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.
Max Donnelly reportedly told the directors they would be sacked if they didn’t quit. Picture: AAPThe 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”.
Replies
Depends If you find the elephant man a looker, id say she's a cross between him and either Quazimodo or the guy out of the cher movie Mask.
Speaking of lookers - Max looks like he's slammed a keg.
Others obstinately clung to their posts and history will judge them for that.
Now, enough of the past and onto a brighter future.
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