Just last AGM, the FC Members voted in a Board that will sit for 2 years. We had a choice of two Tickets, the Members voted in the sitting Board by a 3:2 majority.
One Owner Company has 2/7th votes of the Manly Sea Eagles entity.
Penns also have 2/7 plus control of the 1/7 that the LC gave them in exchange for paying down their debt. The Penns also choose to nominate, as is their right, Peters as one of their representatives on the private entity that is Manly Sea Eagles.
So FC or LC members have zero direct votes on the entity.
The FC owns the colours, emblem via Preference Shares in the private entity named Manly Sea Eagles.
The FC also has two seats on this Board, or 2/7th voting power.
The Leagues Club is trading insolvent.
Sold their only voting share to the Penns who owns all the land that the Club and carpark sit on.
So Football Club Membership $25pa gives you a voice by electing a FC Board of your choosing.
Ticketed Season Memberships give you priority ticket sales for Finals and Rep Games. Plus 10% discount on Club gear.