Tigers need quick $1m to survive

[benched tiger]

What i can remember of the saga with the Balmain Leagues club is that it is messy and i doubt it will be resolved soon.

 

[Matchball]

What i can remember of the saga with the Balmain Leagues club is that it is messy and i doubt it will be resolved

It could be easily resolved.
Local residents want the buildings height lowered and council agreed but greed of the developer keeps fighting for more apartments to sell. That's the problem.
Could have been built, Woolworths in paying rent, pokies and club running. That's our gain out of the deal but the apartment side can't be resolved and that doesn't benefit us.

Makes one legend come out looking dirty.

 

[TrigaTheTiger]

In fairness:

Name any other JV business where the partner paying the most cash doesnt want greater control?

In truth, if this happened to other JVs they would probably fold.

My ideal solution:
- one representative from each side - three independent directors - all appointed by the NRL.

But this would only work if both sides were funding equally.

In an ideal world, WT would buy the Balmain and Ashfield clubs.

Frankly, the JV has no revenue sources other than NRL grants and merchandise. Its like a charity.

 

[BuffaloRules]

Frankly, the JV has no revenue sources other than NRL grants and merchandise. Its like a charity.

And sponsorships, gate receipts and a couple of others.

I think the long term goal of all clubs should be to be self sufficient and not dependent on poker machine palaces trading on misery.

 

[macnaz]

And sponsorships, gate receipts and a couple of others.

I think the long term goal of all clubs should be to be self sufficient and not dependent on poker machine palaces trading on misery.

Thats true , you can see how lucky clubs like the Storm are under their current arrangement.

 

[Matchball]

Read up on it , I couldnt be bothered explaining it to people who arent interested in facts.

I think you don't know anything about the redevelopment site personally, just what you read in papers and tried to call a 28 year local resident of the area out on it.
Good bluff.

 

[madunit]

Thats true , you can see how lucky clubs like the Storm are under their current arrangement.

Storm aren't lucky.

I'm no Storm fan, but living down here and having spoken to a few of their administrators, they've had to supply funds to some Victorian RL competitions etc.

 

[macnaz]

I think you don't know anything about the redevelopment site personally, just what you read in papers and tried to call a 28 year local resident of the area out on it.
Good bluff.

Im not trying to call anyones bluff , as I have said it is a long an confusing topic and i couldnt be bothered going through it all. Being a resident im sure would give you some insight into it I guess but more than likely from an opposing local and councils perspective which well differ greatly from the clubs view. I will how ever say I had a letter from the Balmain board strongly defending Ben Elias and stating his dealings have all been honourable and above board .

 

[macnaz]

Storm aren't lucky.

I'm no Storm fan, but living down here and having spoken to a few of their administrators, they've had to supply funds to some Victorian RL competitions etc.

Well so they should.. but anyway they are a propped up club who will never be allowed to go broke

 

[madunit]

Why should they?

Broncos never had to look after the development of Rugby League in Brisbane.

Warriors don't have to look after the development of Rugby League in New Zealand.

None of the NSW teams have to look after the development of the game in NSW.

They are propped up because the Storm are propping up Rugby League in Victoria.

 

[macnaz]

Perhaps they shouldn't be the sole supporter but why should Penrith , Parra Wests etc have to sponsor their junior development for the Storm to poach players from while they dont invest in their own. NZ and Queensland already had RL comps in place prior to entering the league and the same would go for Perth and Central Coast if they are ever included.

 

[benched tiger]

It could be easily resolved.
Local residents want the buildings height lowered and council agreed but greed of the developer keeps fighting for more apartments to sell. That's the problem.
Could have been built, Woolworths in paying rent, pokies and club running. That's our gain out of the deal but the apartment side can't be resolved and that doesn't benefit us.

MB i hope your right that it can be resolved for the good of our club.But have the Tigers sold their soul to the Devil?
Do theTigers still own the site or has the developer taken control of the decision making and title deeds due to the construction deal between them?
I believed there were other factors preventing the go ahead also coming from council,state politics, apart from residents fears and the Land and Enviroment ruling against the proposal.

 

[magpie_man]

this season just keeps getting better...

 

[R2Coupe]

I don't understand all the negativity towards this project.

It ticks the boxes in terms of the NSW Government's priorities of job creation and increasing the supply and choice of housing.

The site is very well located 3km from the CBD and major bus routes.

Obviously there are talented people involved in the project and investors who believe the development can be achieved.

Most importantly, the project is within a process were a determination either way is assured. The so called PAC will make the decision.

 

[macnaz]

It will destroy the Rozelle basket weavers village atmosphere apparently
Ooh and it may get hit by a low flying plane according to the locals.

 

[brooksy19]

Greenies still running the council in Balmain?

 

[brooksy19]

Can't Bazza make this issue go away, he is after all the Wests Tigers # Fan....... roll's eyes.

 

[Matchball]

Yep. Basket weavers are to blame but it's due to 2 things. First one I can understand.
The car parking. It's already a shitfight in that area with the club being closed. A majority of the old car park was to become the supermarket and parking for their customers. Then you have the clubs parking on top of the parking for the apartments. Wasn't enough in the plans to satisfy council.
The Height of the two towers. It's silly. Drummoyne has identical height apartment complexes on the main road. If anything it would become a landmark.
It's silly that people whinge that the building will cast a shadow on their property at 9 am. The horror.

I just want it rectified. Supermarket alone was projected to bring in 700k in rents p.a.
Now there is talk of Balmain selling part stake of the club.
http://www.smh.com.au/rugby-league/...ion-if-standoff-continues-20130821-2sbp5.html

 

[benched tiger]

Issues with parking,increases in traffic congestion,disgruntled locals puts fear in politicians to make decisions that can harm there chances of re-election.

 

[Sydney Knight]

The site is definitely owned by the developers these days. If you check the annual reports over the last few years approx $25m in prop dropped of the assets side and about the same figure in debt was repaid. Would love for someone to come out and clarify the exact benefits for Balmain Leagues if the proposal goes ahead. According to the Mayor they get nothing except a 15 year lease at market rates. Not sure if this is correct or not. When the development was first proposed we all got letters saying the developers would make up any short term funding losses to Balmain JRL but don't see that this has happened.