WT and Balmain Debt Article

[system]

In a suprise to nobody I am sure this thread is spiralling downward. Let's at least try to look at the article on it's merits rather then dredging the past.

We need clarity in our funding model. At this stage the Balmain portion has stuck to the agreement made and stumped up the first payment so they in fact are at an even ledger right now.

The next issue is the second payment requested (I assume to get rid of the Sheens cloud for good). Will wait and see where that goes.

Looking forward there is going to be another, pretty large, funding shortfall the way our season is progressing so that is the next big issue on the horizon.

IMHO there should be a meeting organised with the NRL. If the Sharks can bilk millions upon millions of dollars over the years I think it is reasonable to propose a funding security in order to take 6 games a year to the south west. Because the simple fact is the crowds have not been there this year and it would be financial suicide to do it on our own.

Back to the immediate. I would be fine with the proposal given one caveat. Nobody from the Wests Football Club should ever be allowed to hold the Chairman position. Wests Ashfield is a business in the market for success and profit and that in itself will guarantee the split of games in the Sydney basin fairly similar to what it is now because they would not want to take or underwrite the financial failings of a 100% South West move. They are comfortable with our current training set up and want the team to succeed because it means working towards a zero drain from their shares in the WT asset.

Anywho, have a good Sunday peeps

 

[simonthetiger]

I always love this line "Western Suburbs Magpies moved to Campbelltown 26 years ago for the growth of rugby league".

What rot…..u moved there to save ur arse.Just like when you merged with us.

Stop trying to make out that there was some kind of glorious move to expand rugby league into the nether regions of the universe.

 

[simonthetiger]

In a suprise to nobody sure this thread is spiralling downward. Let's at least try to look at the article on it's merits rather then dredging the past.

We need clarity in our funding model. At this stage the Balmain portion has stuck to the agreement made and stumped up the first payment so they in fact are at an even ledger right now.

The next issue is the second payment requested (I assume to get rid of the Sheens cloud for good). Will wait and see where that goes.

Looking forward there is going to be another, pretty large, funding shortfall the way our season is progressing so that is the next big issue on the horizon.

IMHO there should be a meeting organised with the NRL. If the Sharks can bilk millions upon millions of dollars over the years I think it is reasonable to propose a funding security in order to take 6 games a year to the south west. Because the simple fact is the crowds have not been there this year and it would be financial suicide to do it on our own.

Back to the immediate. I would be fine with the proposal given one caveat. Nobody from the Wests Football Club should ever be allowed to hold the Chairman position. Wests Ashfield is a business in the market for success and profit and that in itself will guarantee the split of games in the Sydney basin fairly similar to what it is now because they would not want to take or underwrite the financial failings of a 100% South West move. They are comfortable with our current training set up and want the team to succeed because it means working towards a zero drain from their shares in the WT asset.

Anywho, have a good Sunday peeps

Yeppity…I will x2 all of that.

:smiley:

 

[happy_tiger]

I wasn't backing Ink up i was pointing out your obvious, baseless paranoia

Fine …did you go back and read the article then?
Would not the paranoia be coming from the Wests side who have the 'perception' that WestsTigers are 'seen' as Balmain?
:deadhorse:

Maybe the FACT that WT is perceived or portrayed externally as Balmain…

I.e. Ray Warren calling WT Balmain multiple times in a call in Round 3 this year vs parra or Warren Ryan calling WT Balmain on ABC radio or the NEW Unified WT nsw cup team being called Balmain on scoreboards and match guides - 13 years since WT was formed and they are still (carelessly or intentionally) being referred to as Balmain. Not to mention the fact that WT is referred to as just "The Tigers" 90% of the time - just like Balmain. Chuck in the 4 games at Campbelltown also.

Of course original magpie fans get peed off with such ignorance and imbalance from the media and others.

_Posted using RoarFEED 2013_

Works both ways ,Wok ,David Morrow and the team were calling The WT's Wests or the Magpies during the heritage game v Saints recently

 

[diedpretty]

In a suprise to nobody I am sure this thread is spiralling downward. Let's at least try to look at the article on it's merits rather then dredging the past.

We need clarity in our funding model. **At this stage the Balmain portion has stuck to the agreement made and stumped up the first payment so they in fact are at an even ledger right now.**
The next issue is the second payment requested (I assume to get rid of the Sheens cloud for good). Will wait and see where that goes.

Looking forward there is going to be another, pretty large, funding shortfall the way our season is progressing so that is the next big issue on the horizon.

IMHO there should be a meeting organised with the NRL. If the Sharks can bilk millions upon millions of dollars over the years I think it is reasonable to propose a funding security in order to take 6 games a year to the south west. Because the simple fact is the crowds have not been there this year and it would be financial suicide to do it on our own.

Back to the immediate. I would be fine with the proposal given one caveat. Nobody from the Wests Football Club should ever be allowed to hold the Chairman position. Wests Ashfield is a business in the market for success and profit and that in itself will guarantee the split of games in the Sydney basin fairly similar to what it is now because they would not want to take or underwrite the financial failings of a 100% South West move. They are comfortable with our current training set up and want the team to succeed because it means working towards a zero drain from their shares in the WT asset.

