WT & NRL to halt board room drama

[wtfl1981]

From DT 5/12/13

Article does not seem to explain anything new..

THE Wests Tigers are working with the NRL in a bid to alleviate the boardroom ructions that have continually threatened the stability of the joint-venture club.

According to a statement released by the NRL on Thursday, the Tigers are ``undertaking a major restructure to resolve long-term issues in the club shareholding as well as a restructure of business operations''.

The Tigers were reportedly struck by financial difficulties this year, compounded by their disastrous season on the field.

Tigers chief executive Grant Mayer said the club accepted the need to make change.

``It has been a challenging process,'' Mayer said.

``We are all having to accept some change along the way … and the NRL has been a really important part of the progress that is being made.

``It brings in a level of support that can make a real difference to an individual club.''

_Posted using RoarFEED 2013_

 

[happy_tiger]

From DT 5/12/13

Article does not seem to explain anything new..

THE Wests Tigers are working with the NRL in a bid to alleviate the boardroom ructions that have continually threatened the stability of the joint-venture club.

According to a statement released by the NRL on Thursday, the Tigers are ``undertaking a major restructure to resolve long-term issues in the club shareholding as well as a restructure of business operations''.

The Tigers were reportedly struck by financial difficulties this year, compounded by their disastrous season on the field.

Tigers chief executive Grant Mayer said the club accepted the need to make change.

``It has been a challenging process,'' Mayer said.

``We are all having to accept some change along the way … and the NRL has been a really important part of the progress that is being made.

``It brings in a level of support that can make a real difference to an individual club.''

_Posted using RoarFEED 2013_

Confirmation we have accepted the NRL lifeline

 

[Spartan117]

I'll take it.

For me and mine I cant wait till this generation lets go and allow those like my 4 cubs who know nothing of the two pre merger clubs.

Heres to the future.

 

[pHyR3]

"Article does not seem to explain anything new.."

"from DT"

that's a surprise….

 

[magpiecol]

I'll take it.

For me and mine I cant wait till this generation lets go and allow those like my 4 cubs who know nothing of the two pre merger clubs.

Heres to the future.

You should explain to your "cubs" where the Weststigers came from. It's called history.

 

[cqtiger]

I'll take it.

For me and mine I cant wait till this generation lets go and allow those like my 4 cubs who know nothing of the two pre merger clubs.

Heres to the future.

You should explain to your "cubs" where the Weststigers came from. It's called history.

Totally agree Col, in fact it hit home with me recently looking for xmas presents. I was looking at dvds and I saw the Essential Wests Tigers. It had a couple of normal season games from the early years and a couple of semi final games from a few years ago. No GF either.

When I browsed a few other clubs they had some very early games (60's etc).

I just thought that OK ,we are now the wests tigers but we are a merged entity from Balmain & western suburbs. So why not put a couple of earlier games of those onto a disc as well.

Don't get me wrong, I'm an avid Wests Tiger now - but I like our history, both sides of it.

Nuff said

_Posted using RoarFEED 2013_

 

[LaT]

Definitely need to accept the one club and move forward.

But no one has ever, and will ever suggest completely forgetting where we came from.

Its ludicrous to think we can continue with our current board structure.

 

[Magpie_Magic]

Definitely need to accept the one club and move forward.

But no one has ever, and will ever suggest completely forgetting where we came from.

Its ludicrous to think we can continue with our current board structure.

Well that article did say something new which people on this forum said wasn't happening a few weeks back.

What's this business about changing shareholders structure?

 

[system]

Shareholder structure has to change to allow the new board members.

That is my take on it

 

[Magpie_Magic]

So the foundation clubs have a diluted stake.

So we the supporters and the foundation clubs created a successful popular identity so the NRL can now move in and take a permanent stake all because Balmain Leagues sadly was mismanaged and went broke.

Just wondering how much further diluted our shareholding will become if we dont pay our debts or if private backers move in?

Not good.

 

[VanillaThunder]

So the foundation clubs have a diluted stake.

So we the supporters and the foundation clubs created a successful popular identity so the NRL can now move in and take a permanent stake all because Balmain Leagues sadly was mismanaged and went broke.

Just wondering how much further diluted our shareholding will become if we dont pay our debts or if private backers move in?

Not good.

