Search results

Numbers for Parramatta Leagues Club FY2024: NRL Grant - $19,442,250 (excl grant related to CoE) Sponsorship and Hospitality - $12,346,565 Gate Revenue - $8,375,213 Exl any club money - Total Revenue = $40,164,028 All I can find in the annual report as to what the leagues club poured in is a...

As I said, my cynical view only!

My cynical take on what the HBG board did before Xmas... The wanted Richo gone as they saw he was doing things without consulting the board on some things and was breaching his remit. They hatched this little plan to see if he'd quit. And of course he did. If that's what they actually did, it...

I made a comment about this earlier. From what I can see from some notes on the NRL pages, each club gets the same fixed amount, then the NRL tops up the grant which is flexible and is based on the local NRL nursery. Thus, WTs, Penrith and Souths for example get an elevated top up, as the...

Absolutely

Sorry - i removed that comment. It was too short and not enough info. My repost above has a better detailed breakdown. And some thoughts and considerations

Just re-reading the Financial Report for the Dogs: Sponsorship to CB Bulldogs from Leagues Club - $6,150,000 (WTs $1,700,000) NRL Grant - $18,190,000 (WTs $19,652,102) Gate Reciepts - $6,028,754 (WTs $3,308,751) Sponsorship & Corp Partnership - $10,567,848 (WTs $7,079,682) Thats where the cash...

TBH I lost count over who was coming and going off the board. I was suprised when Julie become president of the club. Mile Bailey was around until his sad passing in 2021 Dennis has obviously survived Mick Liubinskas was on the board (since 2014), then he was unceremonioulsy dumped end of 2023...

Wouldnt be the first time. My wife used to smack me on the head when i called Peter, John and John, Peter. Sometimes the old grey cells cross their wires. EDIT: Have edited my incorrect names on my comment above

I dunno. Maybe by association via her late husband to John Hardgrove who went out on the podcast to say he thinks the debenture system is antiquated and seemed to support the movement to break up the debenture system (ironically, he has never to my knowledge rescinded his Debenture, despite...

Thats exaclty what I am saying. Did you ever meet them? Both very skilled "political" movers inside of the club. They had sufficient influence that other board members seemed to back their agenda's. And that is exactly what I am trying to suggest.

The porfolio is not quite there. Its still in a good position, but its on balance sheet value totals, but around $160m

So you dont think HBG bailing out the club to the tune of several million dollars when Balmain went into default has done the same for the Wests Tigers? Sure HBG "only" has property assets to the value of $62m where Easts have property assets at more than twice that at $160m... but given Easts...

Given this board has only been together a short while in this guise, thats a hard question to answer. What we can say is the two persons who have been barred from the board for several years, and who were also part of Wests Tigers for several years are no longer calling the shots. And lets...

....becuase a Balmain board voted in by its members did such a stellar job keeping the doors open. How about stop buying into the nonsense that it was the Debenture System which was causing all these issues. Is a total red herring. its ironic that the 2x board members who caused most of the...

Honestly? There is nothing wrong with the current board members at HBG that I can see makes cause for anyone to demand they resign. Lets ignore the "Dennis" story for a moment: Francesco Primerano - Lawyer and Businessman Stephen Montgomery - Lawyer and Barrister Vince Tropiana - ex Ford Motor...

No "Nick Politis" hasnt been investing money in propeties to generate income for the Roosters. The Easts Leagues club has been investing money in property to ensure Easts Leagues Club remains financially viable. The statement on the Easts Leagues Club makes it plain. Roosters are self...

See my previous post for a breakdown from the Sharkies income statements: https://weststigersforum.com/threads/hbg-independent-directors-sacked.36902/post-2223083 No line entry for the amount of monies that the Sharks leagues club subsidise into the football club. At least HB offer a level of...

How could he be worse? He either was directly responsible for the bullying and harrasment and deliquency at Opal Care, or he oversaw a business which was bullying, harrased residents and didnt provide the duty of care, which he was end of the day responsible for. You want that kind of a...

See my comment above. In FY25 the football club was granted a bonus $1.2 million from the NRL as a result of the Federal Govt funding the PNG Franchise. Ironically in that same year, we announced we had made a profit. Thing is, we will never know the root cause becuase the football club being...