WA BEARS

[Bukowski]

Jim Jeffires said he was only trying to buy in for 3%.
Not sure if the buy-in is ridiculously high, he's not as willing to put his money where his mouth is, or if he's just not as rich as a celebrity of his stature should be.

Is he out?

 

[MugaB]

I'll be happy to be shocked, if successful it will be huge for the game.

The equivalent of west indies Cricket but in RL

 

[bazza]

Should ask twiggy, and let him do joint double header games with the Western Force, if they could make a thing of it most fortnight's, then he'd be interested if only to boost awareness for the force and increase their crowds aswell as advertising for his own purposes thru league aswell, he wouldn't need to sponsor the dragons like he does now either, or just do both, (hell he has the mula for it), trouble is for that all to work either the ARU or NRL need to align perths games

would have thought any partnership with the Force would be to try and get alternative weekend games so that someone is playing at HBF every week

 

[BuffaloRules]

The equivalent of west indies Cricket but in RL

Marcus Bai and Olam were both pretty talented guys .. I hope they can start rolling guys like that off a production line one day

 

[Red&BlackBear]

Is he out?

Last I heard he was all in. It was just a matter of how and when. I guess those conversations have been directly with Norths and maybe he has or hasn’t had a chance to engage with the WA consortium side of things yet. Unsure.

Regardless of all that mumbo jumbo, JJ would be the highest profile supporter. It would be insanity to not bring him in some capacity. He brings something no one else at this point can bring, instant recognition of the brand on a global scene due to his status.

But beyond all that if he does ultimately come in then I again state what I said before. There will eventually be Bears people as board members and most likely those board members aren’t even Norths board members yet or may never be Norths board members in all honesty but they will be Bears people.

 

[Perth Red]

would have thought any partnership with the Force would be to try and get alternative weekend games so that someone is playing at HBF every week

f**k union, let them die!

 

[RedVee]

I’m sure the article will get posted here today at some point but WA Consortium have been talking to Paul Smith (owner of Sydney Kings) from NSW and Paul Kind (former NRL senior executive) from NSW to be key stakeholders in the Western Bears.

Echoing what I said months ago. WA Consortium are looking beyond WA alone in who make up the board, stakeholders and financial benefactors. Now here we are with two lads from Sydney and Wollongong being figures.

Paul Smith was the guy the Dragons passed on in favour of the Gordon’s when the Steelers share was for sale.

 

[RedVee]

TSe claimed they paid less, other articles has them paying same. dragons debt was $6mill at time so it would have been at least that. Either way Wb's assertion that they paid multiple amounts of $10mill is debunked as usual!

Steelers debt really. A lot of which was owed to WIN anyway. St G Leagues had given Steelers a loan earlier on but got into trouble because they provided a preferential, eg non commercial, interest rate and had to call the loan back. Then WIN helped them out and took property ownership as security from memory. In the end Steelers had to sell off their 50%. As part of the original agreement the shareholding had to be first offered to the other shareholder. St G was happy to buy it but the NRL knocked it back. Then eventually we got to the position we are now, a club owned 50:50 between a single (not 2) footy club and a business investor.

 

[Vlad59]

f**k union, let them die!

Harsh but fair