Balmain Tigers’ future secured with funding agreement with NRL and Western Suburbs

Still would like to know where Balmains 25%of the yearly running costs are going to come from? This is not a Balmain / Wests issue.
This is a Money issue.
 
@hammertime said:
This is seriously terrible guys. Say good bye to our club, the leagues clubs are back in control…. :deadhorse: :deadhorse: :brick:

Not leagues "clubs". Leagues Club. I think without the need to compromise at every turn, we will see more direction from the board; then we saw during the 50/50 days.
 
@Patts said:
@hammertime said:
This is seriously terrible guys. Say good bye to our club, the leagues clubs are back in control…. :deadhorse: :deadhorse: :brick:

Not leagues "clubs". Leagues Club. I think without the need to compromise at every turn, we will see more direction from the board; then we saw during the 50/50 days.

Because that's worked out so well in the past with the magpies and tigers as solo entities?

The definition of insanity is trying the same thing over and over, expecting a different result.
 
@hammertime said:
Because that's worked out so well in the past with the magpies and tigers as solo entities?

The definition of insanity is trying the same thing over and over, expecting a different result.

Slight difference, pre merger they were run by the football clubs with grants coming in from leagues clubs. Yes, the football clubs were not the best and operating a NRL club (or ARL, NSWRL etc).
 
@hammertime said:
@Patts said:
@hammertime said:
This is seriously terrible guys. Say good bye to our club, the leagues clubs are back in control…. :deadhorse: :deadhorse: :brick:

Not leagues "clubs". Leagues Club. I think without the need to compromise at every turn, we will see more direction from the board; then we saw during the 50/50 days.

Because that's worked out so well in the past with the magpies and tigers as solo entities?

The definition of insanity is trying the same thing over and over, expecting a different result.

Canterbury, Penrith, Parramatta, etc - nothing wrong with a successful leagues club running a football club
 
@Patts said:
@hammertime said:
@Patts said:
@hammertime said:
This is seriously terrible guys. Say good bye to our club, the leagues clubs are back in control…. :deadhorse: :deadhorse: :brick:

Not leagues "clubs". Leagues Club. I think without the need to compromise at every turn, we will see more direction from the board; then we saw during the 50/50 days.

Because that's worked out so well in the past with the magpies and tigers as solo entities?

The definition of insanity is trying the same thing over and over, expecting a different result.

Canterbury, Penrith, Parramatta, etc - nothing wrong with a successful leagues club running a football club

Well you picked 2 clubs with salary caps scandals and one that was saved by phil Gould. Plus, all those have a lot more $s to burn than we do.

It's just not a good model. Just sit back and look at the governance structure and revenue streams. It's open to both financial risk and management corruption/factions.

We were onto a fantastic thing with the perfect balance…now it's gone and we won't get it back.
 
Well we agree to disagree.
I just don't see a better alternative. A Tinkler or Penn?? No thanks.
The current board set up with 3 independents and 2 from WA was forced upon WA. But if they're pouring in all the money than they have a right to govern in my mind.
 
@Patts said:
Well we agree to disagree.
I just don't see a better alternative. A Tinkler or Penn?? No thanks.
The current board set up with 3 independents and 2 from WA was forced upon WA. But if they're pouring in all the money than they have a right to govern in my mind.

It is a fallacy to say they are pouring in all the money.Most of the money comes from the NRL in grants and if memory serves me correct(which it may not)covers our salary cap each year.Additional money does come from wests ashfield but not even close to all of it
 
Well Wests Ashfield run the show now and it is a good outcome. If they oversee WT like Ashfield we'll be looking very good in years to come. As much as I was a Balmain boy, I'd really rather just have seen them walk away completely from the JV and manage their juniors. It really has been depressing watch them prolong the agony. I really don't think they will ever find their way back, even if the Leagues Club does eventuate.
 
@hammertime said:
@gallagher said:
@Magpie Magic said:
Good to see the NRL pushed out.

Yeah, that a positive, i never liked the idea of them picking members of the board. Did they even change anything?

I don't think you guys know how the independent selection worked. They were selected by all 3 parties….

Can't have the NRL a major party in our club. It reeks of a lack of direction and control and we could've ended up anywhere. .

This is good really.

1) Preserves good will.

2) Retains Balmains involvement.

3) Allows Balmain a chance to return to 50 50..

4) Ensures the JV controlled by the foundation clubs.
 
@jadtiger said:
@Patts said:
Well we agree to disagree.
I just don't see a better alternative. A Tinkler or Penn?? No thanks.
The current board set up with 3 independents and 2 from WA was forced upon WA. But if they're pouring in all the money than they have a right to govern in my mind.

