The game was thrown into disarray on Wednesday following a meeting between Grant and NRL club chairmen in which Grant said a prior “compact agreement” to pay the clubs $100 million was no longer on the table.

Grant cited dwindling participation numbers as the reason the code must revise its funding model in allocating more money at grassroots level.  

 “We’ve clearly had a glitch on Wednesday and I expect to take this forward,” Grant said at a press conference on Friday afternoon.

“I understand perfectly how the clubs feel because we own two clubs (Newcastle and Gold Coast) … and as a commission we have multiple things to respond to.

“They need money — we understand that — but we need an appropriate funding model.

“There was understandably upset in terms of the meeting because there was news for them and it was difficult news.”

Grant said a new model would be set out to club chairmen as early as next week as he attempts to communicate why the game has reneged on its funding promise.

“The original funding model that was on the table we’ve told the clubs that can’t be on the table anymore … we’ve had other priorities (to focus on),” Grant said.

 “Participation rates continue to decline and we have to reverse that.

“The game is in a financially strong position … the discussion is about how we prioritise the investment.

“Our job is to prioritise expenditure for the betterment of the game in the long term.”

Grant confirmed John Coates would lead a constitutional review which was called for by the clubs.