PARRAMATTA’S horror year punctuated by a salary cap scandal, player misdemeanours and boardroom squabbles has led to the NRL club losing $11 million.

A letter has been sent to members detailing the cost of the Eels’ forgettable 2016.

Nearly $1 million has gone towards player contract terminations, including Anthony Watmough and Kieran Foran, with around the same amount paid in fines and penalties.

It is also understood $1.24 million has been spent on legal and other advisors’ fees, much of which is related to five former Parramatta officials appealing their sacking in the NSW Supreme Court.

There has also been loss of sponsorship revenue.

The hit to the club’s bottom line comes as the club attempts to rebuild from a year in which it was effectively ruled out of the finals race when docked 12 competition points for breaching the salary cap.

Corey Norman (illegal drugs possession) and Foran, who departed the club just eight months after signing a massive four-year deal, were also in the headlines for the wrong reasons.

Parramatta Leagues Club will reportedly pick up the bill while also announcing an annual profit of around $4 million.

The letter from Parramatta Leagues Club chief executive Bevan Paul lists all the key areas where the football department’s season from hell impacted the club.

It outlined the $11 million shortfall includes costs of:

— $1.12m fines and penalties

— $1.24m consultants and legal advisers

— $952k player terminations

— $700k in lost sponsorship revenue

— $742k provision for sponsorship bad debt

“Dear Members of Parramatta Leagues Club (PLC) and Parramatta Eels Fans,” Paul said in his message.

“With the conclusion of the NRL season it is time to take stock of a tumultuous year for the company.

“The news that dominated the year was the salary cap and governance issues that ultimately led to the loss of twelve competition points and the removal of the board of directors by the Independent Liquor and Gaming Authority (ILGA).

“There is also an investigation currently being conducted by the NSW Fraud Squad into invoices to the Eels that were allegedly inflated.

“I would like to make clear that the intervention of the NSW Police is in relation to possible offenses committed against PLC members by individuals associated with the Football Club. This is an ongoing investigation and the Club intends to keep members updated as much as possible.”

He confirmed the leagues club would be forced to prop up the football club in excess of $11 million.

“The impact on the Club and members funds is unacceptable and unsustainable and urgent action was needed to mitigate these issues.

“There is more work to do on the Eels and a premiership to pursue however the biggest bushfires are out or under control.

“I look forward to the commencement of incoming Eels CEO Bernie Gurr and all Eels members and fans can look forward to a better year in 2017 under his guidance.