What's new
The Front Row Forums

Register a free account today to become a member of the world's largest Rugby League discussion forum! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Parramatta Leagues Club board sacked, administrator appointed

Gronk

Moderator
Staff member
Messages
74,083
Parramatta salary cap: Last Eels director quits as administrator takes control of club

AN era is over at Parramatta, with the five remaining Eels directors falling on their swords, to be replaced by a new board of three Ferrier Hodgson insolvency experts, led by the Parramatta Leagues Club’s new administrator, Max Donnelly.

Mr Donnelly will now be the interim chairman of the Eels. The remaining directors, chairman Steve Sharp and fellow directors Peter Serrao, Geoff Gerard, Tanya Gadiel and Paul Garrard have all now resigned from the board.

The remaining directors, deputy chairman Tom Issa and Andrew Cordwell, had already resigned on Monday from both the Eels and the Parramatta Leagues Club boards on Monday.

The board has now been replaced at the Eels by Mr Donnelly and two of his fellow partners at Ferrier Hodgson, Steve Sherman and Jim Sarantinos.

It is also expected that Leagues Club boss Bevan Paul will shortly also be appointed as the Eels’ interim CEO.

The last director to fall on his sword yesterday was former Parramatta Lord Mayor, Paul Garrard, after consultation with Mr Donnelly. It is understood Mr Donnelly made it clear to Garrard and others that they would be terminated if they did not quit.

Mr Donnelly has told the Daily Telegraph that the main issue for the club is “to get proper governance at the Leagues Club and the football club going forward”.

He says the club now has in place “the appropriate interim arrangements to allow for the continuity and direction of the football club operations”.


http://www.news.com.au/sport/nrl/ee...b/news-story/73070a306d80a9c857d485296df3d3a7
 

Poupou Escobar

Post Whore
Messages
85,095
This is the Eels though. It's only a matter of time before Max and his two mates are at each other's throats, with a different crowd of hangers-on backing each of them.
 

strider

Post Whore
Messages
78,631
Still not sure whether I should be in the 'Max' or 'other guy from Ferrier Hodgson' camp just yet. I need El D and Jake to help me decide.
Max seems to be ok with Bevvy ... so we know who jake will point you toward ... now we just have to find out if any of them are buds with john grant
 

Twizzle

Administrator
Staff member
Messages
151,032
So far Max is doing OK. Thats not normally some thing we say about our front office. 1 week and no f**k ups is a good thing.
 

El Diablo

Post Whore
Messages
94,107
http://www.smh.com.au/rugby-league/...-with-north-sydney-bears-20160723-gqc9p6.html

How Max Donnelly stopped Parramatta Eels merging with North Sydney Bears

July 23 2016 - 8:00PM
Adrian Proszenko


Interim Eels boss Max Donnelly could well be presiding over the Parramatta Bears had he not blocked a push to merge the Eels with foundation club North Sydney.

Donnelly was the voluntary administrator of the North Sydney Rugby League Club when financial difficulties forced it out of the NRL competition at the end of 1999. The Bears, desperate to remain in the top grade, looked at suitable merger partners and considered Newcastle before ultimately entering into the ill-fated venture with Manly that produced the Northern Eagles.

However, before getting in bed with the Sea Eagles, the Bears considered overtures from Parramatta about forming an alliance. Long-time Eels chief executive Denis Fitzgerald, the self-proclaimed "Emperor of Parramatta", put a proposal to Norths powerbrokers that could well have changed the course of rugby league history.

However, Donnelly would have none of it.

"Denis Fitzgerald was only interested in a takeover, not a merger, at the time," Donnelly told Fairfax Media.

"Parramatta were a financially very powerful club and they didn't need a merger, they may have had one if they could gain something out of it. I guess that's what Denis Fitzgerald was after at the time.

"The Bears' boundaries were [with] Parramatta because they stretched right up to the north shore, up at Waitara, and that linked onto the back of Parramatta's territory. The Bears' natural merger partner was either Parramatta or Manly or Newcastle, although Newcastle were never really interested.

"From memory, Parramatta wouldn't agree to even one game at the Central Coast or North Sydney Oval. It was a complete takeover – they said 'we'll take over, take your players, take on your liabilities, but we won't compromise a game or do anything'.

"It wasn't like I was in a great bargaining position – I had an insolvent club, as opposed to Parramatta. So the only place I could merge with was Manly and the league gave us $9 million. That fixed Manly's problems, Norths' creditors got paid and the Northern Eagles got some funding to start with and the clubs could fund it 50-50."

While the Northern Eagles were wound up in 2002, Donnelly has the utmost confidence in Parramatta's long-term future. Its leagues club is trading strongly, he has appointed leagues club chief executive Bevan Paul as the interim boss of the football club – "we've agreed to 30 days but that may end up being 60" – and the search is underway for a new Eels board, chief executive and football manager.

Donnelly will oversee the transition after being appointed temporary administrator of the leagues club and, subsequently, the chairman of the football club. He has been impressed with the ability of Brad Arthur to insulate his team from the seemingly endless crises plaguing the Eels and indicated he was keen to retain the coach beyond his current contract, which expires in 2017.

"My personal view – and he is contracted until next year – is that you'd want to leave him on," Donnelly said.

"Maybe that's something I should be leaving to the new CEO and the board. But having said that, I can't defer things that need to be done. We have a playing roster that goes up and goes down, so you've got to keep trading like normal.

"I think the coach has done an amazing job. I've only met him this week. Before I'd met him, just as an observer of rugby league, he seemed to be doing an amazing job.

"You look at what happened at Cronulla. It was a totally different problem, but it was still a club-based problem and they ended up with the spoon."

On Tuesday, at the invitation of Arthur, Donnelly will address the players for the first time. Asked what message he will deliver, the veteran executive said: "I can imagine I'd introduce myself, tell them about the changes to the board, tell them nothing changes.

"There might be less people in the dressing room. Just do what your contract says and the line of communication doesn't change, it's just a different board. It shouldn't affect the players at all.

"Somehow, [countless scandals] don't seem to have affected the players in terms of performance. When they go out on the field, I don't think they're thinking about the board. I hope they're not."
 

emjaycee

Coach
Messages
13,050
Early days but I like the cut of Max's jib.
He has enough football knowledge from his days at Nths to know what needs to happen but also seems to understand that its not meant to be the day job of the Board.
He doesn't seem addicted to the linament.
 

El Diablo

Post Whore
Messages
94,107
"Trying to promote rugby league in Melbourne is like trying to promote beach volleyball in Iceland"
 

Parra

Referee
Messages
24,896
Early days but I like the cut of Max's jib.
He has enough football knowledge from his days at Nths to know what needs to happen but also seems to understand that its not meant to be the day job of the Board.
He doesn't seem addicted to the linament.


I don't know anything about the bloke, your comclusion based on time at Norths is strange. Norths were steered to an untimely and unnecessary death. I'm not suggesting that will happen to us but I don't consider Norths experience from that era as a positive.
 
Top