@happy tiger said:@wtfl1981 said:If Balmain cannot re-pay debt within 2 years, Wests group (Ashfield) have first and last right to 'buy out' all or majority of Balmain's share in WT Pty Ltd.
Hence 'most likely' majority owner of WT in next few years.
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Question WTFL ??
If the most likely happens , would they also buy out Balmains voting rights on the WT's board ??
( and this isn't reason to start a 19 page fight over the Balmain v Wests garbage )
Yes they will. 3 x NRL independents will also be in place. Effectively, Balmain FC will no longer part WT.
I will make it very clear: Majority Ashfield ownership DOES NOT mean WT dissolves or that WT reverts to Wests Magpies. WT is here to stay, ownership likely to change.
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