'Heated exchange' between Warriors owners

Last updated 05:04 27/06/2014
ERIC WATSON: The battle between the Warriors co-owner and fellow co-owner Sir Owen Glenn rages on.
ERIC WATSON: The battle between the Warriors co-owner and fellow co-owner Sir Owen Glenn rages on.

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Warriors chief executive Wayne Scurrah says it is ‘‘business as usual’’ at the club, despite an ongoing battle between the club’s millionaire owners including an alleged confrontation.

A statement of claim was filed at the High Court in Auckland about a week and a half ago by Kea Investments, a company linked to Sir Owen Glenn. It is against a company linked to co-owner Eric Watson, EJ Group and GWNZ Investments, a joint-venture company that owns the Warriors.

It is understood papers were served about a week ago.

Fairfax Media has been told that included in the statement of claim is an allegation that an incident took place between Glenn and Watson in February this year which resulted in a police complaint.

A source said it was a ‘‘heated exchange’’ which led to a written apology from Watson.

It is also understood that alleged in the statement of claim is that Kea and Glenn have been excluded from major decisions relating to the league club since February.

Glenn is seeking to recover more than $6 million and transfer back his company’s half share in the company that owns the Warriors to Watson’s company.

In a statement to Fairfax Media Watson said: ‘‘Sir Owen’s statements are inaccurate, irrational and delusional and will be dealt with in the courts.’’

Glenn publicly lambasted Watson in April over the club’s handling of then head coach Matt Elliott’s sacking.

A few weeks after the departure of Elliott, Glenn asked for an independent review of the club and said he wanted out because he didn’t have ‘‘any confidence or trust in the management of the company’’.

Glenn told Radio New Zealand his relationship with Watson had ‘‘deteriorated to the point of confrontation’’ and claimed ‘‘Mr Watson wants total control ... dictatorship’’.

Glenn bought his half of the Warriors for just over $6 million in 2012 through Kea Investments, but in April this year he said finding a price to exit the deal was proving difficult.

‘‘We’ve been talking about this for 12 months . . . that it hasn’t been working,’’ Glenn said of his partnership with Watson at the club.

Glenn said Watson put the value of the Warriors at $30m yet Watson was only prepared to pay him $1m for his half share now.

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‘‘If he really thinks the Warriors are valued at $2m, what’s he really saying?’’ Glenn said.

- Stuff

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