Parramatta. Eels 'open' to privatisation

Denis Fitzgerald, Parramatta Eels’CEO, said privatisation of the club was an option at a time when some clubs may not survive the global economic crisis. “Sure, we are open to that possibility, or part thereof,” he said in the Sun Herald, while saying there were no current expressions of interest of buying into the club. Mr Fitzgerald said the best way for players to secure their future would be to take a pay cut. “There’s just not enough money to keep things going the way they are.” The paper reported the Eels were down 20 per cent on sponsorship compared to this time last year.