Toronto owner to invest in Storm

[Foreign Legion]

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• SPORT
• NRL
• NRL 2020

Wolfpack billionaire in mix for share as Storm change ownership model
By Roy Masters
February 20, 2020 — 2.59pm
Melbourne Storm has radically changed its ownership structure, with majority shareholder Bart Campbell halving his stake and negotiations opening with David Argyle, the billionaire mining magnate owner of the Toronto Wolfpack, to take a share.
https://www.google.com/amp/s/amp.sm...m-change-ownership-model-20200220-p542qn.html

 

[sempmrh]

The club was exploring putting up a percentage for fans to purchase in a partial fan ownership model but I haven't heard anything about that in about a year. The last email about it said they would 'get in touch in the New Year' but that email was from December 2018. Guess it won't be happening now.

edit: Literally as I posted this I got an email from the club about the changes to the ownership structure and a confirmation that partial fan ownership wouldn't be going ahead.

 

[Adam-Albert Casty]

Seema like a bargain. Sell out just as the club is about to fall off a cliff on the field and has no sponsor.....once Barb Smith retires the diamond rings will become browneyes....

 

[Perth Red]

that’s a lot of wealth backing the Storm.

 

[The Great Dane]

What David Argyle is doing at the Wolfpack and Skolars is great, but he also has a history of not paying his bills on time and this is the third club he is investing in.

So good luck to the Storm and Argyle if they decide to work together, but if I was the Storm I'd keep an eye on him.

 

[hineyrulz]

Looks like Bart Campbell has been grappling with the decision to sell a stake in the club for quite a while.

 

[tumbidragon]

Im writing this with tears in my eyes... SBW to Storm 2035. Heard it hear first.

 

[Usain Bolt]

Cam Smith to the Wolfpack in 2021

 

[Pommy]

What David Argyle is doing at the Wolfpack and Skolars is great, but he also has a history of not paying his bills on time and this is the third club he is investing in.

So good luck to the Storm and Argyle if they decide to work together, but if I was the Storm I'd keep an eye on him.

Him personally or businesses he’s a shareholder in?

 

[The Great Dane]

Him personally or businesses he’s a shareholder in?

Well the Wolfpack for one, there were a bunch of people that had done services for the Wolfpack and were complaining about late payment or not being payed at all, and this was while he was not only the owner but the CEO as well.

He just seems to be one of those guys that is prone to making very big promises, but often fails to deliver them, for example it turns out that so far he hasn't been living up to expectations at the Skolars, and remember all that talk of him funding the Wolfpack playing home games in basically every major European city, yet when push came to shove they just went quite about all of it.

As long as they go into business with him understanding that he has a history of making big promises that don't really go anywhere then working with him shouldn't really be a problem for the Storm, as he's definitely good for any money that he promises people, even if it doesn't always reach them on time, but if they go into business with him on the back of some big promises they are probably going to be let down.

 

[sempmrh]

The share which is being taken on by the Ralph brothers (one of which runs Jet Couriers and has a major stake in the Melbourne Aces) is being spun as the baseball team buying into the club. Strange considering how low baseball’s profile is in Australia.

 

[JamesRustle]

Can Smith to umpire Aces games too.

 

[Nealo 12]

If it’s Ok by Cam, It’s Ok by me .

 

[Foreign Legion]

The share which is being taken on by the Ralph brothers (one of which runs Jet Couriers and has a major stake in the Melbourne Aces) is being spun as the baseball team buying into the club. Strange considering how low baseball’s profile is in Australia.

gee didn't see that coming

 

[thorson1987]

The share which is being taken on by the Ralph brothers (one of which runs Jet Couriers and has a major stake in the Melbourne Aces) is being spun as the baseball team buying into the club. Strange considering how low baseball’s profile is in Australia.

Yeah I saw this yesterday and thought what the f**k.

 

[Generalzod]

Seema like a bargain. Sell out just as the club is about to fall off a cliff on the field and has no sponsor.....once Barb Smith retires the diamond rings will become browneyes....

Diamonds are forever lol

 

[Hello, I'm The Doctor]

The share which is being taken on by the Ralph brothers (one of which runs Jet Couriers and has a major stake in the Melbourne Aces) is being spun as the baseball team buying into the club. Strange considering how low baseball’s profile is in Australia.

Hahahah, i like it.

Side note: how did the Storm ever manage to get their hands of @storm? Seems crazy noone else every snapped that one up

 

[sempmrh]

Hahahah, i like it.

Side note: how did the Storm ever manage to get their hands of @storm? Seems crazy noone else every snapped that one up

The club’s Twitter username was originally @MelbStormRLC, then it changed to @MelbourneStorm and finally @storm when Twitter took the name back, possibly from an inactive account. I know Twitter has the power to take control of usernames over brand and trademark claims - I think it was an ‘it’s who you know’ kind of situation. The club’s Instagram recently changed to @storm as well leaving Facebook as the only one still with MelbStormRLC. More clubs should look into trying to obtain better social media usernames.

An unfortunate side effect is that when people don’t understand how Twitter works or don’t proofread their tweets before posting. You see @storm tagged with people talking about the weather, US politics, other sports and even Fortnite.