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Broncos install News Corp executive as battle with Melbourne Storm rages

Business

The Broncos have been forced to install a News Corp executive as an interim chief executive as the courtroom battle with the Melbourne Storm appears to becoming a drawn out affair.

 

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The club announced Neil Monaghan, a managing director of News Corp business services and a current director of the Broncos, would take on the role as the fight with the Storm over Dave Donaghy enters the courts. News Corp is a major shareholder of the Broncos.

Donaghy was expected to take on the role from tomorrow after Paul White finished with the club on the weekend.

The Storm is trying to enforce a non-compete clause in Donaghy’s contract which would mean he could not take up the Broncos job until August.

But in the background to the Donaghy fight is Melbourne’s coach Craig Bellamy and the apparent desire of the Broncos to lure him back to Brisbane.

The Storm claims Donaghy knows all the details of not only player contracts, but also Bellamy’s and would know what it would take to attract him north next year when his contract expires.

The Broncos said Donaghy’s appointment date would be confirmed in due course but until then Monaghan would take on the role.

“This will ensure continued strong leadership for the business during this transitional phase until Mr Donaghy’s commencement,” the club said.

The club said Monaghan would be paid under the same terms as Donaghy.

 

 

 

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