Eddie McGuire has reportedly stood down as president of Collingwood.

The AFL club will hold a media conference for 4.15pm AEDT where The Age reports McGuire will announce he is quitting his post.

Late last year McGuire revealed his intention to step down at the end of 2021, but the severe backlash that erupted after his response to a damning report that accused Collingwood of fostering “systemic racism” has hastened that exit.

Speaking last week after the report was leaked to the media, McGuire said it was a “historic and proud” day for Collingwood, sparking calls for his immediate resignation.

Despite saying at the time he had no desire to quit before the end of next season, McGuire has fallen on his sword.

More to come…



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