Balmain Tigers face extinction

I for one will not be attending any rally, this does not affect the WT or the Magpies. When we needed support who rallied for us. My support is letting people deal with the situation without me being difficult. I am just grateful the Magpies will still field a football team. Balmain or no Balmain, WT will survive.
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I'm not being disrespectful to original Magpie supporters , But for myself having played for Balmain Tigers in Harold Mathews and S.G Ball competitions 15 years ago , i would be gutted if we no longer exist and if Wests Tigers change to Wests Magpies or change colours or are not to be Tigers anymore , i swear blind that i will never watch a League game again and would follow the AFL alot closer. The game will lose me altogether.
I was there that night when we had to vote and heard the pleas by Keith Barnes , Wayne Pearce that Balmain wouldn't survive but we still would of made the cut alone .
 
The Tigers brand wont be going anywhere.. The WT variety that is..

The football club and leagues club days are numbered unless a financial and gov planning fairy pays a visit.
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@Benjirific said:
@wtfl1981 said:
@andrew 474 said:
the west tigers joint venture recieve nrl funding and also sponsorship money i didnot think balmain and wests had to still kick in after all the years of the joint venture , i thought they had to support their juniors or a balmain ryde eastwwod type deal for there own clubs

Dont play down club ownership. Ask sharks, titans, manly and before tinkler newcastle about financial security from a owner or wealthy sponsor or strong leagues club. TV deal covers mostly first grade players.

Luckily WT has Ashfield as a solid wealthy leagues club for financial backing.

Why do you think nrl clubs outsource nsw cup teams - to save Money!

If Balmain go under for good. Wests Group (primarily Ashfield) will buy out their 50% share (but that does not mean that WT dissolves)
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**It may not mean the end, but I would have grave doubts about the state of our club if it was run solely by the Wests Group. You only need to look at what happened to the Magpies when they went to Campbelltown and how they have functioned administratively recently to see they have problems running the show.** I also wouldn't put it past them to try and re-start the Magpies. If you think there is infighting now, just wait until the various Wests Group members get fighting.

I think it's underestimated how important David Trodden is to the whole set-up. He seems to have plenty of pull with the NRL (he is the spokesperson for all of the clubs) and is on the NSW board as well, and if Balmain were to fold it could mean we lose a good relationship with the NRL and other clubs. I've never really heard of Mike Bailey or any of the Wests directors on the WT board having any relationship with the NRL or any other club, even when he is the Chairman. Is that a situation we really want to be in?

Unfortunately, you are spot on….and it all began a long long time before they even arrived at Cambo.
I love the Maggies, but theyre useless

Not sure if it would actually get to that stage, but if it did i would be very concerned
 
@Benjirific said:
It may not mean the end, but I would have grave doubts about the state of our club if it was run solely by the Wests Group. **You only need to look at what happened to the Magpies when they went to Campbelltown and how they have functioned administratively recently to see they have problems running the show.** I also wouldn't put it past them to try and re-start the Magpies. If you think there is infighting now, just wait until the various Wests Group members get fighting.

Let's just clarify a couple of things:

1\. When Western Suburbs moved to Campbelltown, it was probably a tad early (1987). The area had a large junior pool, but predominantly up to ages 13 & 14\. It was always going to be a slow burn with the development of both the juniors and the market itself. Developing markets is difficult work and it was left to Wests - Arko and co provided no assistance.

2\. The club actually began to thrive in the area in 1996 & 1997\. The major issue was the Super League war and not changing the name of the club to "Macarthur". Player wages went off the scale and Wests Ashfield, as they had since Masters' days, refused to pump more money into player wages. Player retention was impossible and the club relied heavily on local juniors, many of which were not ready for first grade. Interestingly, those tough decisions by Wests Ashfield are now paying large dividends.

3\. Prior to 1999, it was the Western Suburbs Football Club with complete administrative and board control whilst funded by the Leagues clubs. As noted above, it was an uphill task and the Football club probably did not have people of sufficient talent to tackle these issues. In saying that, IF (and I actually think it to be impossible) Balmain was to fall out of the JV, it would be the **Wests Group** that would take ownership, not the Western Suburbs Football club. The current board structure of the Wests Group is as follows:

Wests Ashfield: 60%
Wests Campbelltown: 20%
Wests Football Club: 20%

As pointed out by other posts, it would be envisaged that there would be no change to the brand, administration, home grounds etc. It would just be a change in the ownership structure with the majority of the ownership residing with two very successful businesses.

Wests Ashfield appoints a couple of directors to the football club. Issues between Wests Campbelltown and the Football club have been slowly resolved. There would be minimal infighting.

