HBG, Independent Directors Sacked

hammertime said:
They have sabotaged the club man, thats the problem. You can't rewind what just happened and the timing was right when bula was negotiating.

So there better be a bloody good reason. Because, from the outside looking in, there is very little to justify blowing up the club like this, especially when all metrics were trending positive.

Currently the reason is not informing HBG on some commercial items. Which is not a good enough reason alone for me to do what they did, unless there were multiple warnings deliberately ignored.

Their example, the leichardt deal, came with $50m of stadium funding. Massive. It was a win, so what if they weren't consulted? There were heaps of public articles about richos push leading up to it, so if they didnt get involved, its on them.
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Yeah...you're right...it had been a pretty public series of events around Leichhardt. To say they had no idea is laughable.
 
Tito Santana said:
O

Hmmm yes. Reiterating we need those supporters of wests magpies or Balmain tigers to cark it (of natural causes mind you) to assist the club moving forward.

Mmmm
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hey!!! wash your mouth out with soap Tito Marshall.
I'm not going anywhere till I'm at least 90.
My father got to 97 and my mother 99.
I have longevity in my family you cheeky young person.
 
innsaneink said:
The same evidence as the members you mentioned quoted...you know, the facts

Why dont you go start another rumour....then claim theres two sides to every story, then cover your arse with an each way bet...troll.

Werent you a member of those lunatics at Cambo with their scary skull and crossbones banner...wests diehards ar some garbage?

Im done with you, dont engage with me again
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Classic Sealioning from Vicoious here
 
If Richo walks he goes so with two years full pay with is contract linked to Barry O Farrell retaining his position.
So they were either prepared to let Richo walk when they sacked O Farrell or they forgot about that when Paton said the independents dismissal would have no impact on Richardson and Benji. Don't think Richardson would have that clause if it was not significant to his position at the club.
Or maybe the pushback from the media/ NRL and fans has got them a little rattled and efforts have been made restore some trust.
 
I just saw a post from Codesports ( is that the Telegraph?) Where Arthur Laundy said he is willing to buy out Wests 90% ownership. Not sure whether this is factual or not ?
 

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hammertime said:
If want more, here's what Gemini thinks about recent actions compared to parramatta being dismissed.

The Parramatta case serves as a direct precedent for the current HBG situation. The ultimate reason for the Parramatta board's sacking was that it had "ceased to be effective as a governing body"—a core requirement of the Registered Clubs Act 1976.

The current turmoil at HBG—with directors suspended for misconduct and the majority owner sacking four independent directors over internal disputes—is the very definition of a board that is not stable or effective, making it a very similar issue to the one that triggered the most severe regulatory action against Parramatta.
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Parramatta were committing fraud in order to illegally pay players extra money on top of the cap. They were punished by the licensing board for the fraud and by the NRL for salary cap rorting. And yet there was no hoohaa about revoking their licence. Their case is a far cry from HBG sacking the board.
 
1itiger said:
Where is Harry Triguboff in all this?

With all due respect to Laundy who sounds like an absolute legend (worth just over 1.6 billion)

Harry clocking in just under $19 billion on Australian Forbes Rich List 2025 🤷🏽‍♂️💰 in 2nd position to Gina Rinehart.
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Harry got pissed off when Pascoe stopped giving him free handouts.
 
diedpretty said:
Parramatta were committing fraud in order to illegally pay players extra money on top of the cap. They were punished by the licensing board for the fraud and by the NRL for salary cap rorting. And yet there was no hoohaa about revoking their licence. Their case is a far cry from HBG sacking the board.
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They haven't just removed the board though, have they. There's been 8 directors kicked off, in 3 rounds across two boards. Protection of an apparent harassment case because they needed his vote, lawsuits between directors, and persistence wifh significant structural issues effecting proper member representation. That's just what is public.
 
Tucker said:
I’d be surprised if he quit.
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If he's expected to function like a HBG puppet by the HBG, he won't hang around. Though this Laundy talk all of a sudden, this is really starting to look a bit like Russell Crowe and
Peter Holmes Acourt Privatisation of Souths that Richo fought tooth and nail for after going at it with I think it was the Souths juniors. They eventually voted to sell Souths Richo reckons he was getting death threats from fans over it. From guys who didn't want to privatise.
Starting to look abit similar in that we also have constant boardroom upheaval because of factional fighting. I'm wondering if Richo is lobbying Laundy and the N.R.L to get a privatisation deal done. There would be plenty of ways the N.R.L could "entice" HBG to sell.
 
BZN said:
Why do you think HBG are sabotaging the club?
Quite honestly there are so many rumours flying around...and that's all they are, rumours...and so many people getting hot under the collar.
I'm just worried with all this bolarkey that's going on and upsetting people, how many Balmain people have had heart attacks.
I think we all need to take a deep breath and settle down until the proof of what has happened comes out.
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It has, the independant directors were told to walk because apparently according to HBG statement themselves HBG were left out of consultations. Which is funny as 2 of the Wests Tigers board members are also HBG board members, one of which is the chair of the HBG board. Funny thing is neither of the 2 who's responsibility it is to convey things between the 2 boards was dismissed.only the independant directors. Wonder what HBG are up to. This is a real brain teaser.
 
liltiger said:
If he's expected to function like a HBG puppet by the HBG, he won't hang around. Though this Laundy talk all of a sudden, this is really starting to look a bit like Russell Crowe and
Peter Holmes Acourt Privatisation of Souths that Richo fought tooth and nail for after going at it with I think it was the Souths juniors. They eventually voted to sell Souths Richo reckons he was getting death threats from fans over it. From guys who didn't want to privatise.
Starting to look abit similar in that we also have constant boardroom upheaval because of factional fighting. I'm wondering if Richo is lobbying Laundy and the N.R.L to get a privatisation deal done. There would be plenty of ways the N.R.L could "entice" HBG to sell.
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Could only hope so.... Not like the tigers wouldn't have interested investors that could chip in with laundry...
 
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