HOBART has withdrawn from its joint venture with North Hobart to establish a new State League inner-city licence for next season.
Tigers president Sean Sullivan said it was a difficult decision, made in the best interests of everyone connected with the club.
"It had reached a point where we could no longer ignore the groundswell of support for the continuation of the Tigers - even if it were to be in another competition," he said.
"The board believes that it could not in good faith take the club in two directions at the same time."
Sullivan said he believed that AFL Tasmania should have offered the new licence to either Hobart or North Hobart in the first instance, rather than push for a joint venture.
"The losing club would have been disappointed but would have moved on - both clubs have said as much since.
"Pushing the two clubs together in a 50-50 joint venture that neither has been entirely comfortable about has been challenging.
"The club has tried to persevere and worked hard to make the concept work.
"It had become apparent that there was a groundswell of support for retention of the Tiger logo and colours, so much so that the HFC board believed it was too great to ignore."
He said Hobart would continue to support the new city club and expected that it would be the home for many from its current player group.
"We will support these players and ensure that the transition is smooth.
"However, there are many other current players who have indicated that they wish to continue to play for the Hobart Tigers.
"We listened to this group and also to a growing band of old players and supporters who have put up their hands to be part of the Tigers into the future."
Sullivan said the club had applied to join the SFL competition from next season and would continue to play in the black and gold with the TCA its home ground.
Hobart is the second club to reject a joint venture proposal and opt out of the TSL competition following South Launceston's decision not to a share a new Prospect-based licence.
It is understood that AFL Tasmania will take up a 50 per cent share in the inner- city Hobart licence, bringing the number of TSL clubs in which it will holds a half-stake to four - along with Kingborough, Prospect and a new Devonport licence.