Malthouse guided Collingwood to a premiership win after the first drawn AFL/VFL grand final since 1977, where Collingwood under Malthouse claimed premiership success with a resounding 56-point win over St Kilda in the replay in the 2010 AFL Grand Final, where the final score was Collingwood 16.12 (108) to St Kilda 7.10 (52). This was the club's biggest ever win in a grand final and the first since 1990. In the 2011 season, Malthouse guided Collingwood to another grand final against the Geelong Cats. After the dramatic three point win over Hawthorn in a preliminary final, he was shown on TV in tears in the coach's box after his side came from 17 points down at the final change to book their place in Malthouse's fifth grand final as Collingwood Football Club senior coach and his eighth overall. Collingwood under Malthouse lost the 2011 AFL Grand Final to Geelong by a margin of 38 points, where the final score was Geelong 18.11 (119) to Collingwood 12.9 (81). The game was his final one as Collingwood Football Club senior coach, as Malthouse handed the coaching reigns to assistant coach Nathan Buckley after the game, as part of the planned transition in the two year succession plan. Malthouse also stated that he would not be taking on the position as Director of Coaching at Collingwood after the loss and that he had made this decision six weeks earlier. In addition, while coaching Collingwood, Malthouse spent time as a guest media commentator for SEN 1116. Year later in 2019, Malthouse told the Herald Sun of the circumstances of his departure from Collingwood as senior coach and was asked if he considered the club’s decision to seek a coaching handover deal the equivalent of a sacking? Malthouse said: “Yeah, I do, I have always thought that”. Malthouse then stated that the director of coaching job description role he had agreed to in the middle of 2009 was nothing like how it was going to look in actuality at the end of 2011. “I must have spoken to Nathan Buckley, I can’t remember when, and he said ‘Look, I don’t want you in the coaches’ box, which I can understand, but he should have said at the time when they signed the deal” Malthouse said. Buckley said "I don’t want you talking to the coaches on the bench; I don’t want you talking to the