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How will Tigers fair financially over the next few seasons?
Loss of finals revenue
Potential loss of sponsors
Potential Sheens payout
Balmain Leagues Club ability to pay if owners need to cover lossesWe get an increase in the grant but a large part of that goes towards the increase in the came and the cap in general. We need to sort ourselves out before the rumours turn from players/staff to solvency
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We will never know because members get zero transparency and are nothing more than glorified season ticket holders!
Posted using RoarFEED 2012You are 100% correct, and nor should we. We are simply Season Ticket Holders to the show!
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Hold on a second, what NRL club who sign up ‘members’ allow those members to see the club’s financials? The only people who should worry about the club’s financials are the members of the Balmain Tigers RLFC, and each of the three parts of the Wests Group. They are the owners of the organisation.
Members of Wests Tigers are effectively customers of the organisation, and that certainly doesn’t entitle you to look at the club’s financials.
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Besides, our sponsorship is strong, our gate takings are OK, we get income for playing at Allianz stadium, our merchandise sales are strong and we are one of the most supported teams in the comp.
And all this before we even look at a ARLC grant or Leagues clubs injecting funds.
If anything we should be in a stronger financial position considering all the players we have released……unless Sheens takes it all. But I honestly don’t think he is like that. Money was never his motivation here.
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http://www.cartercarter.com.au/clients/tigers/BTRLF_2011_screen.pdf
If you look at last years report there is reason to be concerned and maybe understand why the Club can’t afford to pay out Sheens , especially after missing the finals. Also, a worry when you consider the statement by the Auditors regarding the solvency of the club.
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@Tiger Watto:
We will never know because members get zero transparency and are nothing more than glorified season ticket holders!
Posted using RoarFEED 2012You are 100% correct, and nor should we. We are simply Season Ticket Holders to the show!
And nor should we.Are you Stephen Humphreys.
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Ah good to see the Benny Elias bashers poking their heads up again.
So youre saying its unwarranted.
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@Karma Tiger:
Ah good to see the Benny Elias bashers poking their heads up again.
So youre saying its unwarranted.
Benny Elias has little to nothing to do with the current financial situation of WT. He is an investor in a project that will (hopefully) incorporate the Balmain Leagues Club. That’s about the extent of his involvement unless someone can indicate otherwise.
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@Karma Tiger:
@Tiger Watto:
We will never know because members get zero transparency and are nothing more than glorified season ticket holders!
Posted using RoarFEED 2012You are 100% correct, and nor should we. We are simply Season Ticket Holders to the show!
And nor should we.Are you Stephen Humphreys.
No mate… I live in the real world and know where the boundaries are.
Did you ask Heinz for their financials last month when you bought a can of baked beans at Coles? There is no difference!
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What are the chances Aliens back here Watto??
woooooo karma…… :roll
I’ll show my financials to anyone… If they invest $1M into my business!