It is a fallacy to say they are pouring in all the money.Most of the money comes from the NRL in grants and if memory serves me correct(which it may not)covers our salary cap each year.Additional money does come from wests ashfield but not even close to all of it

Out of the two owners, they ARE pouring in all the money. The best part of two million each year. Let's not make out like Wests Ashfield contributions are not substantial. Actually, if Wests Ashfield was in the same position as Balmain there's a good chance the Wests Tigers would have been gone from the NRL by now.
 
@Patts said:
@jadtiger said:
@Patts said:
Well we agree to disagree.
I just don't see a better alternative. A Tinkler or Penn?? No thanks.
The current board set up with 3 independents and 2 from WA was forced upon WA. But if they're pouring in all the money than they have a right to govern in my mind.

It is a fallacy to say they are pouring in all the money.Most of the money comes from the NRL in grants and if memory serves me correct(which it may not)covers our salary cap each year.Additional money does come from wests ashfield but not even close to all of it

Out of the two owners, they ARE pouring in all the money. The best part of two million each year. Let's not make out like Wests Ashfield contributions are not substantial. Actually, if Wests Ashfield was in the same position as Balmain there's a good chance the Wests Tigers would have been gone from the NRL by now.

a fair chunk of TPA comes from a generous old Balmain supporter …
 
@Magpie Magic said:
@hammertime said:
@gallagher said:
@Magpie Magic said:
Good to see the NRL pushed out.

Yeah, that a positive, i never liked the idea of them picking members of the board. Did they even change anything?

I don't think you guys know how the independent selection worked. They were selected by all 3 parties….

Can't have the NRL a major party in our club. It reeks of a lack of direction and control and we could've ended up anywhere. .

This is good really.

1) Preserves good will.

2) Retains Balmains involvement.

3) Allows Balmain a chance to return to 50 50..

4) Ensures the JV controlled by the foundation clubs.

*sigh* nrl was not a 'major' party.. But anyway.

So what You are saying is the deal solidifies the past. Yep. And could return us to a structure which failed. Fantastic. 2 things which will bode well for our club going forward #sarcasm

I'm going to keep this page bookmarked for the I told you so's down the track.

:deadhorse: :deadhorse:
 
@Cultured Bogan said:
Well Wests Ashfield run the show now and it is a good outcome. If they oversee WT like Ashfield we'll be looking very good in years to come. As much as I was a Balmain boy, I'd really rather just have seen them walk away completely from the JV and manage their juniors. It really has been depressing watch them prolong the agony. I really don't think they will ever find their way back, even if the Leagues Club does eventuate.

Well of course Wests Ashfield is a success. It's in an Asian part of Sydney with a lot of pokies and doesn't need to make a profit, but more importantly, mike Bailey can tell everyone when to close the shutters when there is rain on the horizon!

:brick:
 
@hammertime said:
Well of course Wests Ashfield is a success. It's in an Asian part of Sydney with a lot of pokies and doesn't need to make a profit, but more importantly, mike Bailey can tell everyone when to close the shutters when there is rain on the horizon!

:brick:

#stereotype
 
@Cultured Bogan said:
Well Wests Ashfield run the show now and it is a good outcome. If they oversee WT like Ashfield we'll be looking very good in years to come. As much as I was a Balmain boy, I'd really rather just have seen them walk away completely from the JV and manage their juniors. It really has been depressing watch them prolong the agony. I really don't think they will ever find their way back, even if the Leagues Club does eventuate.

I'm happy with this situation also CB. If the re-development of Balmain Leagues Club gets off the ground in the next 12 months, then I'm pretty confident Balmain will be ok down the track, it will just take a bit of time but that development should be should. This is the best outcome for now though.
 
@hammertime said:
*sigh* nrl was not a 'major' party.. But anyway.

So what You are saying is the deal solidifies the past. Yep. And could return us to a structure which failed. Fantastic. 2 things which will bode well for our club going forward #sarcasm

:deadhorse: :deadhorse:

It's not the same structure as pre-merger. Those with their skin in the game make the decisions. That was not the case pre-merger. The football club made the decisions and was granted money by the leagues club.
 
@Gary Bakerloo said:
@hammertime said:
*sigh* nrl was not a 'major' party.. But anyway.

So what You are saying is the deal solidifies the past. Yep. And could return us to a structure which failed. Fantastic. 2 things which will bode well for our club going forward #sarcasm

:deadhorse: :deadhorse:

It's not the same structure as pre-merger. Those with their skin in the game make the decisions. That was not the case pre-merger. The football club made the decisions and was granted money by the leagues club.

I'm talking about going back to the 50/50 split Gary.
 
@Gary Bakerloo said:
@hammertime said:
Well of course Wests Ashfield is a success. It's in an Asian part of Sydney with a lot of pokies and doesn't need to make a profit, but more importantly, mike Bailey can tell everyone when to close the shutters when there is rain on the horizon!

:brick:

#stereotype

About mike the weatherman? Yeah, fair enough. He can probably do more than call the weather.
 

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