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Salary Cap
HonkyTonk (IP Logged)
08 February, 2018 16:08
[www.premiershiprugby.com]

Premiership Rugby can today confirm that following the completion of the independent audit of Salary spend for the 2016-17 Season, it was established that Wasps had overrun their limit by £40,528.

In accordance with the Regulations, at this level of excess the Club will pay 50p per £1, being £20,264.

“This is not a breach of the Regulations and there is no suggestion it was deliberate,” said a Premiership Rugby spokesman. “A number of adjustments were identified by the independent auditors which resulted in the overrun. These have now been addressed.”

For full details on the Premiership Rugby Salary Cap and to view the Salary Cap Regulations please see www.premiershiprugby.com/salarycap


Read more at [www.premiershiprugby.com]


Might as well just go a break it, not much to stop you really is there!!

 
Re: Salary Cap
talkshowhost86 (IP Logged)
08 February, 2018 16:26
I can imagine the Sarries lawyers filing that one away for future use.

 
Re: Salary Cap
ukms (IP Logged)
08 February, 2018 19:05
Quote:
talkshowhost86
I can imagine the Sarries lawyers filing that one away for future use.

Or indeed the Quins lawyers .... never say never winking smiley

 
Re: Salary Cap
1876-Fez (IP Logged)
08 February, 2018 21:08
Should have used our accountants...never be noticed then ;-)



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Re: Salary Cap
Man from LA (IP Logged)
08 February, 2018 22:48
Strange they should name them when they refused to name the 2 clubs who breached it by a lot more.

 
Re: Salary Cap
ninjafez (IP Logged)
09 February, 2018 00:00
Quote:
Man from LA
Strange they should name them when they refused to name the 2 clubs who breached it by a lot more.

Quite simply the overspend tax was put in after the big fieasco hence the naming



Ninjafez - supporting Sarries and cleaning their signs since 2006!

 
Re: Salary Cap
Jammy Git (IP Logged)
09 February, 2018 00:06
Quote:
talkshowhost86
I can imagine the Sarries lawyers filing that one away for future use.

What, a club being punished as per the rules for breaking the salary cap? That'd be anathema to Sarries, surely...



O Fortuna, velut luna statu variabilis,
semper crescis aut decrescis

 
Re: Salary Cap
talkshowhost86 (IP Logged)
09 February, 2018 06:48
Quote:
Jammy Git
Quote:
talkshowhost86
I can imagine the Sarries lawyers filing that one away for future use.

What, a club being punished as per the rules for breaking the salary cap? That'd be anathema to Sarries, surely...

True.

Although I can just picture a Sarries statement leading with "Yes we broke the rules but we didn't mean to" just after they've happily paid a few million in fines for being 10m over the cap.

 
Re: Salary Cap
Scaramouche (IP Logged)
14 February, 2018 13:17
The sanction is insufficient. Start docking points and playing behind closed doors.



If at first you don't succeed, Try, Try and Try again.

 
Re: Salary Cap
HonkyTonk (IP Logged)
14 February, 2018 13:18
Quote:
Scaramouche
The sanction is insufficient. Start docking points and playing behind closed doors.

Would do Quins fans a favour right now!!!


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