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Saracap Scrutiny
Jonny_C (IP Logged)
11 April, 2019 18:41

 
Re: Saracap Scrutiny
LI Bohemian (IP Logged)
11 April, 2019 19:20
Can someone explain in layman's terms, what Sarries have done wrong?
My understanding is that the player's have set up companies with Wray and are not being paid in any way, then when they stop playing and wind up the company, they get monies from the company (piggy bank) and so, not breaking the salary carp, or is it more complicated?

 
Re: Saracap Scrutiny
DrV'sHairyCraic (IP Logged)
11 April, 2019 21:01
That's pretty much it. I think the issue is how much the players put in for what %

 
Re: Saracap Scrutiny
x_ile (IP Logged)
11 April, 2019 21:32
If a club's relevant staff are squirreling away quantities of loot which collectively amounts to more than 7 million smackers then, regardless of whatever weaselly words are used to describe the transactions, that club is exceeding the SC. End of.

 
Re: Saracap Scrutiny
LI Bohemian (IP Logged)
11 April, 2019 23:52
Yes but the club have informed the premiership about the "non salary cap transactions" and they didn't have to because it was more than they needed to do, therefore, what is the problem?

 
Re: Saracap Scrutiny
MattM (IP Logged)
12 April, 2019 05:50
From my understanding any transaction between the club, the owner(s) or the sponsors and the players should be counted within the salary cap. Its not just about wages and bonuses.



Sponsoring Ollie Hassell-Collins for the 2018/19 season.

Usually found tweeting gibberish (via @MattMerritt)

 
Re: Saracap Scrutiny
Heaf (IP Logged)
12 April, 2019 10:30
If Wray is putting money into a joint fund with the player for them to cash in later and the player is getting out a bigger percentage than he put in originally then that's just a deferred payment and must be included in the cap - not sure if this is what's happening but it does sound a bit fishy. If the player is only getting out what he put in percentage wise then it sounds fine.

 
Re: Saracap Scrutiny
HMRH (IP Logged)
12 April, 2019 13:04
Will be an interesting legal interpretation. Personally I thinks it’s probably “allowed” within the terms of the cap but it seems wrong. Sarries pay a player £x a year and then set up a company for say £200k that makes £30k profit a year which player takes in dividends. That £30k should be counted as salary albeit it may not legally be.

Wray is a clever man and nothing wrong with that bit does feel a way to pay more money to players and stay within the cap

 
Re: Saracap Scrutiny
LI Bohemian (IP Logged)
12 April, 2019 15:39
I think if you can find a loop hole that works outside the ethics of a salary cap, then you should be able to buy your way to success through this unfair advantage, it's what sports is all about. By the time the authorities (sic) try to stay p it out you are too powerful to stop, therefore other teams use this system and the salary cap is side lined, causing some teams to collapse.

 
Re: Saracap Scrutiny
tatthecraic2 (IP Logged)
12 April, 2019 15:41
Look we can cut it a million ways, and even if what he is doing is considered perfectly within the salary cap rules... its a way of breaking the Salary Cap.

Perfectly Legal, perfectly shady, perfectly dishonest. and attracts the squad and the success that they have seen...

GOD FORBID we do this... ID HATE to be so successful and have a backer with the ability to pay over the salary cap.


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