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Eels Salary Cap MK II

How many pages in 24 hrs

  • 1-15

    Votes: 5 38.5%
  • 16-30

    Votes: 2 15.4%
  • 31-45

    Votes: 0 0.0%
  • 45+

    Votes: 6 46.2%

  • Total voters
    13
  • Poll closed .
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eels_fan

First Grade
Messages
7,586
So based on the next round of DT Eels bashing (we had a couple days off at least..) I don't know which is worse:

* that the the club has a PowerPoint presentation outlining who we owe 3rd party money to (in 2013/14)
* that someone has given a copy of this to the DT
* that Lee Mossop & Gareth Hock had $75k TPAs..
 

Noise

Coach
Messages
18,187
Did we really have TPAs for nuffies like Cheyse Blair and Justin Hunt? The mind boggles...
 

Parraren

Bench
Messages
4,100
I think it's great the NRL are brining Seward in and I hope they get to the bottom of it.

I have no doubt when this is all over they will also re-open their 5 minute investigation into the Broncos 'mystery' $300k payments and haul Andrew Gee before the auditors to spill the beans.

I can't wait.
 

hindy111

Post Whore
Messages
62,995
Throw enough mud at the wall and some will stick.
4 points would maybe be best outcome. Nrl in a tough spot with Afl and a league going well.Parra are in the top 4 draw cards so to KO them for a few small infringements
 

EelsFan05

Bench
Messages
2,961
I think it's great the NRL are brining Seward in and I hope they get to the bottom of it.

I have no doubt when this is all over they will also re-open their 5 minute investigation into the Broncos 'mystery' $300k payments and haul Andrew Gee before the auditors to spill the beans.

I can't wait.

And the two minute into the Cowboys organising cheap properties for players.
 

Twizzle

Administrator
Staff member
Messages
153,644
Plot twist in this scenario is that if the NRL are pissed about the Watmerkin TPA deal, he hasn't played this year, so we've not actually gained any unfair advantage.

He is still contracted though, he hasn't retired....................yet.
 

Gronk

Moderator
Staff member
Messages
77,719
How the f**k did the Telecrap get PowerPoint slides about our 2013 third party deals?

FMD
 

eel01s

Bench
Messages
3,410
I think it's great the NRL are brining Seward in and I hope they get to the bottom of it.

I have no doubt when this is all over they will also re-open their 5 minute investigation into the Broncos 'mystery' $300k payments and haul Andrew Gee before the auditors to spill the beans.

I can't wait.

This.

How is it that if Seward doesn't give evidence we are seen as having someone to hide, yet when the Broncos do it everything is sweet?

Massive hypocrisy and just shows how some clubs are dealt with differently. Also doesn't help that someone is drip feeding potentially damaging information.
 

emjaycee

Coach
Messages
13,842
Parramatta Eels: Big name players, past and present, caught up in the salary cap scandal
April 6, 2016 12:00am
SPECIAL INVESTIGATION Nick Tabakoff

Documents suggest Parramatta flouted NRL salary cap rules by offering player packages beefed up by third-party payments, sourced by the club.

SOME of Parramatta’s biggest name players, past and present — including Corey Norman, Chris Sandow, Will Hopoate, Reni Maitua and Willie Tonga — have been caught up in the club’s salary cap scandal, with new internal documents suggesting the Eels guaranteed hundreds of thousands of dollars in third-party payments.

The documents suggest Parramatta flouted NRL salary cap rules by offering player packages beefed up by third-party payments, sourced by the club.

The Eels internal documents have been uncovered as the NRL’s forensic investigation into the club, prompted by a series of Daily Telegraph articles, continues. It is understood the documents were put together from June 2013 to the end of the 2013 season.

There is no suggestion any of the players mentioned have done anything wrong.
Under NRL rules, third-party agreements must be at arm’s length from the club, but the documents state that in some cases the club made *“unregistered” third-party payments.

The Telegraph has also uncovered an official, in-house PowerPoint presentation, using Eels letterhead, titled “Third Party Agreements Strategy — