FORUMS > The Virtual Terrace > Marwan K to buy Newcastle knights? |
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| Serious questions must be asked. This may come across bias as I am a Salford fan however. Mr Wood meets billionaire, gets invited to Saints game, loves the game and wishes to invest in soonest club that is available. Luckily it maybe not to lucky depends how you see it, he takes control of Salford. Invest heavily immediately, paying players owed money, setting up plans to pay debts, then starts investing heavily in a entire new squad. He made brash statements but put his money where his mouth was putting together a team that competes althought not great as he had hoped. He then invest in training facilities for the team, also has sent scouts out, attracting the most promising U15, U16 to the Salford Red Devils. Please note my last two points go unnoticed by those who chose to dig him out at the 1st opportunity of a mis quote. After he's done this, he then signs the best overseas player since Lyon? Possibly Barrett? Yet he is still critisied. If he was fed up would be blame him? Obviously I love what he has brought to Salford, never in my life time has the club and city had this opportunity to has a world class team.
My point being, a billionaire has taken over a club on deaths door, turned the club inside out, signed world class players, yet he is still mocked? He's stumbling across an old guard who look after themselves in rugby league, who will always want the too couple of teams to be the top couple of teams. Can you blame him if he got bored? I will argue the toss with any fan of any club who wishes Koukash was In charge of them, because i think they would be lying. Look at the euphoria around Bradford when his wife put a bid in. The league will stay the same while the Hetheringtons and McManus are in charge, just protect those at the top. Like I say my opinion is biased, but what if Wood met another billionnaire took him to a game and loved it. Sought advise of Marwan and he replies, it's all lies mate, they want your money and to be involved but the strucher will never change. So to summary who could blame Marwan for being fed up, obviously loves rugby league but being held back, members stook in the dark ages.
Ps. I'm aware there maybe a lot of punctual mistakes in there, I'm on my phone, will correct once on computer.
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| Quote: Magic Superbeetle "McManus stated at a fans forum that Penrith agreed to cover part of his salary (I assume his total package was more than we could match) - as I say, if it's specifically covered by 3rd party deals it makes no difference to Penrith, at least in terms of cap space...
It's irrelevant who owns the two parties in aus and here, whether or not McManus owned Penrith shouldn't come into Walsh's cap calculation - Penrith will be a 3rd party contributor regardless'"
I thought 3rd party contributors are allowed here as long as they aren't associated with the club.
So for instance at Leeds Sinfield's wage from the club would, obviously be counted on the cap.
If his wife worked in the club shop that would be counted on the cap.
If he was paid by Caddick Construction or Leeds Building Society that would be counted on the cap.
But if a completely unrelated company paid Sinfield then that wouldn't be counted on the cap.
That's how I understood it anyway.
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27476.gif I am the hash browns of rlfans :27476.gif |
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| Quote: Him "I thought 3rd party contributors are allowed here as long as they aren't associated with the club.
So for instance at Leeds Sinfield's wage from the club would, obviously be counted on the cap.
If his wife worked in the club shop that would be counted on the cap.
If he was paid by Caddick Construction or Leeds Building Society that would be counted on the cap.
But if a completely unrelated company paid Sinfield then that wouldn't be counted on the cap.
That's how I understood it anyway.'"
My knowledge on the matter harks back to Saints getting in trouble years ago because we got Sculthorpe a "bigger than reasonable" sponsorship deal with Gillette ...
I've just gone through the operational rules, and in true RFL fashion there's no mention of sponsorship at all! Let alone legacy contracts which I imagine what the Walsh situation would hinge on.
But, if you were in a situation where by a competitor could sponsor a player, but caddick construction couldn't, I'm sure that'd end as a legal battle on the grounds unfair limitations - which would mean the sponsorship would have to be open to anyone, and someone at the rfl would "judge" whether it was a "reasonable" sponsorship or an attempt to circumvent the salary cap... They simply state in the included section:
such other transactions as the RSCM determines should be treated as payments to a Player;
Anything that the rfl wouldn't like would fall in there I suppose ... I'm still no closer to figuring out how the Walsh deal works though!
As an aside, Came across this in the championship salary cap - I assume it's the same as super league rules, yet a heck of a lot clearer!
6.4.1 Loanee club - Cost should include any payments for the use of the player’s services to the loaning club. Any match payments payable to the player should be included within “Player match payments” above;
6.4.2 Loaning club - The club loaning the player should record the player’s usual contract within “Player contract payments” above and record any associated income from the loanee club as a negative cost within “Payments/(receipts) for players on loan”. Not withstanding the above, in the case a club loaning any players who are under 21 (see 7.3 below) it is not permissible to record any associated income as a negative cost as the play’s contract payments do not count towards the club’s Salary Cap costs.
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9857_1341488583.jpg WEST COAST PIRATES
NRL expansion? Sometime soon, maybe......:d7dc4b20b2c2dd7b76ac6eac29d5604e_9857.jpg |
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| If he thinks the rfl/SL are restrictive he will never cope with the new centralised power of the NRL.
Also he would need to put a shed load more cash into Newcastle than Salford, I hope he has deep pockets!
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| Maybe he is sick of the RFL, will buy Newcastle and sack Salford off
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Salary cap - you're havin a laugh.: |
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| Quote: Magic Superbeetle "McManus stated at a fans forum that Penrith agreed to cover part of his salary (I assume his total package was more than we could match)
'"
Doesn't this effectively make Walsh a marquee signing?
The Saints chairman is supposedly against clubs bringing over players they apparently can't afford, yet has done just that.
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| Quote: hull smallears "Maybe he is sick of the RFL, will buy Newcastle and sack Salford off'"
Koukash has only been in the sport for 16 months. If he expects instant success then he'll be upset in the NRL too. He really needs to learn how the sport works. Then hopefully we'll see more concentration on building Salford as a club instead of pie in the sky/embarrassing predictions/outbursts.
He's also got to realise he's not the only person in rugby league.
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| The top clubs in NRL, of which Newcastle are not one, are operating on $20-25million budgets. It is a different financial league to SL. The plus of Newcastle is they have a large fanbase, the negative they struggle to get sponsors. Be interesting to see how much money he really has to pump into sport if he takes them over.
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| Quote: JB Down Under "The top clubs in NRL, of which Newcastle are not one, are operating on $20-25million budgets. It is a different financial league to SL. The plus of Newcastle is they have a large fanbase, the negative they struggle to get sponsors. Be interesting to see how much money he really has to pump into sport if he takes them over.'"
Yep. There's only Leeds that comes close to that budget wise. The rest are on (IIRC) roughly AUD $11/12m with the lowest ie London on around $5/6m.
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27476.gif I am the hash browns of rlfans :27476.gif |
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Quote: Talent Spotter "Doesn't this effectively make Walsh a marquee signing?
The Saints chairman is supposedly against clubs bringing over players they apparently can't afford, yet has done just that.'"
No, because Walsh will only be paid by Penrith for the remainder of his old contract - as soon as that finishes, his only contract is at Saints (assuming he stays throughout).
Legacy contracts are moderately common for the NRL (im led to believe) - according to the link below, salford aren't currently paying Mullany's whole contract in a similar manner with Parramatta:
www.canberratimes.com.au/rugby-l ... zu4q4.html?
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Quote: Talent Spotter "Doesn't this effectively make Walsh a marquee signing?
The Saints chairman is supposedly against clubs bringing over players they apparently can't afford, yet has done just that.'"
No, because Walsh will only be paid by Penrith for the remainder of his old contract - as soon as that finishes, his only contract is at Saints (assuming he stays throughout).
Legacy contracts are moderately common for the NRL (im led to believe) - according to the link below, salford aren't currently paying Mullany's whole contract in a similar manner with Parramatta:
www.canberratimes.com.au/rugby-l ... zu4q4.html?
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| Quote: Magic Superbeetle "No, because Walsh will only be paid by Penrith for the remainder of his old contract - as soon as that finishes, his only contract is at Saints (assuming he stays throughout).
Legacy contracts are moderately common for the NRL (im led to believe) - according to the link below, salford aren't currently paying Mullany's whole contract in a similar manner with Parramatta:
So What's to stop Dr K's Wife buying Newcastle then sending players over to Salford with Newcastle paying 250K of a 300k salary and call the 250k a legacy contract?
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| Quote: LifeLongHKRFan "So What's to stop Dr K's Wife buying Newcastle then sending players over to Salford with Newcastle paying 250K of a 300k salary and call the 250k a legacy contract?'" Newcastle were still paying Cory Paterson when he played for Hull KR. IIRC he was on 300k a season and the Knights had to pay about half of it. Australian dollars that is.
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| Quote: LifeLongHKRFan "So What's to stop Dr K's Wife buying Newcastle then sending players over to Salford with Newcastle paying 250K of a 300k salary and call the 250k a legacy contract?'"
Nothing except Salfords salary cap. Because as soon as Dr K's wife buys Newcastle it has an affiliation to Salford and so any payments from Newcastle to Salford registered players would count on the salary cap.
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| Quote: Him "Nothing except Salfords salary cap. Because as soon as Dr K's wife buys Newcastle it has an affiliation to Salford and so any payments from Newcastle to Salford registered players would count on the salary cap.'"
But how would the RFL know about any payments made to the player directly from Newcastle? Surely the RFL can't demand that the player reveal any other income? And if they did demand it and the player said he isn't getting any other income, how can the RFL check whether he is or not?
I'm not doubting your knowledge, its just that I'd like to know how the RFL can police such a thing.
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| Talk about paranoia, he has only said he is interested, and it is at an early stage, but the conspiracy theories are flying like mad. Salford will soon be able to spend exponentially more than other clubs? Get a grip.
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