Benny buying Wests Tigers??

[Shredder]

Yeah exactly.

But this is how businesses and investments are valued.

Property is valued the same way, its a p/e over the rents. Thats why Australian property prices dont make a lot of sense.

 

[Jim Rockford]

The worth of anything is what someone will pay

My mother always used to say this when I was talking about what my collectibles were worth.

 

[stryker]

$3.5mln for West’s Tigers sounds fair. Benny wants 50%. Approx $1.75mln
Where did the $10mln come from?
The club are silly not to entertain that offer.

 

[macnaz]

Balmain leagues club closed its doors in 2010 .. and the power shifted.

 

[WT Unity]

Lee Hagiapantelis was interviewed by Vossy on the radio this morning and explained the situation making it very clear. He explained without emotion, just the facts with his legal hat on.
He said - Any change in ownership can only be done if the shareholders decide to sell. Wests Ashfield own 90% of the JV, Balmain Tigers own 10%. So the only way any ownership change could occur would be if Wests Ashfield decided to sell a portion. He then quoted Simon Cook as saying that Wests were not interested in selling.
PS - Not 100% certain on this point but I don't think Balmain can sell their 10% as it was gifted to them by Wests Ashfield and they can't sell without Wests having first right of refusal.

 

[Pistol_Pete]

What a f**king joke the place is Wests by stealth now and it shows. A complete embarrassment of a club like Wests were for the bulk of their 90 odd seasons.

 

[southwalesrabbitoh]

What a f**king joke the place is Wests by stealth now and it shows. A complete embarrassment of a club like Wests were for the bulk of their 90 odd seasons.

Brisbane Tigers? Build flats on Leichhardt? Would love to see Western Suburbs doing well in the NSW Cup on a regular basis.

 

[Fordy20]

What a f**king joke the place is Wests by stealth now and it shows. A complete embarrassment of a club like Wests were for the bulk of their 90 odd seasons.

Well, that's Benny's fault in the first place isn't it?

 

[gordsy]

What a f**king joke the place is Wests by stealth now and it shows. A complete embarrassment of a club like Wests were for the bulk of their 90 odd seasons.

That's what this club needs more of, us v them rubbish. I was a tigers fan from before I was 10 but we are one club now regardless of our past. To say our club was shit and the other wasn't is crap. Both clubs sucked arse for long periods of time.If wests walked away from the joint venture they have a much better chance of surviving than the tigers do, especially after the tigers sold out to Benny.....

 

[macnaz]

Elias' ownership bid rejected by Tigers
https://www.foxsports.com.au/video/league/nrl/elias-ownership-bid-rejected-by-tigers!802938

 

[gordsy]

Thank god, he f**ked the club once and yet people want to have a second go with him. Wtf for.
Benny only ever does what's best for himself.

 

[YoHadrian]

Elias' ownership bid rejected by Tigers
https://www.foxsports.com.au/video/league/nrl/elias-ownership-bid-rejected-by-tigers!802938

I think once they stopped laughing & the words "F*** no" were bandied about they came to their decision to unfortunately decline his offer at this particular time.

 

[The Ranga Hunter]

He didn't get the nickname Backdoor for nothing.

Is that right Derek?