HBG, Independent Directors Sacked

[tigertragic]

It doesnt need to be illegal. The license is a commercial contract which will have certain obligations that HBG need to maintain.

They've also obviously breached their fudiciary duty to act on behalf of HDB members too, so would run afoul of L&G. But I have no faith in a govt body. They don't want to create work for themselves.

I’m also pretty sure some poster identified the JV agreement stated ‘independent’ multiple times and a requirement for NRL approval to removal of independent directors 🤷

 

[Tiger-ferret]

PVL won’t have any power here at the end of the day. The club doesn’t have to be independent, it is financially viable and HBG can guarantee its finances. PVL can see what happens if Richo goes club is a big draw card and it needs Richo at the helm.

I’d like to see a forced sale like they do in NFL and NBA. Wests MacArthur would be the obvious choice if they are interested. Would be identical scenario to Knights after Tinkler.

My thoughts too. He’s saying the right things to give us hope.

 

[mtd#2]

There's too many pages to go through..
What were the NRL email addresses for ABDO and co ?

 

[426Tlgerland]

Less talk and all action from PVL is the only way to put these useless people in their place , they should not be near any football team , run the leagues club yes stay away from all else NRL

 

[Buttface]

Just back from my short cruise today , left Thursday so no info since , what the hell has gone on since Thursday , my take
PVL says no Balmain No Wests will return to the NRL ,and if people think they will they are in for a shock.?
NRL launch investigation into Richo , some dirty board manger or other trying to back door him or has this got merit ,?
Richo could walk tomorrow .?
Ex Manly CEO and dud in the mix for our Richo position , was this guy any good at all , I only remember negative shit .?
Bulla on dogs radar 4 year deal , is this real , if so I think he goes .
Luai on shaky ground as well ?
Any other ear news , did people March today or is it next week, sorry for all the questions it just saves me reading heaps and falling asleep to much

Please don’t holiday again you’re the glue holding the board together.

 

[Suzie-Q]

There's too many pages to go through..
What were the NRL email addresses for ABDO and co ?

I added a little to the start of cochise's template:

To whom it may concern,

As a member of Wests Tigers, and only a fan of Wests Tigers, with no allegience to either foundation club, I’m writing to express my personal concern about the governance of the Wests Tigers. In my view, the influence of the debenture holders and HBG has been damaging to the club’s stability, progress, and long-term direction, harming members, supporters, and the reputation of the game.

I ask that the NRL review the situation and intervene with HBG before further harm is done to the club or the league.

Regards,

Suzie

 

[GNR4LIFE]

I’m almost tempted to dust off my old burner account to see how the Fanatics are doing.

 

[GNR4LIFE]

The Magpie forum still a thing?

 

[cochise]

View attachment 30717

This guy isn't involved in the rally

 

[crazycat]

They were appointed to the board because they were leaders in their field, you need more than just footy heads you need other skills for a superior board to tackle other issues.

It wouldn't be Wests Tigers being hammered with a lawsuit it would be HBG, that could turn out to be a good thing they might have to sell the Tigers to afford the lawsuit.

You are probably right... But I am not certain on if it would be HBG only.

Actually that's a complex legal question, their legal team may want to sue both the WT and HBG to get a bigger compensation pool. HBG fired them from the board, but does the Board take responsibility for their firing. I know it sounds simple, but legal. Could go complex.

Maybe Denis is even personally liable?

 

[GNR4LIFE]

This guy isn't involved in the rally

Think saying it’s a guy is giving whoever posted it too much credit. More like a bot.

 

[Plato]

Richardson is expected to resign on Monday afternoon after addressing his staff, many of whom he had enticed to the club, although V’landys’s intervention at the 11th hour could change his mind.

“We are going to talk to both the independent directors and Holman Barnes,” V’landys said.

“We are certainly not happy with the instability this has caused.”

Love it that V'Landys has used the word "instability". Probably not enough reason alone to appoint administrators or cancel licences, but then he may only need to demonstrate that the HBG are not acting within the best interests of Wests Tigers, and that much is crystal clear.

 

[crazycat]

It's entirely possible. If you look at how PVL runs the comp, it becomes pretty clear that his main priority is keeping the broadcasters and the first grade clubs happy. If the broadcasters are happy, the money keeps rolling, which funds the annual grant to franchise owners, which means they don't have to kick in their own cash. Everyone with any real power is thus content, PVL keeps his job and News Corp write him up like he's a genius.

