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Parramatta Leagues Club board sacked, administrator appointed

El Diablo

Post Whore
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94,107
http://www.dailytelegraph.com.au/ne...d/news-story/3eda121ca114fe8aa802db94aa379ba9

Parramatta Eels scandal: Bankruptcy expert Max Donnelly speaks out on his job to turn Parramatta around
3eda121ca114fe8aa802db94aa379ba9

Nick Tabakoff, The Daily Telegraph
31 minutes ago

THE man yesterday charged with turning around the fortunes of the Parramatta Eels says he needs to act urgently to get the club’s “house in order”.

Ferrier Hodgson bankruptcy expert, Max Donnelly, who led the chase for the assets of fugitive businessman Christopher Skase and crime boss Robert Trimbole, was yesterday charged with rescuing Parramatta from years of salary cap rorting and dodgy deals.

In his first interview after being appointed, Mr Donnelly told The Telegraph that the Parramatta Leagues Club administration was “not a typical appointment” for him.

“Financially, there is no suggestion of any issues at the club,” he said. “The matter is to get proper governance at the Leagues Club and the football club going forward.”

His appointment came on an extraordinary day in the history of the NSW club industry, with the entire Parramatta board sacked and replaced by Mr Donnelly at the instigation of NSW Deputy Premier Troy Grant.

Mr Donnelly said that while the appointment was still fresh, he had some preliminary ideas of what was required to restore the club’s reputation for good governance, to allow it to become a western Sydney powerhouse.

“The immediate issue is getting the house in order for the future; that’s exactly what has got to happen.”

Both Mr Grant and NRL boss Todd Greenberg last night echoed Mr Donnelly’s words, with Mr Greenberg saying the club needed “a strong back office with the highest standards of governance”.

Meanwhile, two directors, deputy chairman Tom Issa and Andrew Cordwell, resigned from both the Eels board and its parent, the Parramatta Leagues Club board.

Departed chairman Steve Sharp said he hoped yesterday’s announcement would put a stop to months of revelations started by The Telegraph. “I pray that what’s been found in the last three to four months is the end of it all ... I’m looking forward to spending some time quality time with my family,” he said.

Several Parramatta directors were at their normal day jobs when the axe fell, with ILGA announcing the end of the beleaguered board late in the day. While awaiting the decision, one Eels director confessed to “sitting at the pub waiting to be sacked”.

Mr Issa said he would “leave for others to decide” whether the appointment of an administrator was a correct call
 

phantom eel

First Grade
Messages
6,327
Several Parramatta directors were at their normal day jobs when the axe fell, with ILGA announcing the end of the beleaguered board late in the day. While awaiting the decision, one Eels director confessed to “sitting at the pub waiting to be sacked”.

Mr Issa said he would “leave for others to decide” whether the appointment of an administrator was a correct call
It was a correct call. Now please f**k off Mr Issa, and take your other ex-Directors with you.
 

Gary Gutful

Post Whore
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53,065
What have you done Gronk?

How's Mad Max going to get any work done with Jake peppering him with emails every 5 min.
 

Gronk

Moderator
Staff member
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77,719
What have you done Gronk?

How's Mad Max going to get any work done with Jake peppering him with emails every 5 min.

Was thinking that Jake can hammer Mad Max with his rants instead of posting them here. I think we all deserve some peace and quiet after the last 9 months.
 

Parra

Referee
Messages
24,900
Do you reckon the state govt can jam more pokies into the joint? I've seen a few spaces where you could fit one more.
 

Chipmunk

Coach
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17,379
Do you reckon the state govt can jam more pokies into the joint? I've seen a few spaces where you could fit one more.

I've recently been to the Parra Leagues Club...They've got enough room to fit five times the poker machines they have.
 

Twizzle

Administrator
Staff member
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153,655
Strange that this guy is a bankruptcy expert yet there has never been any indications that bankruptcy has ever been an issue.

I wonder if he is the right bloke for the job.
 

Gronk

Moderator
Staff member
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77,719
Strange that this guy is a bankruptcy expert yet there has never been any indications that bankruptcy has ever been an issue.

I wonder if he is the right bloke for the job.
Being an insolvency expert is not all about winding up.

Many times it involves fixing shit and continuing to trade out of a mess.
 

Twizzle

Administrator
Staff member
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153,655
Being an insolvency expert is not all about winding up.

Many times it involves fixing shit and continuing to trade out of a mess.

Never said it was, no one has ever accused us of not being profitable in fact we constantly hear that we are one of the richest clubs in the NRL.

This guy appears to be a bean counter and I'm not sure he is what we need.
 

Gronk

Moderator
Staff member
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77,719
Never said it was, no one has ever accused us of not being profitable in fact we constantly hear that we are one of the richest clubs in the NRL.

This guy appears to be a bean counter and I'm not sure he is what we need.
That's why he's temporary.

He will appoint his staff and work out how to run factionless elections.

Good luck with that BTW.

Edit: ILGA had to appoint someone with unquestionable integrity. I think they have achieved that.
 

Bigfella

Coach
Messages
10,102
Never said it was, no one has ever accused us of not being profitable in fact we constantly hear that we are one of the richest clubs in the NRL.

This guy appears to be a bean counter and I'm not sure he is what we need.

Maybe we need a true genius like you and el Diablo in there
 

Twizzle

Administrator
Staff member
Messages
153,655
That's why he's temporary.

He will appoint his staff and work out how to run factionless elections.

Good luck with that BTW.

Edit: ILGA had to appoint someone with unquestionable integrity. I think they have achieved that.

yeh, I agree, good luck with that one
 

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