Sheedy pulled out when he became aware of comments made by March (on the footy show earlier in the year i think) along the lines that Sheedy would not be coaching Richmond.
"At no stage would I really want to be coaching while Gary March is president. I didn't realise he had said on The Footy Show that I would not coach while he is there.
"I feel awkward that I've embarrassed myself and the club. I had not known that was said. I'm putting my hand down so I don't cause a revolution. I actually thought I'd be a revelation."
http://www.news.com.au/adelaidenow/story/0,22606,25767480-5016212,00.html?from=public_rssI'd say it's made their working relationship untenable and that's why he left. Another case of someone opening their trap in their desire for the limelight and it coming back to bite them.
More to the point, probably, if that was his attitude, he should have told Sheedy that face to face before sheedy even got to stage he did in the whole episode. Very poorly handled by the President. I wonder if the members will remember that when he is up for re-election?