George Piggins ended more than a decade at the helm of South Sydney as the National Rugby League club's warring parties reached a compromise only days before the football club elections.

Piggins stood aside to let club lawyer Nick Pappas assume the chairmanship after a three-hour meeting between the pair this morning.

The club's new nine-man board will include only three members of the rival Pappas ticket - media personality Ray Martin, former NSW premier Nick Greiner and accountant Nick Hatzistergos.

Five members of Piggins' existing board will remain under the compromise agreement, which warded off a potentially bloody Annual General Meeting on Sunday.

"I am relieved," Piggins said after his 13-year reign as Souths chairman came to an end.

"It's a hard job. I don't think they're getting a picnic. In three years time he'll (Pappas) be a lot greyer than what he is now I'll tell you that."

Pappas approached Souths chief executive David Tapp this morning and asked him to contact Piggins to arrange a meeting between the parties.

After hours of to-ing and fro-ing, the pair were able to decide on a board which was palatable to both parties.

The board is assured of being ratified at the elections as the only candidates after Pappas and Piggins convinced the three independents to withdraw.

The deal ended nearly a week of in-fighting at the Rabbitohs following Pappas' announcement last week that he would be leading a campaign to unseat Piggins.

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