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SBD Global/March 20, 2014/Franchises

New South Wales Judge Rejects Balmain Leagues Club's Application For Receivership

A New South Wales Supreme Court judge has "rejected an application" to have the Balmain Leagues Club, which bankrolls National Rugby League side Wests Tigers, "placed into receivership," according to Leo Shanahan of THE AUSTRALIAN. The matter will "return to court later next week with a hearing date on whether the club should be placed into receivership likely to be heard in the coming months." In what could be a "final death knell" for Rugby League side Balmain Tigers and its involvement with the Wests Tigers franchise, the "department of planning" announced on Thursday that it would "reject the proposal put forward by developers Rozelle Village to redevelop the club site into a high rise retail and residential building" (THE AUSTRALIAN, 3/19). In Sydney, Dean Ritchie reported Wests Tigers CEO Grant Mayer said that the club "will survive, the famous Tigers logo is here to stay and the current issue before the court involving the Balmain Leagues Club won't drag the football club down into oblivion." The "roaring Tiger will stay on the Tigers jumper for the next 15 years, despite Balmain's financial crisis" (DAILY TELEGRAPH, 3/19).
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