The redevelopment will include a new carpark for 1000 cars, a 200 room hotel, fitness and aquatic centre, ten pin bowling centre, training centre for the Eels plus renovations to the main club and the Vikings Club in Dundas Valley.
A DA for the carpark is expected to be submitted to Parramatta Council this week.
At the hotly-contested board election of 27 candidates, held over four days, all seven of the ParraFirst team was elected to the seven-member board.
The next best candidate was Mark Riddell who was running for rebel tickets backed by former powerbrokers Denis Fitzgerald and Roy Spagnolo.
At Monday night’s AGM, Steve Sharp was re-elected president of the licensed club and chairman of the Eels with Tom Issa his deputy.
Other directors are the re-elected Geoff Gerard and Peter Serrao with newcomers five-times Parramatta lord mayor Paul Garrard, former Parramatta state MP Tanya Gadiel and businessman Andrew Cordwell.
Mr Issa said it was unusual for an entire team to take out all seven board positions, the last time in 2011.
“We thank everyone who supported us and voted for a united board,” Mr Issa said.
Mr Sharp said he was proud the club returned a profit of $12.5 million over the last year and had plans for a ‘’sporting and entertainment hub” that was long overdue.
He also pointed to the success the Vikings Club that the previous board was set on selling.
The Vikings has gone from a $52 million loss in 2013 to a profit of $153 million in 2004.
Mr Sharp said coach Brad Arthur’s contract would be extended to 2017.
“Season 2014 saw our first grade team win more games than the previous two seasons combined,” Mr Sharp said.
With new players signing up, Mr Sharp said there would be more wins ahead. “This is an exciting time for Parramatta Leagues, both on and off the field,” he said.
New sign-ups Danny Wicks, Brad Takairangi, Reece Robinson, Richie Faáosa and Anthony Watmough are expected to give the Eels some oomph.
Mr Sharp told Western Sydney Business Access that having stability in the running of the club, after years of in-fighting, was important when a major upgrade was planned.
CLUB OF FUTURE: $100 mill upgrade includes
● Sterling Room conversion to bar.
● Merchandise store in upgraded foyer.
● Refurbishment of toilets.
● Multi-deck carpark for 1000 vehicles.
● High performance centre at Old Saleyards Reserve.
● 200 room hotel.
● Fitness and aquatic centre.
● Ten pin bowling centre.
● Renovation of Vikings Club.
