HUGE salary cap breach, Premierships of 2007 & 2009 stripped away and points this season removed

Ouch!

Does this mean Leeds are now WCC's?
Hope the RFL follow the lead & strip Bradford of theirs & relegate Wigan.

Seriously though, Just read it in the SMH,
$1.7 million over in 5 years, 2 sets of books, 3rd party payments!!, bet a few ar5es are nipping at the Halliwell Jones this morning.

KAPOW!!!

They need to implement some kind of "live cap" monitoring. Super League leads the way.

From what mps says, the action should perhaps go even further - two sets of accounts isn't good.

Don't say that, I've got a business to run!

So, just like St Helens cheating to win the title, Bradford cheating to win the title and Hull cheating to win the CC, we see that the only way to beat us, is to
cheat us!

Now than, I need something suitable for my 20 000th post.

From your silly rant, you need another 2 sandwiches to make your picnic up

Blimey, the internet really sucks at irony, deosn't it.

Or maybe it's just Saints fans.....



Damn! Wasted my 20 000th post on this!

What time does Damo wake up?

I await his Leeds should be the WCC thread

Letters to players promising a second set of salary payments kept in a secret file at a club officials house - not good

There is breaking the salary cap due to incompetent accounting, you can even accept clubs breaking the salary cap through incompetent management forecasting, keeping two sets of books is just deliberate flouting of the rules.

The club owners should lose the franchise and not be employed in the game again - the players who accepted those terms are just as culpable and should also be unregistered from the game of rugby league, its one thing to accept a large salary and not give a damn about where the money comes from because thats the accountants problem, but quite another thing to accept a second string of payments and to have two contracts on the go.

Now what was the phrase again ?

Big daft lads, thats the one.

The live salary cap wouldn't have caught this. This was effectively financial fraud, not just salary cap avoidance. They used 3rd parties to make extra payments and then kept two sets of records, one for the cap auditors and one for their accountants presumably.

The fact that they got away with it for 6 years shows how staggeringly easy it is. If you think Super League's rules would prevent this in any way you are being very naive. A lot of Super League chairmen have business enterprises they could easily use to make extra payments to players.

The old chestnut of a player's nominated relative or friend being paid a ridiculous salary is one way. Say for example a player called Brent Tarrett came over from the NRL. He gets paid £250,000 himself by the club plus the usual offshore payment and image rights manipulation. His friend in Australia is then paid £200,000 per season by the Sports Manufacturing company owned by the Super League club chairman for 'Sports Manufacturing Consultancy work'. How does the Super League salary cap auditor pick this up? It's not possible to do and as the Storm proved it's incredibly easy to get away with it.

was it having silverwood in WCC that made them go over the cap

Then of course you have the old trick where the actual player earns very little money, whilst his missus is earning £200,000 a year working in the club shop!

Cheating bar-stewards. www.dailytelegraph.com.au/sport/ ... 5856965748

Cheating bar-stewards. www.dailytelegraph.com.au/sport/ ... 5856965748