Dude it's been explained thousands of times in multiple different ways.
The truth is they believe the debenture holders give them comfort that the Magpie will be protected and a Magpie agenda pushed where possible. It's the only thing that matters to them.
They genuinely think unrest against HBG is Balmain driven and not driven by WT fans on the merits of their poor leadership.
For them, time hasn't moved from 1999. The world they live in only includes Balmain and Wests fans....they cannot imagine a world that includes a WT fan.