NRL Press Conference
SYDNEY, AUSTRALIA - SEPTEMBER 03: Australian Rugby League Commission Chairman Peter V'landys speaks to the media during a NRL press conference at Rugby League Central on September 03, 2020 in Sydney, Australia. (Photo by Mark Metcalfe/Getty Images)

Peter V'landys is back to his best, and now the ARLC chairman wants rugby league club's futures sorted for the next 100 years.

As the financial feud between NRL clubs and the governing body begins to wind down, the dust is settling and the result is becoming clearer, revealing a big win for struggling clubs.

The two parties have created a future funding model for the NRL, giving relieving assurance to clubs with murky futures in the competition, guaranteeing they'll remain in the NRL for as long as they wish.

SYDNEY, AUSTRALIA - SEPTEMBER 03: Australian Rugby League Commission Chairman Peter V'landys and National Rugby League Acting Chief Executive Andrew Abdo arrive a NRL press conference at Rugby League Central on September 03, 2020 in Sydney, Australia. (Photo by Mark Metcalfe/Getty Images)

V'landys played a key role in finding the mutual ground, the chairman revealing the NRL is on the cusp of of a practically infinite license period.

“We are going to introduce perpetual licenses which run forever.

“The law says we have to put a figure on it so it will be 99 years for arguments sake," V'landys told News Corp.

The current agreement comes to an end in 2023, the new funding model putting ease to clubs that were reportedly considering not signing the upcoming agreement due to the feud.

It means an end to the current negotiation system.

“From here on the clubs won't have to sign a new agreement every 10 years,” V'landys said.

SYDNEY, AUSTRALIA - APRIL 25: The Dragons kick off after half time at sunset during the round eight NRL match between the Sydney Roosters and the St George Illawarra Dragons at Allianz Stadium on April 25, 2017 in Sydney, Australia. (Photo by Ryan Pierse/Getty Images)

While it does give guarantees to clubs that aren't as financially well off as their rivals, the licenses can still be cancelled under an extreme circumstance, with V'landys using the current Titans ownership as an example.

“Right now the Titans have two great owners,” V'landys told News Corp.

“I hope they keep the ownership forever.

“But what if they decide to sell down the track?

“What if we find out a year later that the new owner is actually an international cocaine smuggler.

“What if he goes to jail. It's only that sort of scenario that might put a license at risk.”

The funding model is set to be confirmed in the 2023 agreement, with the NRL also adding in an equality factor to the deal, meaning that clubs will need to fill a certain number of seats on the board and senior internal positions with women.