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Under-fire Brumbies CEO Michael Jones will step aside from his role next week, with the Brumbies announcing late on Saturday that they have reached an agreement with Jones that will see him depart from the organisation in an ‘orderly hand over’.
The Brumbies say that the terms under which this will take place are to remain confidential, and neither party will make any further comment on the events that have led to Jones’ departure.
“I want to reassure our business partners, stakeholders, players, staff and members that the Board has full confidence in the remaining executive management team within the Brumbies and our current financial position to continue operations throughout the 2016 season,” said Brumbies Chairman Robert Kennedy.
“We are immensely proud of our Rugby program at the Brumbies and once again we’ve had a positive start to the season both in terms of on-field results and crowd support. I would ask all Brumbies fans to rally behind the team and continue to show their support in what we hope will be another successful year”.
The agreement comes after a month of drama in the office and the courts which saw Jones originally stood down by the board only to win his job back under temporary whistleblower protection.
The announcement was released during the Brumbies’ 10-23 loss to the Highlanders.
After a troublesome time the Brumbies will now look to move forward and make the best of what remains of the 2016 Super Rugby season, though this incident is bound to leave them with some headaches, particularly in a financial sense.
Jones’ pay-out to leave the organisation has been reported as being in the realm of $500,000 or $700,000, a price tag that could have a significant impact on the Brumbies going forward.
Former player Joe Roff has been floated by some as a potential candidate to be Jones’ eventual replacement as CEO.
Join The Roar rugby editor Christy Doran, former Wallaby Matt Toomua and a cast of regular and special guests as they look at the biggest issues in the game on The Roar Rugby Podcast. If you’re looking for great odds on the next game check out Aussie bookmaker PlayUp. Chances are you’re about to lose. Set a deposit limit.