Successful is a bit optimistic. Popular? Sure, but it's the boardroom politics which is preventing the club from becoming a truly successful entity. We've taken NRL assistance in an effort to become viable in the long-term, not them muscling their way in to a "successful popular identity". Take the rose-tinted glasses off and accept that we're struggling, in every sense of the word, and we need a serious reshuffle to even begin to be on level pegging with other NRL clubs.

 

[system]

So the foundation clubs have a diluted stake.

So we the supporters and the foundation clubs created a successful popular identity so the NRL can now move in and take a permanent stake all because Balmain Leagues sadly was mismanaged and went broke.

Just wondering how much further diluted our shareholding will become if we dont pay our debts or if private backers move in?

Not good.

I do not believe it is a stake in the company as such but reflective of board seats.

 

[pHyR3]

So the foundation clubs have a diluted stake.

the shareholding value of both entities is UNCHANGED.

simply an independent section of the board has been added to eliminate stalemates and to broaden perspectives in discussions. those independent boardmembers have no stake in the club (hence they are independent)

 

[Knuckles]

Don't be afraid to change Grant … It's what will save us from oblivion.

Great to see the Independant board having an effect.

 

[LaT]

Change has been one of Mayers greatest feats since taking charge. Can't see how he would be afraid.

Time to let go knuckle.

 

[innsaneink]

**According to a statement released by the NRL on Thursday,** the Tigers are ``undertaking a major restructure to resolve long-term issues in the club shareholding as well as a restructure of business operations''.

Anybody seen this?

 

[OutbackJack]

There was always going to be trouble with t his merger when they called it "Wests Tigers", which signalled that nobody was prepared to let go of what they had. Those wise men at the top rejected the Parramatta offer of a merger because they (Parra) only wanted the tiger logo (and who wouldn't when all you have is an Eel), and so joined up with Wests. A good result, and the team got the likes of Skando and Brett Hodgson (after Hogdo left Parramatta to come back).

Hopefully, with the NRL intervention, this thing can get back on the rails. I am a long-term Balmain/Tigers supporter, have have been since 1967\. I live near Newcastle now and still follow the Tigers, and hopefully will continue to do so. But my patience has been worn thin with these clowns ruining a great club (two great clubs) with their pettiness, bickering and their inabllity to see the bigger picture. Stevie Wonder had more foresight than some of these dodos.

Let's trust that 2014 is a new beginning and not just a rehash of previous failures off the field. Up the Tigers!!!

 

[innsaneink]

I dont think the name has been the problem, though it is for many small minded people.

I think the 50/50 is whats held us back….there has been no control, nothing going forwards, all time spent on appeasing the other half, making sure everything is 50/50 - rather that doing whats best

 

[pHyR3]

**According to a statement released by the NRL on Thursday,** the Tigers are ``undertaking a major restructure to resolve long-term issues in the club shareholding as well as a restructure of business operations''.

Anybody seen this?

it was probably on thursday…..2 months ago.

rehashing an old story into a new one.

 

[Knuckles]

There was always going to be trouble with t his merger when they called it "Wests Tigers", which signalled that nobody was prepared to let go of what they had. Those wise men at the top rejected the Parramatta offer of a merger because they (Parra) only wanted the tiger logo (and who wouldn't when all you have is an Eel), and so joined up with Wests. A good result, and the team got the likes of Skando and Brett Hodgson (after Hogdo left Parramatta to come back).

Hopefully, with the NRL intervention, this thing can get back on the rails. I am a long-term Balmain/Tigers supporter, have have been since 1967\. I live near Newcastle now and still follow the Tigers, and hopefully will continue to do so. But my patience has been worn thin with these clowns ruining a great club (two great clubs) with their pettiness, bickering and their inabllity to see the bigger picture. Stevie Wonder had more foresight than some of these dodos.

Let's trust that 2014 is a new beginning and not just a rehash of previous failures off the field. Up the Tigers!!!

I share your frustration Jack ….. The funny thing is not everyone who say they have moved on have in fact truly moved on. I am sure it is the same at board level. They will all say yes we've moved on, we're all Wests Tigers through and through .... Yet you should have heard them squeal at the prospect of merging the reserve grade teams ! You should hear them if they reduce the size of the magpie on the sleeve ! And I'm from the Magpies side of things !
I said back in 2000 the traditional clubs have died and we have a new beginning. Everything since has simply prolonged the agony for some. I'm not saying forget the past. By all means watch your old videos, wear your old Balmain and Magpies gear to the games, reminisce about the old days, but the future is the here and now. If this management team can't make it work then I'm afraid our use by date may be sooner rather than later.