gallagher
Well-known member
- Joined
- Jul 13, 2009
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This is from the wests magpies facebook page.
Some Magpies Supporters may be speculating over the decision by WAL Board and its Members for Wests Ashfield Leagues Club to takeover Balmain Leagues Club Assets and what it may mean moving forward.
- NO change to the name of Wests Ashfield Club or club branding.
-Main change is that Wests Ashfield take in the PROFITABLE Tigers Flemington Markets Club business under its wing.
- Wests Ashfield take ownership of all Poker Machine Licenses from BLC including unused ones from Five Dock & Rozelle.
- No change to Wests Ashfield Board, Directors, Debenture Holders or Memberships
- No change to Wests Tigers name, colours or NRL participation or home venues.
- Wests Ashfield become 90% owners of Wests Tigers
- Wests Tigers Board 9 seats will be:
5 Wests, 3 Independents, 1 Balmain
- Wests Ashfield are NOT responsible for Rozelle property debts. These debts will be wiped as part of this Takeover of BLC.
- any new Rozelle club will only go ahead if approved by State Government dept of Planning (state gov have the final call on use of the land ) If Not, pokie licenses can be taken elsewhere at the call of Wests Ashfield.
- Balmain Football Club still exists (with their own FC board) and will mainly oversee running of Balmain Junior Reps (SG Ball & Harold Matthews)
- Balmain Football Club wont be participating in Senior Rugby League
- Balmain Junior League competition will continue to operate as is today. Still administrated by NSWRL.
- Wests Ashfield will financially support Balmain Junior reps (SGB & HM) + Balmain Junior League (local kids footy) UP TO $350k (on approval of submitted Budget to WAL )
- Wests Ashfield will continue to support Wests Magpies who will continue in Junior Reps (SG Ball & Harold Matthews)
- Wests Magpies WILL continue as is today in the Canterbury Cup NSW
- Wests Ashfield takeover of BLC has NO involvement from Wests Campbelltown Leagues or Ryde Eastwood Leagues
- No change to Wests Tigers Macarthur Junior League (which is mainly funded via Wests Campbelltown) and also administered by NSWRL
- No change to Wests Magpies FC Board structure (still 4 x Wests Ashfield appointed directors and 3 x directors elected from FC membership)
- The Wests Ashfield Business gets to expand geographically into a new market which brings in more revenue to help deliver a secure business future in a challenging licensed club industry.
- That allows Wests Ashfield to continue its charter in Rugby League propagation 🏉
Some Magpies Supporters may be speculating over the decision by WAL Board and its Members for Wests Ashfield Leagues Club to takeover Balmain Leagues Club Assets and what it may mean moving forward.
- NO change to the name of Wests Ashfield Club or club branding.
-Main change is that Wests Ashfield take in the PROFITABLE Tigers Flemington Markets Club business under its wing.
- Wests Ashfield take ownership of all Poker Machine Licenses from BLC including unused ones from Five Dock & Rozelle.
- No change to Wests Ashfield Board, Directors, Debenture Holders or Memberships
- No change to Wests Tigers name, colours or NRL participation or home venues.
- Wests Ashfield become 90% owners of Wests Tigers
- Wests Tigers Board 9 seats will be:
5 Wests, 3 Independents, 1 Balmain
- Wests Ashfield are NOT responsible for Rozelle property debts. These debts will be wiped as part of this Takeover of BLC.
- any new Rozelle club will only go ahead if approved by State Government dept of Planning (state gov have the final call on use of the land ) If Not, pokie licenses can be taken elsewhere at the call of Wests Ashfield.
- Balmain Football Club still exists (with their own FC board) and will mainly oversee running of Balmain Junior Reps (SG Ball & Harold Matthews)
- Balmain Football Club wont be participating in Senior Rugby League
- Balmain Junior League competition will continue to operate as is today. Still administrated by NSWRL.
- Wests Ashfield will financially support Balmain Junior reps (SGB & HM) + Balmain Junior League (local kids footy) UP TO $350k (on approval of submitted Budget to WAL )
- Wests Ashfield will continue to support Wests Magpies who will continue in Junior Reps (SG Ball & Harold Matthews)
- Wests Magpies WILL continue as is today in the Canterbury Cup NSW
- Wests Ashfield takeover of BLC has NO involvement from Wests Campbelltown Leagues or Ryde Eastwood Leagues
- No change to Wests Tigers Macarthur Junior League (which is mainly funded via Wests Campbelltown) and also administered by NSWRL
- No change to Wests Magpies FC Board structure (still 4 x Wests Ashfield appointed directors and 3 x directors elected from FC membership)
- The Wests Ashfield Business gets to expand geographically into a new market which brings in more revenue to help deliver a secure business future in a challenging licensed club industry.
- That allows Wests Ashfield to continue its charter in Rugby League propagation 🏉