The Gold Coast Suns have confirmed a deal has been agreed to bring Rodney Eade to the club as senior coach.
Eade, who was still contracted to Collingwood as its football director, had been identified by the Suns as the preferred candidate late last week, but the Magpies were eager to receive compensation for letting him go.
But on Thursday afternoon, the Suns released a statement saying a "mutual agreement" between the clubs had been met, and Eade was able to take up the position on the Gold Coast.
"We are really pleased to have landed someone with the credibility, knowledge and experience of Rodney Eade," Suns chairman John Witheriff said.
"Confirmation of the appointment followed meaningful negotiations as Rodney had an employment contract in place with Collingwood, however, a mutual agreement was reached between our two clubs, and we are now extremely happy to ratify Rodney as our new senior coach.
"These discussions have also been the catalyst to forming a partnership between the Gold Coast Suns and Collingwood Football Club to further grow our great game in Queensland and we look forward to expanding on this in the near future."