Crisis rocks Parramatta club as director quits

[parra-matters]

i have no problem with the CEO driving a sponsors car as long as it wasn't part of the deal to get the sponorship, if it's just a extra who really cares?

 

[Eels Dude]

I'd almost say the opposite?

Spagnolo is a crafty businessman who brings a high level of financial nous to the board. It means he does things which many of us might not like, but it means we were the best performed club financially in the past year; and his ruthless attitude seems to mean that we're very competitive in the player market.

Maybe. That's not always a good thing though if you get my drift. I won't say any more.

 

[Gronk]

That's none of our f**king business. :roll:

Suity

Well yeah. Having assets of $3m at his age after a decade or so of solid income should not raise any eyebrows. He might also be getting a handy parlimentary pension which would add to his Eels salary.

 

[The EELiminator]

Is it just me or does Parra have a 'crisis' about 3 times a year?

we have a crisis whenever the telegraph needs a headline

 

[oldmancraigy]

Well yeah. Having assets of $3m at his age after a decade or so of solid income should not raise any eyebrows. He might also be getting a handy parlimentary pension which would add to his Eels salary.

correction.

He WOULD also be getting a handy parliamentary pension.

Stupid rules that give you the pension for life no matter how long you served.

 

[Gronk]

we have a crisis whenever the telegraph needs a headline

It was Fairfax this time around Champ.

 

[Parra Pride]

It was Fairfax this time around Champ.

We have a crisis when anyone, anywhere wants to sell their paper.

 

[The EELiminator]

It was Fairfax this time around Champ.

we have a crisis whenever they need one too

 

[Jake the snake]

My views are and comments;

• He needs to fall on his sword, cannot believe his wife would just go off and spend $35k on his business credit card- (pin number or signature!!!)
• Credit card statements are received monthly- did he just ignore the transactions???
• Spagnolo very silly in lending him money given his past
• Why is a CEO driving a car provided by a sponsor
• He stated he was confident he had "cleared his debts to club", he should know 100%!
• How do you purchase a $920k and $1.9m properties within 2 years on $270k a year salary with a wife and 9 children?

What's wrong with driving a sponsors car? Is it a crime??

 

[The EELiminator]

What's wrong with driving a sponsors car? Is it a crime??

im not sure does it count under fringe benefits tax? even if its legal its not a good look it opens up a can of worms and could look like favouritism which might piss off the other sponsors

 

[Suitman]

Well yeah. Having assets of $3m at his age after a decade or so of solid income should not raise any eyebrows. He might also be getting a handy parlimentary pension which would add to his Eels salary.

We don't even know if he has $3 m in assets, and as I said, it's none of our business.

Suity

 

[Delboy]

On driving the car, the one that came with the job was in a bad accident and was off the road for a number of weeks. The sponsor lent the CEO a car until the club's one was repaired

The accident was close to my home and was pretty nasty, unfortunately it was the CEO's daughter who was driving. That part of the headline is a massive beat up to be honest, I have no idea on the rest of the stuff, but on the surface it isnt a good look

 

[IFR33K]

Well yeah. Having assets of $3m at his age after a decade or so of solid income should not raise any eyebrows. He might also be getting a handy parlimentary pension which would add to his Eels salary.

Don't forget all the baby bonuses:sarcasm::sarcasm:

In all seriousness, it would be very easy for him to have bare minimum assets totaling 3 million. Worked as a police officer, politician, first grader and now CEO.

 

[Maroubra Eel]

The facts are very vague and conflicting in this article. I think I'd like to wait and see what the real facts are.

Id say that if Ozzie had done too much wrong the board would have shown him the door.

 

[bartman]

Mr Duncan declined to comment on the Osborne matter yesterday, except to say: ''The recent decisions of the Board go against all my business principles which place me in a position of no longer being able to meet my expectations and duties as a director.''

Wow, to be honest it's hard to think of another quote that could be more scathing of the current practices of the current Board. This is clearly nothing to do with Fitzy or Ando, no matter how some people on here might like to paint it....

As a fan I really hope Duncan puts his energies into organising an opposing ticket for the next Board elections, rather than walks away from the club (taking his sponsorship with him). The Spagnolo and Osborne show has to be running on borrowed time... the Emporer's New Clothes effect has to be wearing off amongst most of us fans/members by now, doesn't it?

 

[Parra Pride]

I think Yoda should be our next CEO.

 

[eels81236]

On driving the car, the one that came with the job was in a bad accident and was off the road for a number of weeks. The sponsor lent the CEO a car until the club's one was repaired

The accident was close to my home and was pretty nasty, unfortunately it was the CEO's daughter who was driving. That part of the headline is a massive beat up to be honest, I have no idea on the rest of the stuff, but on the surface it isnt a good look

Why?

 

[Eels Dude]

Why?

Why not? Didn't your parents lend you their car occasionally when you were a teenager, or give you driving lessons?

This whole affair is pretty unsettling and the answers given aren't really explaining anything. I do believe it's a beat up to a point, but only to a point. I was glad when Fitzy and his mob got ousted and we needed a breath of fresh air. Not sure this new air is that fresh though.

 

[bartman]

Why not? Didn't your parents lend you their car occasionally when you were a teenager, or give you driving lessons?

Usually there are strict rules around work/company cars. At least in my experience. In professional organisations. Ones of the type businessman Glenn Duncan would feel comfortable remaining a part of, for example.

Who's actually left on our Board now? Teflon Spagnolio, Sid Kelly and a bunch of real estate developers...? :crazy:

 

[parra-matters]

#MARYforCEOParraeels