Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Franchises

Parramatta Eels Fear Takeover Bid After National Rugby League Salary Cap Verdict

The scene "has been set for what shapes as one of the most turbulent weeks" in National Rugby League side Parramatta's history, with the club claiming that plotters are awaiting the release of the NRL's salary cap findings to "come out of the long grass and do the privatisation deed," according to Chris Barrett of the SYDNEY MORNING HERALD. On Tuesday the NRL "is expected to announce the outcome of the Integrity Unit's investigation into Parramatta's third-party deals," a development that depending on the severity of any penalty determined by CEO Todd Greenberg "could cripple an otherwise promising season." Parramatta Chair Steve Sharp declared on Sunday the club was ready to appeal sanctions in the courts, arguing they have not been afforded "natural justice and procedural fairness." Sources close to the board said that they "have already assembled a team of barristers ready to take on League Central." Directors "are also readying to front members at Monday night's annual general meeting of Parramatta Leagues Club at which the board, which runs the Eels, will attempt to to fend off what they believe is a behind-the-scenes campaign to capitalise on the cap drama and privatise the NRL club." Sharp: "It's an ever-present concern. Right now the proponents are hoping the salary cap investigation weakens the club so they can come out of the long grass and do the privatization deed." Members of the Eels hierarchy said that they are wary of former Macquarie Bank exec Bill Moss, who said last year he would "be happy to be part of a syndicate" to facilitate privatization, believing it to be "the only way forward for a club beset by internal politics and dysfunction in recent years" (SMH, 5/1).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2016/05/02/Franchises/Parramatta-Eels.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2016/05/02/Franchises/Parramatta-Eels.aspx

CLOSE