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Warriors for sale

Blair

Coach
Messages
11,283
Not an ideal situation but not as bad as it seems. Both parties don't want out, one wants to buy out the other.
 

Blair

Coach
Messages
11,283
That CHT crowd were the ones who wanted out of the NSW Cup, they lost me then.
 

Rich102

Moderator
Staff member
Messages
11,810
A single owner would be the best option.
But does he have the cash?
 

Rich102

Moderator
Staff member
Messages
11,810
What is the chance of one of the Sydney teams buying the club?
Haven't they got a cash incentive to move?
Or Norths to go solo?
Could be some real benefits.
Base the side in Sydney, still play home games at Mt Smart.
 

Big Marn

Bench
Messages
3,124
What is the chance of one of the Sydney teams buying the club?
Haven't they got a cash incentive to move?
Or Norths to go solo?
Could be some real benefits.
Base the side in Sydney, still play home games at Mt Smart.
or Brizzy. A lot of expats there. Feels almost like a home game when we play at suncorp and down the road at gold coast.
 

Mr Angry

Not a Referee
Messages
51,816
Negotiations are underway, with Autex CEO Mark Robinson confirming to the Herald that they are bidding for full ownership of the Warriors.

"We are currently in negotiations with the Carlaw Heritage Trust around ownership of the Warriors," said Robinson.

"Our decision to bid for full ownership is based on doing what's in the best interests for the future of the club, the players and rugby league in New Zealand.

"For us, it's about the real passion we have for the club and the game. We want the club to reach its full potential. We've been at the games alongside the fans for 25 years, rain or shine, and we believe in the Warriors."

I am excited, been 15 months of current situation, club has gone backwards.

I read that as, we tried the joint venture thing, see how it would go, now we are taking over.

Just sort it quickly.
 

spear tackle

Juniors
Messages
1,176
That CHT crowd were the ones who wanted out of the NSW Cup, they lost me then.


Was it them was it? Yeah they kind of put me right off as well, reminds me of Bluey telling Owen Glen we didn't need his cash to boost the playing roster "because theres loads of guys running around the local Auckland comp that can foot it with the big boys I the NRL". And we're still waiting for that one.
 

SpaceMonkey

Immortal
Messages
40,921
Wouldn't work cause of the travel...

Either Sydney or Brisbane would mean even more travel than now if they were travelling to NZ for home games. Plus it would reduce the community stuff they could do in Auckland. I can see why it’s being suggested, but no. It’s pretty much giving up on having an NZ team in all but name.
 

Rich102

Moderator
Staff member
Messages
11,810
A last-ditch attempt to stop the sale of the Warriors to minority shareholder Autex Industries has failed, with a significant majority of Auckland league clubs voting to proceed with the transaction.

This was despite a renewed bid by former Warriors chairman Cameron McGregor to sway the clubs with a proposal to invest hundreds of thousands into the grassroots game from 2020 onwards, via the NRL club.

The pitch also included an initiative to pay two per cent of all Warriors annual player contract payments back to the Auckland junior club (or clubs) that produced them, as well as a flat $2000 payment for each local player signed by the Warriors, to be distributed on a pro-rata basis.

That kind of plan would only be contingent on the Carlaw Heritage Trust, essentially an arm of the Auckland Rugby League, with the clubs as its sole beneficiary, taking full control of the Warriors by buying out the 33 per cent stake Autex owns.

But that scenario seems extremely unlikely, given the ARL board and CHT board have already passed resolutions in favour of the sale.

The final step was Friday night's meeting, where the clubs left no doubt as to their sentiments.

The Herald on Sunday understands that at the end of the meeting, 20 clubs voted in favour of a motion to support CHT selling their 67 per cent share of the Warriors. Six clubs voted against the motion, four abstained.

McGregor remains an influential figure behind the scenes due to his long tenure as ARL and CHT chairman but has been sidelined from official channels.

The ARL board recently voted to remove him from the CHT, although he is appealing that decision, which also effectively removes him from the Warriors board.

Friday's meeting was opened by a representative from Richmond Rovers who gave a lengthy opening statement in support of the CHT retaining ownership of the NRL club.


They delivered a vision of what the 2020 season could look like if CHT took full control of the Warriors.

It included:


• $3000 per Fox Memorial team, per game, for player payments ($588,000 total).

• $15,000 grant to each Sharman Cup team (second tier).

• $2000 payment by Warriors for each local player signed by NRL club on pro rata basis.

• Two per cent per annum of all annual player contracts paid to the junior club(s) that helped produce that player.

The Richmond statement said "this will only happen in 2020 if the Trust (CHT) buys out Autex. Autex will not agree to the Warriors supporting the clubs in this way", adding it was a "once in a lifetime opportunity".

McGregor then spoke at length outlining the proposal and the case for the Warriors to be retained by the CHT.

He also reiterated his long-term idea to axe the present Warriors reserve grade model and eventually use a revamped Fox Memorial competition for that purpose.

But McGregor faced strong opposition from the clubs and also members of the CHT board, who pointed out that the Warriors are forecast to continue to run at a financial loss in the medium term, and will require more investment annually.

One delegate said there was a "bit of anger" at the meeting, although everyone, including McGregor, had a chance to put their case.

Another club chairman told the Herald on Sunday he had no confidence in McGregor.

"He keeps on promising things but there is no way they could be delivered," he said. "It's in the best interests of the local game to stay out of the running of an NRL club."

McGregor could not be contacted by the Herald on Sunday.

https://www.nzherald.co.nz/league/news/article.cfm?c_id=79&objectid=12269735
 

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