Tigers in peril: Balmain plot merger split after ‘losing faith’
August 29, 2024
The Balmain board is plotting a shock break from the Western Suburbs that would end the Wests Tigers’ time in the NRL and see both sides of the joint venture battling to stay in rugby league’s top grade.
The NRL’s licensing agreement with its 17 clubs ends in the next four months and Balmain powerbrokers see it as the perfect time to break away from the Western Suburbs.
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The hinge here is that Balmain Tigers, who own 10 percent of the Wests Tigers joint venture, would refuse to stay combined with the Wests Magpies, who own 30 percent of the Holman Barnes Group. The HBG (originally Western Suburbs Leagues Club Limited) owns 90 percent of the NRL organisation currently playing in the league.
A vote is expected to be held imminently for all Balmain board members to cast ballots.
“I believe the time has come for us to step aside and resurrect the Balmain Tigers,” Balmain director and former Tigers first-grade player Garry Leo told the Sydney Morning Herald on Thursday.
“I don’t think the NRL would continue to allow the Wests Tigers to operate with the Tigers name without any involvement from Balmain. I really do believe the NRL competition needs a Tigers team. And not the Wests Tigers.”
🚨🏉 The Balmain board are calling a crisis meeting with one thing on the agenda: Removing the club from the Tigers joint venture
The bombshell, which comes after Balmain's directors “lost faith,” would end the @WestsTigers
(via @MichaelChammas) pic.twitter.com/C52WQiJ2th
— The Sporting Base – NRL (@BaseNrl) August 29, 2024
Michael Chammas at the Herald has reported that Balmain has been speaking to 94-year-old billionaire property developer Harry Triguboff, who has supported the Tigers for years, about backing a future Balmain license. Nevil Crichton, a billionaire automotive businessman, has also reportedly been approached recently.
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“If we had the right backers, we could go to the NRL with a proposal to stand alone,” Leo said. “The joint venture hasn’t worked. I’d rather risk ending up in NSW Cup than continuing with the Wests Tigers.”
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