NRL News: Eels May Lose Foran And Pay To Seven Figures For Contract Damages
Star five-eighth Kieran Foran may leave Parramatta Eels and still receive a quarter of his four-year $4.8 million deal due to breaches in his contract according to reports.
Former Chief Executive Officer Scott Seward, who resigned from his position a week ago, originally made the deal. However, The Eels’ board claims that they do not know about the said deal adding that they were unaware of two clauses in Foran’s contract.
The club released a statement on Monday saying that Seward negotiated Foran’s contract by himself and did not inform them about the two clauses. They added that Parramatta Eels had been working with National Rugby League and Foran’s managers over two clauses in the deal that were previously undisclosed to the board and senior football management.
"The discussions have been productive and it is the club's understanding that issues surrounding these clauses can be resolved," Parramatta Eels, who believes the issue can still be resolved after negotiations, said in a statement.
"The club is extremely disappointed that these confidential discussions have been made public."
Reports said that the agreed contract had dissolved and can become null and void because of the Eels’ attempts to change it. This will give the New Zealand playmaker a chance to pull out of his 4-year deal due to damages in contract and still get paid as per James Hooper of the Daily Telegraph.
Parramatta’s salary cap problems would worsen if, in case, Foran was to claim damages of an estimated $1.2 million. Going back in the 2015 season, the club was fined $525,000 for breaching contracts.
The Kiwi international, who left the Sea Eagles at the end of 2015 season to join the Eels from 2016, has played 138 NRL games. He is the current vice-captain of the New Zealand Kiwis and played for 19 Tests for NZ. Eels boos Steve Sharp backed up the acquisition of the 24 year-old international as a great endorsement for the club’s positive transformation over the last two years.