Phil 'Gus' Gould Set To Quit Penrith Panthers

No, no, no, no, no.

Phil "Gus" Gould's famous TV commentary catch-phrase is surely a close approximation of conversations at the Penrith Panthers on Tuesday, with confirmation Gould will part ways with the club.

Gould, a Channel Nine commentator, is also general manager of football at the Panthers, who have had a terrible start to the year, losing four of their first six games after being tipped as potential premiers by many.

Panthers Group CEO Brian Fletcher told AAP that Gould was set to be made redundant from his role as general manager of football.

"(Chairman) Dave O'Neill and myself met with Gus this morning," Fletcher said.

"He believes his job here at Penrith is done and his position is now redundant.

"I will take that to the board tomorrow and Gus will move onto the next phase of his life."

There is strong speculation Gould is not getting along with coach Ivan Cleary, who came to the Panthers in 2019 after breaking a contract with the Wests Tigers.

Cleary had previously been sacked from the Panthers by Gould in 2015, but was re-hired by the Panthers prior to the 2019 NRL season to coach a team which includes his son Nathan, the team's star halfback.

Gould had attempted to recruit seven-time premiership winner Wayne Bennett in the off-season, but was overruled by the club board.

Gould took up a back office role with the Panthers in 2011, and was the driving force behind the construction of their $22 million academy, guiding the club to widespread success in the lower grades.

However he has been criticised for not delivering a premiership, and was often mocked for not delivering on his "five-year plan" to win a title -- a policy he denied ever bringing to the table.