this gets asked now and again so from the report:
The MWRLFC is a minority owner of the MWSE Ltd.
That means that MWRLFC members also have an ownership stake in the MWSE Ltd, the Sea Eagles.
The MWRLFC holds the Preference Share in the Manly-Warringah Sea Eagles Ltd which gives our members, through their right to vote, determination over the Team’s name, colours and its home ground, as well as two voting positions on the MWSE Ltd Board which has seven members.
So 'true' supporters should sign up so that the team's name/colours/brookie are all protected by grass roots supporters!
PS: They still owe me a scarf!