HBG, Independent Directors Sacked

[weststigers]

Do you trust PVL or not ?

I don't trust HBG. Do you?

 

[innsaneink]

Hope you're doing ok Boss

Cheers Chad still kickin

 

[tigertragic]

So it is starting to sound like HBG were after maybe 2 things to happen-

Either control or an even split of control on the board (I think the 3rd/4th independent board member needs some clarification)

Secondly- the removal of Shane Richardson.

Call them whatever you want, say whatever you like, but an 'owner' wanting a 51% say, or even a 50% say in the running of the club doesn't sound ridiculous

It would seem that Richo was the/a target. Interesting that the NRL left him out of the negotiation.

I hope the new CEO is a good one- I'm thinking Mielekamp is looking likely.

I would also hope that a 4th board member gets added to balance the control. Maybe the weird introduction of Benny Elias from nowhere plays into a board position?

None of this is confirmed, but pieces are falling into place and the smoke is clearing somewhat now.

A competent owner wanting control is not unreasonable, but HBG has shown that isn’t them over an extended period. PVL said they could have gone further. He should have.

“Call them whatever you want, say whatever you like, but an 'owner' wanting a 51% say, or even a 50% say in the running of the club doesn't sound ridiculous”

 

[The Chad]

Madness

5 x HBG
1 x Balmain
3 x Independent
9 Total

How does this solve the issue? Did PVL think we were worried about changing the name? Did he think we were mad because we loved BOF?

It's just so random.

Almost feels like we need some answers to fully understand what is going on

 

[weststigers]

Yep HBG now in control of the WT board, bot what the independent review recommended.

Now need a HBG member who is a woman, that is fine, happy to have extra females on the board, but I wonder who that could be? *begin sarcasm* Do we happen to know any female debenture holder who is female? Hmmm. *end sarcasm*

Simple and easy solution to all of it: A fully independent board, and HBG out.

Saturday cannot come soon enough, let out voices be heard.

Is this serious? About having a woman? We had one and they sacked her?

 

[Merlot]

just think PVL is giving them enough rope to hang themselves -

 

[Rock Hopper Steve]

Seen that trick before - he just reinstated himself a little bit later through a different avenue….

Bloke isn’t even a flea - he’s a tick.
Sucking on the life blood of the club for survival.

Shows you the intelligence of those goons, any other organisation would have shafted him years ago.

 

[cochise]

Am I having a brain fart or is the board going from 7 to 9 members

Yes

 

[The Chad]

Yes ..I’ll be raging on with thousands of others on Saturday … next week you will still be here still trying to be a cuck for these dopes..

This fight is just getting started

You're so worked up you are not even trying to work out why this new board set up has happened.

The NRL stepped in.

And this is the result.

Every insult, every trope about HBG being idiots...the NRL just disagreed. Why?

What are we not seeing?

 

[Tom Shines]

Almost feels like we need some answers to fully understand what is going on

It wouldn’t help you

 

[Tom Shines]

You're so worked up you are not even trying to work out why this new board set up has happened.

The NRL stepped in.

And this is the result.

Every insult, every trope about HBG being idiots...the NRL just disagreed. Why?

What are we not seeing?

I’ve told you … this is not the end …it’s the beginning…

Are you still waiting for more evidence to justify HBG’s decision to remove the independents?

 

[GNR4LIFE]

Looks like the only winner to come out of this will be Benji.

 

[weststigers]

Almost feels like we need some answers to fully understand what is going on

I guess it depends how one's brain works.

In India, they play in cow dung because the cow is sacred. Do I need to wait for answers to fully understand what's going on?

 

[The Chad]

When has anyone been able to put in an offer, they just won't let go even after it's clear they don't have the smarts to run it.

People can make an offer at any time.

Just have to find someone to offer enough to make them look.

These debenture holders want their returns at some point, right?

 

[Harvey]

Let us know how it goes

Just got off the phone with him. Seemed genuine.

Explained that I have no problem with the club, my problems are solely with the dysfunctional HBG board making decisions. The lack of stability and infighting in that group directly impacts on employment, decision making and direction in the club. Today's announcement doesn't change anything as the HBG leaders making that decision will likely be gone & banned in 6 months anyway, when they turn on themselves.

He did say within the building things are strong and the team are unified & buoyed by the fans passion around recent events and do not feel any anger directed towards the team.

Current refund policy obviously does not cover the recent upheaval, they are reviewing the policy and expect to be done by February, at which point they will come to members.

 

[Merlot]

Almost feels like we need some answers to fully understand what is going on

answers from whom ? what /who will wake you from your slumber

 

[weststigers]

So it isn’t a positive three sacked directors are back ?

In isolation yes. It's positive, but from a power standpoint we have gone backwards because HBG control the board.

We went from an independent majority board to an HBG board that includes some independents.

 

[Craegus]

Is this serious? About having a woman? We had one and they sacked her?

It was in the article. And there is still one there, maybe not on the board, but a debenture holder what has a husband who is in a high place right now.

 

[The Chad]

A competent owner wanting control is not unreasonable, but HBG has shown that isn’t them over an extended period. PVL said they could have gone further. He should have.

“Call them whatever you want, say whatever you like, but an 'owner' wanting a 51% say, or even a 50% say in the running of the club doesn't sound ridiculous”

Every owner believes they are competent.

Every leader thinks they are doing the right thing.

Every villain is convinced they are the hero.

They are the majority owners. They think they are doing the right thing.

 

[Tom Shines]

In isolation yes. It's positive, but from a power standpoint we have gone backwards because HBG control the board.

We went from an independent majority board to an HBG board that includes some independents.

So this is it hey ? The end ? Should we bother to show up on Satiurday ?