What's new
The Front Row Forums

Register a free account today to become a member of the world's largest Rugby League discussion forum! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

The $10m question: Did the Dragons choose the right buyer?

muzby

Village Idiot
Staff member
Messages
45,708
I wonder if TSE took over , whether any of the current board members have been retained ? ;)
This is the hard part.. TSE would have only owned half of the JV..

So some of the alleged roadblocks which are currently in place may have remained there anyway...
 

getsmarty

Immortal
Messages
33,485
This is the hard part.. TSE would have only owned half of the JV..

So some of the alleged roadblocks which are currently in place may have remained there anyway...

Good point Muzby, but would they have bought more expertise and 3rd party...etc...I guess sadly we will never know.
 

Old Kogarah Boy 1

First Grade
Messages
5,415
l'm late to this thread but to answer it correctly, forget who our alligences are to, stats and history will show we have NOT chosen the right buyer.

Fact is, it was a boat race from the start.
Gordon had already shored up the required votes by having his son on the board to prospect other board members.

When a better offer came through, they rejected it!
Why ......... Because they would of lost their cushy jobs, hence they accepted the corrupt lower bid.
And we wonder why the club hasn't forged ahead.

Doomed from the start.
Throw in a pathetic coach who obviously can't be sacked and we arrive to where we are today, and they have the hide to question our loyality as fans.

The board and ownership is totally corrupt, without peer ( well, maybe Trump and alike ) .... but thats another matter.
 

muzby

Village Idiot
Staff member
Messages
45,708
l'm late to this thread but to answer it correctly, forget who our alligences are to, stats and history will show we have NOT chosen the right buyer.

Fact is, it was a boat race from the start.
Gordon had already shored up the required votes by having his son on the board to prospect other board members.

When a better offer came through, they rejected it!
Why ......... Because they would of lost their cushy jobs, hence they accepted the corrupt lower bid.
And we wonder why the club hasn't forged ahead.

Doomed from the start.
Throw in a pathetic coach who obviously can't be sacked and we arrive to where we are today, and they have the hide to question our loyality as fans.

The board and ownership is totally corrupt, without peer ( well, maybe Trump and alike ) .... but thats another matter.
Why do you say the WIN bid is corrupt?
 

Old Timer

Coach
Messages
16,914
l'm late to this thread but to answer it correctly, forget who our alligences are to, stats and history will show we have NOT chosen the right buyer.

Fact is, it was a boat race from the start.
Gordon had already shored up the required votes by having his son on the board to prospect other board members.

When a better offer came through, they rejected it!
Why ......... Because they would of lost their cushy jobs, hence they accepted the corrupt lower bid.
And we wonder why the club hasn't forged ahead.

Doomed from the start.
Throw in a pathetic coach who obviously can't be sacked and we arrive to where we are today, and they have the hide to question our loyality as fans.

The board and ownership is totally corrupt, without peer ( well, maybe Trump and alike ) .... but thats another matter.
Did anyone stand down during the process due to potential or actual conflict of interest?
 

denis preston

First Grade
Messages
8,157
Can't see the point in this thread. It has happened so deal with it.What does it change by whinging about it ? keep the pressure on the Board by all means but don't dwell on things that have happened and can't be changed.
 

Hard Yards

Juniors
Messages
78
JV are not set in stone they are mutually, albeit at times a series of binding compromise(s) to which respective parties agree to, for the purpose of conducting an ongoing enterprise on a shared basis. The rights of each party would be agreed to and defined including in most cases the process for termination of the venture. Deep pockets normally by one party who seeks to acquire the commercial and defined interests of the other party. TSE could always launch a bid for one half or all of the JV. It all comes down to MONEY. Kerry Packer said words to the effect of "gentleman there is a little bit of the whore in all of us...gentleman tell me what is your price?".
 

TruSaint

Referee
Messages
20,093
Not defending WIN here, but apart from a few media articles about the alternate investor, does anyone know the terms / conditions TSE sought in their bid ?

Im confident that any buy- in would have to have been ratified by the NRL.

It is possible there was a roadblock in this regard? I don't know, but it seems to me if the TSE bid was significantly higher in dollar value, then the NRL would be negligent to approve the WIN deal, unless the TSE deal did not meet certain conditions.
 

Blood&Bandage

Juniors
Messages
201
l'm late to this thread but to answer it correctly, forget who our alligences are to, stats and history will show we have NOT chosen the right buyer.

Fact is, it was a boat race from the start.
Gordon had already shored up the required votes by having his son on the board to prospect other board members.

When a better offer came through, they rejected it!
Why ......... Because they would of lost their cushy jobs, hence they accepted the corrupt lower bid.
And we wonder why the club hasn't forged ahead.

Doomed from the start.
Throw in a pathetic coach who obviously can't be sacked and we arrive to where we are today, and they have the hide to question our loyality as fans.

The board and ownership is totally corrupt, without peer ( well, maybe Trump and alike ) .... but thats another matter.
Well said. Our club is such a sad pathetic mess.
 

RedVee

First Grade
Messages
5,853
Not defending WIN here, but apart from a few media articles about the alternate investor, does anyone know the terms / conditions TSE sought in their bid ?

Im confident that any buy- in would have to have been ratified by the NRL.

It is possible there was a roadblock in this regard? I don't know, but it seems to me if the TSE bid was significantly higher in dollar value, then the NRL would be negligent to approve the WIN deal, unless the TSE deal did not meet certain conditions.

There was some press back when WIN pulled their offer that St G wanted to buy out Illawarra but that scenario was ruled out by the NRL
 

Latest posts

Top