McGuire was re-elected unopposed for another three-year term in February this year
McGuire's surprising call means he will have served Collingwood for a total of 23 years, having taken over the presidency and control of the board at the end of 1998 as a 34-year-old former journalist and high-profile media host. "I have given everything I have to this position and now it is time for the club going forward, I will stand down at the end of next year and spend the rest of my time as president setting up a new era of Collingwood."The decision came as a huge shock to Collingwood people. McGuire did not divulge his plan to the board or executive before making the announcement, discussing it only with his wife Carla and their two sons.