NRL salary cap auditor Ian Schubert's approval of a deal for Israel Folau to join Parramatta next season has come too late, with the former AFL convert turning his back on a return to the code to take up a lucrative offer in rugby union.
After weeks of protracted negotiations between the Eels and the NRL, Fairfax Media understands that Schubert had agreed on Wednesday to register a contract for Folau if he accepted a $3 million, four-year deal tabled by the club.
It has also been revealed that NRL interim chief executive Shane Mattiske had met representatives of Folau before his decision to quit AFL and Mattiske has since been helping the Eels to address salary cap issues.
However, the 23-year-old former Test and Origin star stunned Parramatta coach Ricky Stuart and other Eels officials on Friday when he told them he had decided to accept a bigger offer in rugby union, believed to be from a wealthy French club.