@Benjirific said:
I think it's underestimated how important David Trodden is to the whole set-up. He seems to have plenty of pull with the NRL (he is the spokesperson for all of the clubs) and is on the NSW board as well, and if Balmain were to fold it could mean we lose a good relationship with the NRL and other clubs. I've never really heard of Mike Bailey or any of the Wests directors on the WT board having any relationship with the NRL or any other club, even when he is the Chairman. Is that a situation we really want to be in?

I think this to be a non issue. Although were you aware an ex Western Suburbs director was put forward as a candidate for the NRL Commission (Jim Marsden), but was rejected to appease the red necks?
 
Talk of ownership reshuffles is fairly premature and I would argue insensitive. To me it comes across as relatives discussing dividing the assets of a relative with a serious though not incurable.

In any case, is there anything to stop Balmain selling their share to say Ryde-Eastwood? Is there anything is this much hyped "agreement" that says Balmain can only sell its share to Wests?
 
@Yossarian said:
Talk of ownership reshuffles is fairly premature and I would argue insensitive. To me it comes across as relatives discussing dividing the assets of a relative with a serious though not incurable.

In any case, is there anything to stop Balmain selling their share to say Ryde-Eastwood? Is there anything is this much hyped "agreement" that says Balmain can only sell its share to Wests?

I think you would find in similar JV, the other partner has first say in any change to ownership. Looks stupid if they accepted a bailout from Parramatta doesn't it.
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@tigermaniac said:
@Yossarian said:
Talk of ownership reshuffles is fairly premature and I would argue insensitive. To me it comes across as relatives discussing dividing the assets of a relative with a serious though not incurable.

In any case, is there anything to stop Balmain selling their share to say Ryde-Eastwood? Is there anything is this much hyped "agreement" that says Balmain can only sell its share to Wests?

I think you would find in similar JV, the other partner has first say in any change to ownership. Looks stupid if they accepted a bailout from Parramatta doesn't it.
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Well the NRL wouldn't allow another NRL club for one thing.

But the question remains what can be done? Ryde-Eastwood are a club within the Balmain football club. Could Ryde-Eastwood merge formally with Balmain or takeover operations? Could Balmain privatise itself? I'd doubt Wests would be able to make a call on how Balmain chooses to structure itself.
 
@tigermaniac said:
@Yossarian said:
Talk of ownership reshuffles is fairly premature and I would argue insensitive. To me it comes across as relatives discussing dividing the assets of a relative with a serious though not incurable.

In any case, is there anything to stop Balmain selling their share to say Ryde-Eastwood? Is there anything is this much hyped "agreement" that says Balmain can only sell its share to Wests?

I think you would find in similar JV, the other partner has first say in any change to ownership. Looks stupid if they accepted a bailout from Parramatta doesn't it.
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There would/should be clauses in the JV to allow the other partner the option to buy the shares at an agreed value etc if the Balmain FC chose to sell its 'shares' in the JV and change the ownership provenance of the JV…

But there would be nothing stopping Balmain FC being sold to a third party or a private equity partner of its own accord... In this instance, the new owner of BFC would still control its assets or investments and technically become 50% owner of the JV.
 
@wtfl1981 said:
Who would buy the swelling $10m debt?
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Someone who wants 50% of an NRL franchise. Ryde-Eastwood League for one. In anycase I would have thought the Leagues club has the debt not the football club and surely the Football club owns the 50% share?
 
That would be his company on the front of our jersey right?

![](http://www.weststigersshop.com.au/images/Products/fullimage/WT_2012_jersey_home-249.jpg)
 
@Yossarian said:
In anycase I would have thought the Leagues club has the debt not the football club and surely the Football club owns the 50% share?

Exactly right. The onus falls on Balmain Football club to provide the revenue injection as required.

Your other post about premature discussion of change of ownership also correct too. My earlier post was more to address the perception of "Wests" and administration. From my understanding, $500k has been the largest requirement from both the Wests Group and the Balmain Football Club. Let's be honest, It is not the largest amount in the world and could be easily acquired if the Balmain Leagues Club fell over.
 
@Yossarian said:
That would be his company on the front of our jersey right?

![](http://www.weststigersshop.com.au/images/Products/fullimage/WT_2012_jersey_home-249.jpg)

Give it a break Yoss. Balmain aren't dead yet. Why are we planning a funeral when no one had died yet.
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@tigermaniac said:
@Yossarian said:
That would be his company on the front of our jersey right?

![](http://www.weststigersshop.com.au/images/Products/fullimage/WT_2012_jersey_home-249.jpg)

Give it a break Yoss. Balmain aren't dead yet. Why are we planning a funeral when no one had died yet.
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The post was in relation to the post about Harry Triguboff… What's the problem? I don't see how that would prompt your post...
 
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