Anywho, have a good Sunday peeps

I don't think they are at an even ledger smeghead - the article was written on 18th April and states the compromise Balmain put forward was the payment of arrears and a further $250,000 from both parties within 2 weeks - obviously the writer is not going to know whether that contribution from both parties has been made - it would be interesting to know if either party has put up their share at thi stage.

Balmain countered with a compromise proposal that both clubs contribute $250,000, plus Balmain pay the outstanding $160,000, with the sums to be advanced within 14 days.

 

[simonthetiger]

Yeah…...Balmain countered with a 250k proposal which Wests rejected.

They paid the 160 outstanding.....

Slate clean.

 

[innsaneink]

The sad thing is the only people interested in doing what the current fossils on the board are doing - have the same outdated, insular biased views….so nothing will change imo even when all the current board are replaced thru natural causes.

The structure that heads wests tigers needs to change....we really need a neutral independant body governing and making decisions in the best interests of WTs...and preferably Balamin and Wests JRLs....its probably pie in the sky- dreaming stuff - but I do know the current crap isnt cutting it....its holding us back greatly....much like the same petty arguments here that always raise thier heads....

I think we need a forum sub-section called the Museum - for all the fossils and their boring repetive whinges

 

[wtfl1981]

Merged with 'Us' - are we all not WT fans here?

The Future growth is the South west of Sydney. If Wests did not move to Campbelltown then they may have dropped out like newtown. That would have meant no WT as we know it today.

Back to the article. The structure needs to be simplified for the better of WT. If Ashfield wipe there hands of WT then the club would be on shaky grounds.

WT should be the strongest club in Sydney..

- 3 leagues clubs (rozelle, ashfield,ctown)
- 2 original fans bases (should mean double the crowds and massive membership)
- 3 junior areas (balmain, wests, group 6)
- established structures (compared to a newer club like gold coast or melbourne)
- history and tradition back to 1908
- popular merchandise sales

Yet we on paper we have very poor membership, a debt ridden half owner, 3 home grounds, mixed branding models and an general identity crisis. Thats just off the field.

Things must get better.

_Posted using RoarFEED 2013_

 

[simonthetiger]

I think we need a forum sub-section called the Museum - for all the fossils and their boring repetive whinges

x2\. :smiley:
\
\
And you would chair it…....you are the king of petty,and boring repetetive whinges.
:laughing:

 

[Gary_Bakerloo]

I always love this line "Western Suburbs Magpies moved to Campbelltown 26 years ago for the growth of rugby league".

What rot…..u moved there to save ur arse.Just like when you merged with us.

Stop trying to make out that there was some kind of glorious move to expand rugby league into the nether regions of the universe.

There was an issue of self preservation for Wests, but it did solve a problem for the NRL (or NSWRL at the time). The Bradley report stated there were too many teams in Sydney and the NSWRL needed to solve it. The Sydney market was inefficient with the large number of clubs. In these instances, you either force an organisation out of the market or let market forces do it for you. This was what occurred in the instance of Newtown and too a lesser extent Wests in 1983\. Wests however had the financial strength to fight and survive, but on the condition they move out of Lidcombe. You are right, it was not completely altruistic by Wests as they preserved their club, but it was the start of rationalisation desperately needed by the game. The same applies to North Sydney. They saw an opportunity in Gosford and again, assisted with the rationalisation of the game. They paid an even higher cost than Wests for their relocation away from the inner city.

Rationalisation still continues today and the administration has a record of using market events to improve the efficiency of the game. I am convinced Cronulla is in the cross hairs with the ASADA investigation. Cronulla can make all the changes in the world with their board, but in the end, the NRL will be making decisions for them regarding whether they remain in their current existence, relocate or collapse.

With regard to the merger, well it may have saved Wests, but despite what Masters writes, I never remember the Wests Group defaulting on a payment to the joint venture. If Balmain took on additional burden in the early years, then Wests are returning the favour. I hope you remember Masters' previous article on this topic - he was clear that the Wests Group view Balmain as a natural partner being a foundation club and neighbour. By his reporting, the Wests Group want to continue to support Wests Tigers and want Balmain to share the journey. In the end however, Wests Tigers, Balmain and The Wests Group are businesses and eventually market forces will dictate the future of the club. That is the market environment of 2013, not 1999 when the JV was created.

 

[Gary_Bakerloo]

Slate clean.

….for now.

 

[happy_tiger]

Merged with 'Us' - are we all not WT fans here?

The Future growth is the South west of Sydney. If Wests did not move to Campbelltown then they may have dropped out like newtown. That would have meant no WT as we know it today.

Back to the article. The structure needs to be simplified for the better of WT. If Ashfield wipe there hands of WT then the club would be on shaky grounds.

WT should be the strongest club in Sydney..

