corporations act. Not sure what would trigger a response, perhaps an anonymous whistleblower!

Presumably the NRL could also step in if they have given HBG notice to fix their governance and were shown to be in breach.
 
I can't believe that some of you want to give HBG another chance. All they have done is sack Richo, take over the board, and then bring back Barry to try to cover it up as if they somehow lost the battle. They have continuously made poor or underhanded decisions for far too long!
I want new owners who will dissolve this notion of a Joint Venture. Make it 1 club from top to bottom. Clean house of this BS as much as possible.
 
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