Fairfax media are reporting that Balmain have asked for a final full year extension to repay $5 million in debts owing to the NRL, believing that given enough time they can set up a proper repayment plan.
There is presently a deadline of March 31 to meet the repayment deadline. If the financially stricken club cannot meet that obligation they will be forced to sell their 50 per cent shareholding in Wests Tigers in the following six months, ending an association of 108 years with top-level rugby league.