- 3 leagues clubs (rozelle, ashfield,ctown)
- 2 original fans bases (should mean double the crowds and massive membership)
- 3 junior areas (balmain, wests, group 6)
- established structures (compared to a newer club like gold coast or melbourne)
- history and tradition back to 1908
- popular merchandise sales

Yet we on paper we have very poor membership, a debt ridden half owner, 3 home grounds, mixed branding models and an general identity crisis. Thats just off the field.

Things must get better.

_Posted using RoarFEED 2013_

More doesn't necessarily mean better , just more to worry about and more to spend on and more to maintain

 

[Abraham]

I wasn't backing Ink up i was pointing out your obvious, baseless paranoia

Fine …did you go back and read the article then?
Would not the paranoia be coming from the Wests side who have the 'perception' that WestsTigers are 'seen' as Balmain?
:deadhorse:

Maybe the FACT that WT is perceived or portrayed externally as Balmain…

I.e. Ray Warren calling WT Balmain multiple times in a call in Round 3 this year vs parra or Warren Ryan calling WT Balmain on ABC radio or the NEW Unified WT nsw cup team being called Balmain on scoreboards and match guides - 13 years since WT was formed and they are still (carelessly or intentionally) being referred to as Balmain. Not to mention the fact that WT is referred to as just "The Tigers" 90% of the time - just like Balmain. Chuck in the 4 games at Campbelltown also.

Of course original magpie fans get peed off with such ignorance and imbalance from the media and others.

_Posted using RoarFEED 2013_

You neglected to mention ABC radio calling us the magpies about 20 times during the dragons match… Since we are being nit-picking old women and all.

_Posted using RoarFEED 2013_

 

[system]

I think we need a forum sub-section called the Museum - for all the fossils and their boring repetive whinges

x2\. :smiley:
\
\
And you would chair it…....you are the king of petty,and boring repetetive whinges.
:laughing:

Suck it up simple Simon. You no longer have anything. Go the magpies.

_Posted using RoarFEED 2013_

 

[tigerbalm]

Can't believe you blokes have the audacity to compare the odd magpie slip at a magpie heritage round to the bombardment of balmain references the wt fan is fed up every week.

Either way, judging by the designs of next year home jersey I expect a few balmain fans will start to get what ex magpie fans have felt for the better part of a decade. Expect plenty of " needs more orange " threads.

_Posted using RoarFEED 2013_

 

[Abraham]

Can't believe you blokes have the audacity to compare the odd magpie slip at a magpie heritage round to the bombardment of balmain references the wt fan is fed up every week.

Either way, judging by the designs of next year home jersey I expect a few balmain fans will start to get what ex magpie fans have felt for the better part of a decade. Expect plenty of " needs more orange " threads.

_Posted using RoarFEED 2013_

Audacious? lol

wrfl1981 has that same post saved on his computer so he can trot it out 5 times a day. You know, that one about the small magpie, being called tigers instead of wests, the one off scoreboard mix-up, too much orange on the jersey, training at concord instead of cambo…

But it's me being audacious? Give yourself a triple.

_Posted using RoarFEED 2013_

 

[simonthetiger]

Audacious? lol

wrfl1981 has that same post saved on his computer so he can trot it out 5 times a day. You know, that one about the small magpie, being called tigers instead of wests, the one off scoreboard mix-up, too much orange on the jersey, training at concord instead of cambo…

But it's me being audacious? Give yourself a triple.

_Posted using RoarFEED 2013_

Glad someone else noticed.

 

[simonthetiger]

Either way, judging by the designs of next year home jersey I expect a few balmain fans will start to get what ex magpie fans have felt for the better part of a decade. Expect plenty of " needs more orange " threads.

_Posted using RoarFEED 2013_

I like the black jersey.

Less white,more black is good.

 

[tigerbalm]

Can't believe you blokes have the audacity to compare the odd magpie slip at a magpie heritage round to the bombardment of balmain references the wt fan is fed up every week.

Either way, judging by the designs of next year home jersey I expect a few balmain fans will start to get what ex magpie fans have felt for the better part of a decade. Expect plenty of " needs more orange " threads.

_Posted using RoarFEED 2013_

Audacious? lol

wrfl1981 has that same post saved on his computer so he can trot it out 5 times a day. You know, that one about the small magpie, being called tigers instead of wests, the one off scoreboard mix-up, too much orange on the jersey, training at concord instead of cambo…

But it's me being audacious? Give yourself a triple.

_Posted using RoarFEED 2013_

Yup.The fact you would bother bringing up one example from a match that was played to celebrate a game between the magpies and saints compared to a decade of " media" and club oversights is just stupid. Are you stupid? How does a stupid person answer that…lets wait an see.

_Posted using RoarFEED 2013_

 

[diedpretty]

Yeah…...Balmain countered with a 250k proposal which Wests rejected.

They paid the 160 outstanding.....

Slate clean.

I know you hate the Wests side of this merger but your bias is becoming embarressing - where in the article does it say Wests rejected the compromise that Balmain put forward. From my reading it says Wests queried Balmains ability to meet the compromise they put forward but in no way rejected it.