Brumbies chairman Robert Kennedy is adamant the Super Rugby club will remain financially viable despite the payout agreed for departed CEO Michael Jones.
The Brumbies also face hefty legal costs following the ACT Supreme court case which Jones brought after initially being stood down by the board.
Jones left on Monday after reaching a settlement with the club.
Kennedy said on Tuesday that details of the settlement - and the reasons behind it - were confidential but added Brumbies did not require additional funds from the Australian Rugby Union.
He said the Brumbies would now embark on an extensive search for a new CEO.