Balmain set to retain stake in Wests Tigers as deadline extended

I came to the JV from the former Balmain side, after seeing the debacle that once was their leagues club in Victoria Rd , I wouldn't want Balmain directors running a chook raffle
 
@rex2ce said:
I came to the JV from the former Balmain side, after seeing the debacle that once was their leagues club in Victoria Rd , I wouldn't want Balmain directors running a chook raffle

To be fair they were also victims of circumstances. Most of them are decent erstwhile gentlemen who genuinely had the club's interest at heart.
 
@Geo. said:
@Tigervitaly said:
ok geo do it then
if it makes you feel good do it
just like balmain

D

Ta ta…

Perfect example when you push GEOs buttons….watch out Happy,you could be in GEOs crosshairs,and he could be ready to pull the trigger.....bang,bang ....no more frozen pie remarks...hahaha :laughing:
 
@TrueTiger said:
@Geo. said:
@Tigervitaly said:
ok geo do it then
if it makes you feel good do it
just like balmain

D

Ta ta…

Perfect example when you push GEOs buttons….watch out Happy,you could be in GEOs crosshairs,and he could be ready to pull the trigger.....bang,bang ....no more frozen pie remarks...hahaha :laughing:

Geo loves me TT , even as we speak I just mentioned his teabags are misplaced and he gave me pos rep for it :laughing:

I call it tough love :smiley:
 
@angry ant said:
Yes I applaud Wests Group if it occurs. As a few others have stated why would you want Wests Group to have 100% control of a team that was a merged entity and risk losing Balmain supporters/sponsors/juniors. It's not like the 25% ownership will be anything other than show, as Wests will have full control and any change they want to make will always be 'passed by a board'. A 10 year 'deadline' is very smart allowing more time for current ex-Balmain sponsors, supporters to lose that connection to the club.

If they ditch Balmain completely what's to stop another club say the Roosters/Souths from stepping in and funding the Balmain junior league. If Balmain is no longer an active member of the Wests Tigers (apart from the token Tiger) I and I would imagine a few others will be lost as supporters as Balmain was my passion. It will be much like what the Super League days did to a lot of old supporters, people just stop following and tune in to Origin and Finals games only.

Wests owning the club 100% will not progress the team in anyway in my opinion! With the impending stadium changes, I could not imagine Wests group would risk alienating more supporters especiallywhen they are already going to have to manage the outcry when Campbelltown and Leichhardt are left with 1-2 games per year starting as early as next year.

Your comment about the ten year term is interesting and I admit the same thought crossed my mind. 16 years is still a young club and the majority of us supporters still have an affiliation with either the Magpies or Balmain. It would be interesting to know what percentage are neutral and only associate their passion with the WT. one thing is certain- over time that percentage will grow and the threat of fans walking away (either Balmain or Western Suburbs) will be a lot less relevant. So a ten year loan certainly achieves that!

However, the ten year term might be for more practical reasons. Even if the DA for the new complex got approved today; I'd say at best the club wouldn't trade for 3 to 4 years. Opening the club and doing a fitout will require millions, There's now a risk the club will be paying rent (possibly up to market value) meaning returns won't be immediate as the club will need to achieve a reasonable turnover to become profitable. A ten year term would be needed for Balmain to get back on their feet so maybe it's a genuine opportunity rather than an appropriate period for us older supporters to die off lol.

I haven't followed the Balmain Leagues fiasco as close as some but is it true they have sold a lot of their poker machine licences to stay afloat?
 
@Gary Bakerloo said:
FYI - NRL has announced officially that negotiations regarding the structure of Wests Tigers have been extended by 1 month.

Jeez, they had two years to work something out. That's us all over i guess.
 
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