Look at Las Vegas. This is a case of the NRL using its own money to lay on bonus content for the broadcasters and simultaneously give a big fat junket to cronies in the media, sponsors and others who are in some way important for the comp to keep on side. If the money to pay for that means the NRL underfunding, say, grassroots football in Queensland, well, those under 9s don't pony up millions in sponsorship dollars or decide whether this weeks coverage is going to be complimentary or critical of the NRL. Vegas, baby!

What that all means is that PVL has no incentive at all to rock the boat with submissive club management - unless it gets to the point where other clubs or the broadcasters care about it. Obviously some clubs are closer to the inner circle - ones owned by car sales billionaires, for instance - but if others are supine and hopeless, well, why would PVL care about that?

If the clowns in charge of the Tigers couldn't run a chook raffle and are obsessed with bringing back the Magpies, V'Landys cares about exactly one of those things: making sure the Magpies obsession doesn't make the aforementioned clowns start making waves. And, to be clear, making sure the Wests Tigers are perennially uncompetitive on the field categorically does not qualify as that. As I've said before, someone has to play the Knights mid-afternoon on Saturday in the undercard for the real teams.

I suspect the upshot of this will be absolutely no more than a few more box seats and VIP treatment at the Everest for the HBG directors and V'Landys suggesting they maybe tone it down a bit with the Magpies stuff.

Tl;dr: until someone comes in and buys the licence off HBG this isn't going to change. No external agent is going to come in and force HBG to run the joint professionally.

Well said.

There is one thing we are being lied to on though.

This isn't the old Balmain vs Magpies argument. This is about Campbelltown!
Denis is objecting to the Campbelltown/Leumeah stadium upgrade. He has thrown a furfee by commenting on the Jersey and the off-orange colour, so everyone is thinking Balmain vs Magpies.

Oh no no no. This is about Ashfield and the HBG empire, its Wests Ashfield.
He wanted the massive upgrades to Concord and he got it. Then we see a 50M upgrade to Campbelltown... Follow the money.

At least I can be thankful that Denis pulled this crap in December and not September.

 

[GNR4LIFE]

This isn't the old Balmain vs Magpies argument.

It isn’t which is why it’s been disappointing to see so many cracks at the Magpies since this BS started. Like today, someone posting a pic of a dead magpie. There is a difference between the Magpies and HBG. Some people need to learn it.

 

[TigerLove]

I heard pepper money are out and we have a new sponser for next year. Apparently they said we've massively increased their revenue already and feel like they should give back to us. 🤭

 

[Odessa]

This is the disclaimer on the YT page.

⚠️⚠️Disclaimer:Aussie NRL Updates is a satire and parody channel created for entertainment and commentary purposes only. All videos use humor, irony, exaggeration, and parody to discuss and critique real-world sports topics, athletes, teams, and sporting culture. This channel does not promote misinformation, hate speech, deceptive content, harassment, or any form of harmful material.

It's actually in the main stream media about Richo over paying compies involving his son

 

[TigerBurnsy]

If what is being reported in the Australian that richo has put it to pvl that he will walk and recommend that the nrl appoint an independent administrator that is the best possible result at this stage
Hopefully PVL is trying to help us long suffering supporters
In PVL we trust

If there is anyone who can save us it’s PVL, he is probably our only hope

 

[BAGNF05]

I heard pepper money are out and we have a new sponser for next year. Apparently they said we've massively increased their revenue already and feel like they should give back to us. 🤭View attachment 30719

Gamer pea girl is already chasing royalties, take this down. Kul.

 

[Odessa]

This is the disclaimer on the YT page.

⚠️⚠️Disclaimer:Aussie NRL Updates is a satire and parody channel created for entertainment and commentary purposes only. All videos use humor, irony, exaggeration, and parody to discuss and critique real-world sports topics, athletes, teams, and sporting culture. This channel does not promote misinformation, hate speech, deceptive content, harassment, or any form of harmful material.

This is the disclaimer on the YT page.

⚠️⚠️Disclaimer:Aussie NRL Updates is a satire and parody channel created for entertainment and commentary purposes only. All videos use humor, irony, exaggeration, and parody to discuss and critique real-world sports topics, athletes, teams, and sporting culture. This channel does not promote misinformation, hate speech, deceptive content, harassment, or any form of harmful material.

 

[innsaneink]

What idiot posted that? That will do more harm than anything! 🤬🤦‍♀️

Thats the point of it
Probably originated on a magpes page