Delving deep inside Wests Ashfield

The State Emergency Cabinet Protocols vs. The 3:30 PM Meat Raffle
Q: During state crises, Premier O'Farrell could suspend normal parliamentary proceedings to declare a State of Emergency. Can he declare an emergency at Ashfield?

A: Tested under Resolution 618. At 3:28 PM, Barry called an "Emergency Executive Motion" to halt HBG's veto powers before an NRL deadline expired. Senior Debenture Holder #1 stood up, picked up his raffle tickets, and pointed to the loudspeaker,

"State of Emergency?! Barry, it's 3:29 PM! The Sunday Meat Raffle caller is at the microphone. In this club, not even the Governor-General can suspend Standing Orders during the calling of the tray of pork chops!".
 
Classical Matches from the past.

The Match: May 10, 1992 at Campbelltown Sports Stadium. The Magpies upset the Dragons 16–12 in an absolute mud bath.

Rain fell so heavily over Campbelltown that by half-time, numbers on the back of the jerseys were completely obliterated. The referee attempted to identify players by their socks, only to discover that half the Wests forward pack were playing in mismatched work socks they’d bought at the local Woolworths that morning. The match ball was never recovered and is believed to still be buried somewhere near the 20-meter line.
 
In the past, money from poker machines brought in plenty of cash, but those revenues are now dropping due to tougher rules and people spending less.

This means HBG can no longer rely on pokie money to fund the football team like they used to. Instead of putting all their funds into the Wests Tigers, HBG is spreading its risk by investing in non-sporting businesses, like property and hospitality venues, as well as branching out into other sports teams. The recent equity stakes in soccer ventures, partnering with historic club APIA Leichhardt to form Wests APIA FC, and taking an equity interest in the Central Coast Mariners in the A-League.

The key person behind this shift is Dennis Burgess, the group’s Chairman and the major long-term investor (a debenture holder). Because his main goal is to protect the company's financial future and prevent money from being lost, his influence is keeping HBG focused on safe, diversified business moves and controlled joint ventures rather than spending heavily on the Wests Tigers.
 
In the past, money from poker machines brought in plenty of cash, but those revenues are now dropping due to tougher rules and people spending less.

This means HBG can no longer rely on pokie money to fund the football team like they used to. Instead of putting all their funds into the Wests Tigers, HBG is spreading its risk by investing in non-sporting businesses, like property and hospitality venues, as well as branching out into other sports teams. The recent equity stakes in soccer ventures, partnering with historic club APIA Leichhardt to form Wests APIA FC, and taking an equity interest in the Central Coast Mariners in the A-League.

The key person behind this shift is Dennis Burgess, the group’s Chairman and the major long-term investor (a debenture holder). Because his main goal is to protect the company's financial future and prevent money from being lost, his influence is keeping HBG focused on safe, diversified business moves and controlled joint ventures rather than spending heavily on the Wests Tigers.
Just sell us problem solved for everyone
 
Back
Top