Manly chairman refutes takeover reports
Manly Sea Eagles chairman Scott Penn has denied reports that he is ready to sell the NRL club.
Penn was said to be considering walking away from Manly, with a consortium preparing a takeover bid.
Yet Penn said his family remains committed to the Sea Eagles as the club wait to discover if they have been successful with an appeal against a $750,000 fine for alleged salary cap breaches.
"I don't know where all this is coming from," Penn told NRL.com.
"We are totally committed to the club. We brought in some new shareholders, new investors, about two years ago to help with capital because we have plans for the club.
"And we're all totally committed to the future. We're not where we want to be right now but we also know what we need to do to fix things."
Trent Barrett stated that he is not about to quit in an eventful week at Manly and Penn said the coach has the full backing of the owners.
He added: "Trent's got a long-term contract. He is clear on what he intends to do and we [the board] don't intend to interfere with that.
"We will also be giving him all the support he needs. We met with Trent today on some things, as part of our ongoing dialogue to make sure he has the resources to do his job."