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Kieran Foran to walk away from Parramatta Eels contract
KIWI test superstar Kieran Foran could be forced to walk away from his four-year $4.8 million deal to join Parramatta after the Eels attempted to alter the terms of the contract.
The Daily Telegraph can reveal Foran has got cold feet after a change in the Eels management structure, with the departure of CEO Scott Seward leading to Parramatta failing to recognise certain elements of the agreed four-year deal. Essentially, the agreed contract has dissolved and can become null and void because the Eels are attempting to change it.
The NRL is aware of the situation, with salary cap auditor Jamie L’Oste-Brown monitoring it closely for the past month. With Parramatta facing the very real prospect of starting the season on minus four points next year amid a second tier salary cap mess, the NRL has privately been fearing this may have a flow-on effect on marquee signing Foran. The development will mean one of the best playmakers in the NRL is now a free agent for next season A raft of rival NRL teams including his existing club Manly will be guaranteed to be hell bent on signing him. The Parramatta Eels are in damage control, with the club refusing to recognise the deal signed off on by Seward. The Eels claim they never ticked-off on Foran having a get-out clause inserted in the contract which allows the Kiwi five-eighth to walk away at any stage. Incredibly, part of the clause includes detail stating the Eels must pay Foran a massive payout in damages. The Daily Telegraph has been told this was one of the fundamental reasons why the Parramatta board refused to rubberstamp a contract extension for CEO Seward, which led to the Eels official walking away from the club. Seward was the Parramatta powerbroker who handled the majority of negotiations in relation to the Foran contract.
KIWI test superstar Kieran Foran could be forced to walk away from his four-year $4.8 million deal to join Parramatta after the Eels attempted to alter the terms of the contract.
The Daily Telegraph can reveal Foran has got cold feet after a change in the Eels management structure, with the departure of CEO Scott Seward leading to Parramatta failing to recognise certain elements of the agreed four-year deal. Essentially, the agreed contract has dissolved and can become null and void because the Eels are attempting to change it.
The NRL is aware of the situation, with salary cap auditor Jamie L’Oste-Brown monitoring it closely for the past month. With Parramatta facing the very real prospect of starting the season on minus four points next year amid a second tier salary cap mess, the NRL has privately been fearing this may have a flow-on effect on marquee signing Foran. The development will mean one of the best playmakers in the NRL is now a free agent for next season A raft of rival NRL teams including his existing club Manly will be guaranteed to be hell bent on signing him. The Parramatta Eels are in damage control, with the club refusing to recognise the deal signed off on by Seward. The Eels claim they never ticked-off on Foran having a get-out clause inserted in the contract which allows the Kiwi five-eighth to walk away at any stage. Incredibly, part of the clause includes detail stating the Eels must pay Foran a massive payout in damages. The Daily Telegraph has been told this was one of the fundamental reasons why the Parramatta board refused to rubberstamp a contract extension for CEO Seward, which led to the Eels official walking away from the club. Seward was the Parramatta powerbroker who handled the majority of negotiations in relation to the Foran contract.
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