The Western Weekender

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YES, MINISTER

CHARITY HELP

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Weekender kicks off OZWAC fundraising

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FAMILY TRAGEDY PAGE 3

MARCH 9 2012 ISSUE 1043

PROUDLY INDEPENDENT CIRCULATION: 59,400

THE HEARTBEAT OF PENRITH

Penrith’s best coverage of entertainment

Business

Tourism boost for Penrith

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Life & Style NEW PANTHERS CEO WARREN WILSON AT THE CLUB’S HEADQUARTERS ON TUESDAY. PHOTO: MELINDA JENKINS

Meet the new boss How CEO Warren Wilson plans to transform Panthers TROY DODDS

H

e has accepted one of the Penrith region’s toughest and most demanding jobs, but thanks to a billion-dollar plan in his pocket and a passion for the area he grew up in, Warren Wilson is hoping it also becomes one of the most rewarding. The new Chief Executive Officer of Panthers is a straight talker, admits he is “hard but fair” and says Panthers will return to the powerful force it once was within a decade.

“We want to return to being the powerhouse, and to being number one in the industry,” he said. “We have a signifi cant debt that we have to deal with and we’ve got plans to deal with that.” Mr Wilson admits that the plan involves selling off some of Panthers’ other club sites across NSW. “There will defi nitely be rationalisation,” he said. “There’s no way in the short term or even in the medium term that the club can trade its way out of debt. “We’ve got some resolutions going up to the AGM at the end of March to declare all of the properties as being non-core, which will give us the flexibility of being able to divest clubs.”

Mr Wilson said with the divestment of a number of clubs, the balance sheet at Panthers looks “drastically diff erent... instantly”. Panthers is currently waiting on Penrith City Council approval to begin the biggest overhaul in the Mulgoa Road site’s history, which will re-defi ne what Panthers is all about. “It will lead us to a billion dollars-plus of work in the next 10 years on this precinct,” Mr Wilson said. “It’ll be a drastic transformation... it will have commercial buildings, aged care, residential, multi-use arenas, large DFO style shopping centres... it’s a village in itself out here.” Continued page 16

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Top fashion on show

Extra Time

Panthers look for first win

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