happy_tiger
Well-known member
@foreveratiger said:
Of course it matters FT
If we get the answer to this , we can solve all of the WT's problems
The real elephant in the room
- Thread starter Snake
- Start date
Of course it matters FT
If we get the answer to this , we can solve all of the WT's problems
You're both wrong…this is more of an applicable question when it comes to Wests Tigers problems.....
https://www.youtube.com/watch?v=y2R3FvS4xr4
https://www.youtube.com/watch?v=y2R3FvS4xr4
happy_tiger
Well-known member
@Geo. said:
:laughing:
Have we named the Elephant yet ??
@Magpie Magic said:
Yeah funny, leave it up to the Magpies to manage things, they really know how to run a football club. The most unsuccessful football club ever in the history of the game.
I'm an old Balmain fogey and I'd e happy playing out of Liverpool full time, no worries with that.
But you can't have the Magpies having too much say, they're hopeless.
851
Well-known member
@Chunk said:
Yeh they have no idea how to run a profitable leagues club or two, balmain on the other hand have a wonderfully successful establishment at rozelle kicking heaps of money into the club, someone has no idea.
And Cronulla by the way are the most unsuccessful club in the history of the the game on the playing field, but carry on.
GNR4LIFE
Well-known member
Don't think i've seen Chunk ever post on anything that wasn't Balmain-Wests related.
Buzz 2016 Prediction…Sunday Telecrap...
>
GO. GO-ING GO-NE
>
**Jason Taylor** and his one supporter at Wests Tigers **Marina Go**to be shown the door when changes are made to the board in March. Balmain will get their two votes back if they find $2 million to retain their share of the joint venture if not, Wests will buy their shares and take complete control of the Club. Let's hope we've heard the last of her bragging about "locked out " fans....
Hmmm so much wrong here it's hard to know where to start.....
>
GO. GO-ING GO-NE
>
**Jason Taylor** and his one supporter at Wests Tigers **Marina Go**to be shown the door when changes are made to the board in March. Balmain will get their two votes back if they find $2 million to retain their share of the joint venture if not, Wests will buy their shares and take complete control of the Club. Let's hope we've heard the last of her bragging about "locked out " fans....
Hmmm so much wrong here it's hard to know where to start.....
Byron_Bay_Fan
New member
Hmmm so much wrong here it's hard to know where to start…..
Well you could try at the beginning..... we still have plenty of time to fill in before first game in real comp
Well you could try at the beginning..... we still have plenty of time to fill in before first game in real comp
diedpretty
Well-known member
@Geo. said:
What will happen with the current board come March - with either Balmain re back or selling to either Wests or another buyer, I would think whoever owns the Tigers will want to rejig the board. I only ask because i'm not really up on corporate governance.
@diedpretty said:
As to Buzz's Prediction..For a start Balmain owe 4mill to get back in and ownership and governance are are 2 separate beasts to change the current Board structure would require a new Constitution and NRL deed to be executed…just as it was for the NRL bail-out..whoever take over Balmain's share will simply take those 2 seats...the three independents will remain unless a new Constitution and NRL deed is struck....Unlikely as it was the old board who went to the NRL for structure guidance...Given the way the Club has been run in the past I would also doubt the NRL would agree to a new NRL deed with Wests Tigers without some sought of independent board...whether or not the current 3 independents remain on the Board is up for debate none the less the the 3 independent directors will remain part of the Board structure whoever have ownership...
you can read it for yourself here...· September 17, 2014 — New Shareholders Agreement, NRL Deed and Wests Tigers Constitution executed. New seven person Board structure — three Independents, two Balmain Nominees, two Wests Nominees.
September 25, 2014 — Balmain moved into Funding Default and became Unfinancial Shareholder as unable to meet Funding Amount included in Shareholders Agreement. NRL Loan provided to Balmain to cover this funding shortfall.
http://www.weststigers.com.au/about/shareholder_summary_.html
Tiger_Watto
New member
Obviously if Wests buy the shares, a board meeting would be called and they would more than likely appoint a chairman from Wests Group ASAP.
@Tiger Watto said:
Robbie Farah…?
Tiger_Watto
New member
Go just clarified on twitter the Chair must be an Independant Director.
Byron_Bay_Fan
New member
@Geo. said:
I would love to see that - he will make the non-tacklers walk on egg shells after every loss. another Captain Bligh - their bonus and rum allowance will only be for the lifters.
diedpretty
Well-known member
@Tiger Watto said:
Was it just a coincidence that we were discussing the makeup of the board come March and in particular the chairperson and Marina Go twittered or does she diligently follow the wise words on this forum.
