There are fresh fears 110-year-old foundation club Balmain Tigers is on the verge of folding after the Balmain Leagues Club (BLC) was officially placed into voluntary administration.

More than a century of sporting history could come to a premature end after the latest drama involving the new owners of the Leagues Club site at Rozelle. Heworth Construction Group had already lent BLC $300,000 and according to Balmain reneged on a commitment to provide a further $300,000 in urgent assistance.

The Balmain Tigers were involved in arguably the greatest grand final, their 1989 loss to Canberra. Credit:SMH

Balmain Tigers Rugby League Football Club chairman Dr Leslie Glen said the club had been left “high and dry” after entering into voluntary administration at 2pm on Friday. The BLC, established in 1957, is the only significant source of income for the football club, although there are hopes junior footy programs - including SG Ball and Harold Matthews - won’t be affected in the immediate future.

Balmain already had only a tenuous hold of their 25 per cent share of Wests Tigers. The foundation club must repay a five-year, $2.5 million loan to the NRL in November 2021, although the figure will come to well over $3 million once interest is added.