Balmain set to retain stake in Wests Tigers as deadline extended

[greatodensraven]

ok geo do it then
if it makes you feel good do it
just like balmain

D

Ta ta…

Damn, was going to ask what he thought about gluten-free diets :smiley:

 

[Guest]

you have got to be kidding me
many Balmain supporters will walk now
and I hope the juniors go to the eels
as wests don't have any of note

And that pretty much sums up why you have been banned.

 

[Cultured_Bogan]

Either sort it out now, or cut Balmain loose. Stop prolonging the pain for the old Balmain fans, and the Wests Tigers fans who genuinely want the club to move forward from this.

 

[innsaneink]

It like picking a scab

 

[foreveratiger]

Either sort it out now, or cut Balmain loose. Stop prolonging the pain for the old Balmain fans, and the Wests Tigers fans who genuinely want the club to move forward from this.

It really is a joke now, they've had how long to organise themselves? :brick:.
Unless there very close in closing out a deal with someone? otherwise it's a nothing extension.

 

[Cultured_Bogan]

Either sort it out now, or cut Balmain loose. Stop prolonging the pain for the old Balmain fans, and the Wests Tigers fans who genuinely want the club to move forward from this.

It really is a joke now, they've had how long to organise themselves? :brick:.
Unless there very close in closing out a deal with someone? otherwise it's a nothing extension.

Or the geniuses at Balmain have another theoretical sugar daddy they want to sound out before handing the keys over to Wests.

 

[Telltails]

It appears that the Wests group are genius enough to work out that you try to hold on to your sugar daddies if you have got any because you are better off with them than without them.

 

[Cultured_Bogan]

It appears that the Wests group are genius enough to work out that you try to hold on to your sugar daddies if you have got any because you are better off with them than without them.

Point well made.

 

[Harvey]

It appears that the Wests group are genius enough to work out that you try to hold on to your sugar daddies if you have got any because you are better off with them than without them.

Or you bump them off after making sure you are in the will.

 

[Tbone]

I think your scenario is a little bit off what actually happened. Imagine a man and a woman get married and both come into the relationship with a house. They don't want to live in each others house, and so buy a 3rd that will be "their" house. The wife then sells her house without the knowledge of the husband, and invests the profits in a dodgy pyramid scheme that was promoted by a scheming ex, and borrows more money to continue to invest in "their" house. Eventually the house of cards collapses and she can no longer afford to pay her share of "their" house. The husband takes on the debts and pays them off, and continues to invest in their relationship.
The alternative is a messy divorce, where she takes her share of "their" house which doesn't even pay off the debts created by her poor decisions.
I will lay money that the Campbelltown clubs (they also own a tennis club and 2 golf clubs) are turning at least 3 times the profit of the Balmain clubs.

Who was that guy on the forum a while ago who used to post a lot about Potter and always used the cheesy saying "blaming the fireman not the arsonist?" He'll always be the forum's premier analogy expert to me.

 

[hobbo]

I think your scenario is a little bit off what actually happened. Imagine a man and a woman get married and both come into the relationship with a house. They don't want to live in each others house, and so buy a 3rd that will be "their" house. The wife then sells her house without the knowledge of the husband, and invests the profits in a dodgy pyramid scheme that was promoted by a scheming ex, and borrows more money to continue to invest in "their" house. Eventually the house of cards collapses and she can no longer afford to pay her share of "their" house. The husband takes on the debts and pays them off, and continues to invest in their relationship.
The alternative is a messy divorce, where she takes her share of "their" house which doesn't even pay off the debts created by her poor decisions.
I will lay money that the Campbelltown clubs (they also own a tennis club and 2 golf clubs) are turning at least 3 times the profit of the Balmain clubs.

Who was that guy on the forum a while ago who used to post a lot about Potter and always used the cheesy saying "blaming the fireman not the arsonist?" He'll always be the forum's premier analogy expert to me.

Jerry Seinfeld

 

[Abraham]

Yesterday was the most fun I've witnessed on this forum in years !

Member meltdowns are always an exiting time to be alive.

#bringbackTigervitaly
#illridewithyouVitaly

 

[GNR4LIFE]

When it's an old Balmain fan it's funny. When it's an old Magpie it's a dinosaur

 

[Cosimo_Zaretti]

Look all us old Balmain fans want is a few Sunday afternoons on the hill with a proper grilled sausage and onions from the bloke outside. We couldn't give a rats who's in control of the gambling revenue.

 

[innsaneink]

The Wayne 'Junior' Pearce hill

 

[TrueTiger]

Look all us old Balmain fans want is a few Sunday afternoons on the hill with a proper grilled sausage and onions from the bloke outside. We couldn't give a rats who's in control of the gambling revenue.

And a nice cold beer to wash them down with….just a bit of the old traditional stuff...its not much to ask for....its what our great game was built around...cheers.

 

[tigerbalm]

Look all us old Balmain fans want is a few Sunday afternoons on the hill with a proper grilled sausage and onions from the bloke outside. We couldn't give a rats who's in control of the gambling revenue.

Things change I guess. You either get onboard and accept or spend the remainder of your winters being a whinny nut bag like some folk have been in this toasty bread.

I get the 10 year extension from a buisness perspective but God I don't look forward to a decade of these style conversations. It's actually a little cruel to the Balmain diehards cause it gives hope in a situation that has none.
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Meh.

 

[Cosimo_Zaretti]

Look all us old Balmain fans want is a few Sunday afternoons on the hill with a proper grilled sausage and onions from the bloke outside. We couldn't give a rats who's in control of the gambling revenue.

Things change I guess. You either get onboard and accept or spend the remainder of your winters being a whinny nut bag like some folk have been in this toasty bread.

I get the 10 year extension from a buisness perspective but God I don't look forward to a decade of these style conversations. It's actually a little cruel to the Balmain diehards cause it gives hope in a situation that has none.
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Meh.

It's just my personal take on it, but I think Wests Group have what they want. They've got control of Wests Tigers and they keep the Balmain Tigers intellectual property associated with the club.

Who cares if a now essentially non existant entity ever pays them back? There's nothing left of Balmain RLFC to sue anyway. All they bring is the name, the Tiger emblem and the history. That's gotta be worth more than some 2c on the dollar settlement Wests Group might get out of Balmain's recievers.

 

[Cultured_Bogan]

2 cents in the dollar? Even then I think you're being very generous.

 

[Cosimo_Zaretti]

2 cents in the dollar? Even then I think you're being very generous.

It would be a pretty sad auction when all the trophies, original photographs and jerseys went under the hammer, but it'd raise some cash. We're talking 100 years of Rugby League history. Throw in the office furnishings and Wests could probably get a few hundred thousand hocking the family silver and recover a portion of the loan.