HBG, Independent Directors Sacked

[cochise]

Then, how do you get them to understand that?

Hopefully the new/old board members are good at showing areas of deficiency.

The rally is the start

 

[weststigers]

It's not enough, we are pretty much back to where we were before the review. We need an independent majority.

THIS IS THE MAJOR ISSUE PEOPLE

it's why the review was demanded in the first place.

 

[The Chad]

Could you explain to me, what are the names of the people that own Holman Barnes Group please?

No I cannot.

Can you explain why everywhere you see Wests Ashfield or Wests Tigers written about- they refer to the majority owners being HBG?

 

[Tom Shines]

I wasn't.

I was putting forward a different view & asking questions.

And this horrible week for them has resulted in a majority board membership & the removal of the CEO they appear to have wanted gone.

That doesn't seem like a loss.

Now, what is just beginning that you are alluding to?

48 hours ago they had a unanimous board ….

The fans won’t cop them in control of this team … let’s see what happens

 

[Telltails]

So are you marching or not ?

Yep. I'm not satisfied with this outcome.
They got a slap on the wrist by PVL - no way they rehire OFarrell and the independents unless they were forced to. But increasing the size of HBG's representation -( makes sense if the governance structure was performance and skilled base - )but we know what we get and keep and so I can't support more of the same by not showing up to the march on the back of the latest development.

 

[The Chad]

So are you marching or not ?

Is it a march? Or a gathering? Or a rally? Where are you marching to? Have the streets been blocked off?

 

[hank37w]

I am confident now that something like this will not happen again because they can see what the ramifications are,” V’landys said

How can it happen again?

HBG can just go on their merry way and do what ever they want with their majority, no need to sack any of the independents because they now effectively have no power and no say to do anything.

If anything, I can see independents walk away frustrated knowing they can do very little.

 

[Tom Shines]

Yep. I'm not satisfied with this outcome.
They got a slap on the wrist by PVL - no way they rehire OFarrell and the independents unless they were forced to. But increasing the size of HBG's representation -( makes sense if the governance structure was performance and skilled base - )but we know what we get and keep and so I can't support more of the same by not showing up to the march on the back of the latest development.

I’m not satisfied either … so we continue

 

[TigerBurnsy]

Why hasn’t Richo been offered his job back if the independent’s and big bad Barry are coming back?

Chammas said the nrl has no desire to get richo back, but im not sure what bridges he burnt

 

[Tom Shines]

Is it a march? Or a gathering? Or a rally? Where are you marching to? Have the streets been blocked off?

Stop bleating

 

[Fraze23]

It's not enough, we are pretty much back to where we were before the review. We need an independent majority.

We're in a worse position than before, now HBG hold majority on the Wests Tigers board. HBG must go. The club needs one owner.

 

[The Chad]

The rally is the start

Are the new board members turning up? Anyone from HBG?

 

[Merlot]

I admire that you still have hope

a 1/2 glass full is better than none

 

[Fraze23]

Idk, I’ve seen a lot of posts to the contrary lately. People saying the club should be bought when it’s not even for sale.

Who is it owned by though? A bunch of dinosaurs who hold a $100 debenture and won't relinquish any control?

I get the club not being for sale line. But I'm not okay with it being controlled by a small group that aren't accountable to anyone other than themselves.

 

[Tom Shines]

Chammas said the nrl has no desire to get richo back, but im not sure what bridges he burnt

Chammas said 48 hours ago said it was all over and HBG had won

 

[The Chad]

How can it happen again?

HBG can just go on their merry way and do what ever they want with their majority, no need to sack any of the independents because they now effectively have no power and no say to do anything.

If anything, I can see independents walk away frustrated knowing they can do very little.

Then why would the independents come back at all? Doesn't that seem strange? They must know what they are stepping into.

 

[happy_tiger]

Why hasn’t Richo been offered his job back if the independent’s and big bad Barry are coming back?

I'm guessing Richo is the fall guy and the actual target in this whole mess

 

[GNR4LIFE]

I'm guessing Richo is the fall guy and the actual target in this whole mess

And Marshall will be laughing all the way to the bank. Who’s his manager? He’s not the one behind all of this is he?

 

[Tom Shines]

Lead on Ulysses S Grant.

Will do Marshall Petain

 

[weststigers]

No I cannot.

Can you explain why everywhere you see Wests Ashfield or Wests Tigers written about- they refer to the majority owners being HBG?

Thought experiment.

If the Australian government owns something. Does the government own it? Or the people just give whoever is in government the power to administer it?

If the government was mismanaging that asset, and you couldn't vote the government out, would your stance be the same?

The principles you are basing everything on is simply ownership related to name on title. The second layer to that, which you never address, is how ownership and control differ depending on the type of structure used to incorporate.

I'd agree with you while heartedly if it was a privately owned entity, but it's not in this case here.