Once Dead
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well, does anyone know how the WT JV is operating?
as far as I'm aware, it wasn't a SGI type buyout of ILL by STG.
The two sides are meant to be contributing to it. Western Suburbs seem be doing it financially. What are Balmain bringing to the table? Surely, the 'Tigers' brand isn't that valuable that Balmain can just rely on that and tow along while Western Suburbs fund, wait, fund, wait, etc.
I'm not saying the JV is going to finish up now, but realistically, how long does it have if it plods along like this for the next few years? The boardroom is factioned and one side is struggling to honour their financial commitments.
Are Balmain trying to do something about it? Of course, however, blame local residents for stuffing that up. 50 / 50 ownership doesn't go away too easily....
This talk about Wests and Balmain is all crap and people who further it are idiots. The dinosaurs who hold out the hope that this will be another Northern Eagles need to think again...
I love how Tim Sheens being paid out leads to this speculation....when it was mainly the Magpies pushing the sacking of Sheens! You get what you wish for...now don't blame it on Balmain...