Johnny Lomax should have kept hold of that ball

No s4!t Sherlock

Every time someone drops the ball -"sheer panic!"

TBF that's Eddie's word, not Stevo's. Also it is of Yiddish origin (and they do have some good ones already, oy vey)

It's also in the OED so is deffo legit.

Free online dictionary:-
Noun shemozzle - (Yiddish) a confused situation or affair; a mess

Wiktionary:-
Etymology
From Yiddish שלימזל (shlimazl, “misfortune”), from Hebrew שלא מזל (shellōmazzāl), של (shel, “from, of”) + לא (lō, “not”) + מזל (mazzāl, “luck”)
Noun
shemozzle (plural shemozzles)
A state of chaos or confusion; a muddle.
A quarrel or rumpus.
Verb
shemozzle (third-person singular simple present shemozzles, present participle shemozzling, simple past and past participle shemozzled)
To scarper.
References
[iOED 2nd edition 1989
Macquarie 2nd edition 1991[/i

From the Urban Dictionary, Schmozzle is a word used by a commentator in Gaelic Football;

[iA minor fight, usually an on-field quarrel between GAA players.

Pronounced “sheh-MOZZ-uhl”, this is GAA sporting slang coined by Irish radio presenter Michael O’Hehir. It refers to a minor altercation between players - quarrels that don’t escalate into serious physical violence. A bit of wrestling, a few shoves - ah sure, nothing but a schmozzle.
What's going on over there? oh, it's a bit of a schmozzle.[/i

I find Eddie and Stevo entertaining, and symbolic of rugby league. They will go down in history and deservedly so. Fabulous patrons for our sport, and two of the all time great sporting broadcasters.

You are either taking the pi$$ or are new to rugby league.