It took so long to develop that probably the value of everything has changed..
It's time to take the fight back to HBG
- Thread starter balmain boy
- Start date
mtd#2
Well-known member
Wouldn't that all be factored into the contracts?
LukeyTuiaki
Well-known member
HBG being tight and not wanting to investment in something, instead doing the cheaper short term option of renting? This seems out of character for this Group, have shown much more foresight and strategic ability previously…
Joel Helmes
Well-known member
It’s almost like they aren’t really totally invested in a Balmain Leagues Club. Hmm 🤔
So is it supposed to be a
Wests Tigers Leagues Club....or another Balmain Leagues?
Because the latter sounds like another step backwards...
Wests Tigers Leagues Club....or another Balmain Leagues?
Because the latter sounds like another step backwards...
Honkylips
Well-known member
If its not finacial viable then HBG should walk away. Why would you do anything else?
Honkylips
Well-known member
Or the goalposts have changed and they are re-crunching numbers. Would you buy property that isnt worth the price its being sold for?
Joel Helmes
Well-known member
They are well within their rights to walk away completely, I’m not fussed.
426Tlgerland
Well-known member
HBG have been going along with out the new club so maybe they think they don’t need it , besides rent it would cost a truck load to set the club up ready to trade , or if they buy it you add the cost of it plus set up , would be millions of dollars , I think they walk
Of note here;The developer of Rozelle Village has been warned it will be in breach of NSW government approval conditions if it fails to deliver a Wests Tigers leagues club as promised within the $285 million mixed-use complex.
Construction of the housing and retail project is under way at the location of the former Balmain Leagues Club on Victoria Road, where the Tigers team starring Benji Marshall celebrated their grand final victory in 2005, joined by thousands of jubilant fans.
Wests Tigers supporters Ruby Thoroughgood, Joanne Dover and their dog Turbo across the road from the Rozelle Village construction.Steven Siewert
As Perifa denies playing hardball over the terms of a lease agreement, Inner West Mayor Darcy Byrne has put it on notice, concerned the venue may be scaled back or taken away from the Tigers.
In a letter to the developer, seen by this masthead, he said only Wests Ashfield Leagues Club, which is operated by Holman Barnes Group, could occupy the floor space for a registered club on the site.
“This long-awaited new club for Wests Tigers supporters and the community is not an optional extra. For more than 15 years the local community has fought to ensure a club for Wests Tigers supporters remained at the heart of this redevelopment,” Byrne said.
The development of the former Balmain Leagues Club site is due to be completed by 2028.Steven Siewert
“Having fought so long for this club to be delivered, we simply will not allow it to be taken away at the last moment.”
Balmain Leagues Club closed in 2010 and was left vacant and dilapidated for a decade-and-a-half amid a series of false starts before the state-significant development was approved last year.
The redevelopment is due to be completed in 2028, about the same time as a $40 million renovation of Leichhardt Oval is scheduled to be finished.
Byrne said the opening of a Tigers leagues club and the update of one of their spiritual home grounds could be a renaissance for the team in the inner west “and we refuse to let that opportunity be wasted”.
Holman Barnes Group, which owns 90 per cent of the Tigers and holds the balance of power on the Tigers’ board, remained “committed to returning a registered club back to the site of the old Balmain Leagues Club”, chief executive Daniel Paton said.
But other sources with knowledge of discussions, speaking on the condition of anonymity, said Perifa had been trying to command commercial rates for the club, and Holman Barnes Group had been stonewalled to the point it was almost untenable.
Contacted on Tuesday, Perifa co-founder Fabrizio Perilli said Byrne was “jumping at shadows” and there had been “no hard-nosed commercial negotiation”.
He said he was waiting to hear back from the Tigers’ owners about whether they wanted to buy the space set aside for the leagues club, or lease it.
An artist’s impression of the Rozelle Village development.Perifa Group
“We need to deliver a registered club. That’s our obligation,” Perilli said. “The Balmain Leagues Club has a historical and heritage connection to the site, which is really important to us. We recognise and respect that.
“[Holman Barnes Group] will either be a tenant or an owner. They’ve got to make a decision. Our preference is that they buy.”
In addition to the club, Rozelle Village will feature 227 apartments and 59 affordable homes in three towers between 14 and 16 storeys, as well as a supermarket and public plaza.
Perifa is embarking on the development after in January being named as the first beneficiary of a $1 billion NSW government scheme to guarantee pre-sales of thousands of new apartments.
A $100 million gaming and dining empire, Holman Barnes Group emerged from the Western Suburbs Magpies side of the Tigers’ joint venture as its main financial backer.
It has also taken an interest in sports other than rugby league, assuming control last week of the Central Coast Mariners team that competes in soccer’s women’s A-League.
What was the site of the original Balmain Tigers Leagues club , Victoria Road - Rozelle
Which was relinquished by Balmain and effectively became the Rozelle Village debacle from 2010 up till now
As mentioned had a space set aside for a "Tigers Leagues Club" as part of the terms of development
However that space will be owned and controlled by Wests Ashfield ie; Western Suburbs Leagues club (syn Holman Barnes Group). Effectively leaving Balmain Tigers firmly pegged in a corner with a 10% share in the joint venture, even IF another club is established (and generates income) on the site of their old leagues club
..
An unfortunate situation in terms of ... Having a "Tigers leagues club" again not really meaning anything in terms of shifting the balance of power in the JV...
