gallagher
Well-known member
@ said:
Got us in the black and delivered a premiership winning coach.
And people don't like poor Gus.
First profit for the club
- Thread starter Snake
- Start date
Got us in the black and delivered a premiership winning coach.
And people don't like poor Gus.
K
Kerry_Cogger
Guest
@ said:
Yep.The second Wests Ashfield took over the club has gone from strength to strength off the field.
@ said:
That's my understanding as well. That comes from a bloke who is heavily involved in Penrith Juniors. Truth be told he hadn't many nice things to say about Pascoe's time there himself.
Maybe Justin wasn't the right fit for that club to execute Gus' vision. Sounds like everyone won in that scenario.
K
Kerry_Cogger
Guest
@ said:
Huh???
hammertime
Well-known member
@ said:
Considering the blokes at Penrith just hired back a bloke they fired, they mustn't be the smoothest operators out there. Just lucky they have plenty of $$$ to cover mistakes.
innsaneink
Well-known member
@ said:
Gus must have friends in high places in the media… I remember us getting hammered in the media... Wrongly as well... based on nothing more than speculation... On our financial decisions not too long ago.... Hello tunksy, you turd
@ said:
The media hammering we got in the first half of 2017 was insane. I’d never seen such malicious reporting… Buzz, Crawford, Hooper, Richie... all those News Ltd hacks, they must’ve been in meeting with the sales team and so they came up with the hammer-the-tigers strategy
@ said:
Was just thinking the same thing. You absolutely nailed it. Buzz must be drinking himself into a stupor now that his cheating sharks are seemingly on the slide financially whilst we are humming along nicely albeit without the success that they've enjoyed in recent years.
@ said:
Not really, Buzz is the first to toe into his "beloved" Sharkies when there's an exclusive to be had.
@ said:
Met him a few weeks back, struck me as a bloke who is pathetically bitter about not getting more out of the game financially. He doesn't ham it up for 2SM… He was constantly talking about how much better it was in his day, they played for the love, they got nothing out of it financially, they're softer now...
He is just a miser that the game has grown and instead of being happy with his part he played in growing the game he laments that he didn't get more meat off the bone.
G
Guest
Guest
Wests Tigers in the black for first time in club's history
By Christian Nicolussi
7 December 2018 — 4:13pm
The Wests Tigers have gone from posting a $4.6 million loss in 2016 to rounding out 2018 with a $100,000 profit - and the club did not even play in the NRL finals.
As rivals Cronulla announced a $3 million loss a couple of weeks ago, the joint-venture club have finished in the black for the first time in their 20-year history.
And it was the Ivan Cleary drama that spectacularly led to a late flurry of support from the business sector.
Tigers chief executive Justin Pascoe said the club's goal was to end their seven-year absence from September, but off the field the club was more than punching above its weight.
It was not that long ago there was a push to have the Tigers relocated to Perth.
The Tigers finished with a $4.6 million loss in 2016 and a $2.4 million loss in 2017 before the recording a profit this year. Membership also rose from 14,767 in 2016 to 20,709 this season, with forecasts of more than 23,500 in 2019.
The club are also pushing hard to have a women's team included in the Tarsha Gale Cup.
Pascoe would love the Tigers to become "the most financially successful NRL club in Sydney".
As for the Cleary drama, Pascoe told the Herald: "The way we handled the Ivan situation, it impressed a lot of businesses, and we were quickly inundated with support because of the professionalism we showed.
"We had about $2 million worth of commercial growth, but more than $1 million was invested back into the club.
"It's pretty remarkable considering we're a club who hasn't played finals. That's our absolute intent next year, to play finals, and not just next year but to play it every year."
Pascoe returned from a recent trip to the US where he toured different sporting organisations, and they could not believe the competition among clubs in such a small market like Sydney.
"The Braves were talking about their financial success and how they were driving their income, and they said they were fortunate because a couple of states around them did not have an allocated baseball team, so they aligned themselves with us," Pascoe said.
"When I told them we had 20 professional sporting organisations within 30 miles of Sydney, they nearly fell off their chair and asked, 'how do you compete?' It's a challenge but I've always said we wanted ot re-engineer, not rebuild this club.''
While the front office is in order, Pascoe knows the fans are more concerned about on-field performances.
The long-term signing of Luke Brooks, the signing of new coach Michael Maguire and a fit again Josh Reynolds are reasons for hope.
The club also have until June 30 to fill the final spot on their 30-man roster, and have made it known they are in the market for an outside back.
By Christian Nicolussi
7 December 2018 — 4:13pm
The Wests Tigers have gone from posting a $4.6 million loss in 2016 to rounding out 2018 with a $100,000 profit - and the club did not even play in the NRL finals.
As rivals Cronulla announced a $3 million loss a couple of weeks ago, the joint-venture club have finished in the black for the first time in their 20-year history.
And it was the Ivan Cleary drama that spectacularly led to a late flurry of support from the business sector.
Tigers chief executive Justin Pascoe said the club's goal was to end their seven-year absence from September, but off the field the club was more than punching above its weight.
It was not that long ago there was a push to have the Tigers relocated to Perth.
The Tigers finished with a $4.6 million loss in 2016 and a $2.4 million loss in 2017 before the recording a profit this year. Membership also rose from 14,767 in 2016 to 20,709 this season, with forecasts of more than 23,500 in 2019.
The club are also pushing hard to have a women's team included in the Tarsha Gale Cup.
Pascoe would love the Tigers to become "the most financially successful NRL club in Sydney".
As for the Cleary drama, Pascoe told the Herald: "The way we handled the Ivan situation, it impressed a lot of businesses, and we were quickly inundated with support because of the professionalism we showed.
"We had about $2 million worth of commercial growth, but more than $1 million was invested back into the club.
"It's pretty remarkable considering we're a club who hasn't played finals. That's our absolute intent next year, to play finals, and not just next year but to play it every year."
Pascoe returned from a recent trip to the US where he toured different sporting organisations, and they could not believe the competition among clubs in such a small market like Sydney.
"The Braves were talking about their financial success and how they were driving their income, and they said they were fortunate because a couple of states around them did not have an allocated baseball team, so they aligned themselves with us," Pascoe said.
"When I told them we had 20 professional sporting organisations within 30 miles of Sydney, they nearly fell off their chair and asked, 'how do you compete?' It's a challenge but I've always said we wanted ot re-engineer, not rebuild this club.''
While the front office is in order, Pascoe knows the fans are more concerned about on-field performances.
The long-term signing of Luke Brooks, the signing of new coach Michael Maguire and a fit again Josh Reynolds are reasons for hope.
The club also have until June 30 to fill the final spot on their 30-man roster, and have made it known they are in the market for an outside back.
fibrodreaming
Well-known member
Not sure I understand your point Kiwitiger. Pascoe was quoted saying:
"We had about $2 million worth of commercial growth, but more than $1 million was invested back into the club."
Pascoe is saying that they reinvested $1m, not that they are sitting on it. It would be interesting to know how they reinvested the money. Presumably they would be team-related investments, rather than improving the carpet and soft furnishings at head office.
"We had about $2 million worth of commercial growth, but more than $1 million was invested back into the club."
Pascoe is saying that they reinvested $1m, not that they are sitting on it. It would be interesting to know how they reinvested the money. Presumably they would be team-related investments, rather than improving the carpet and soft furnishings at head office.
A
Ags
Guest
There is no reason we should be battlers, south west sydney being a huge growth area and all…
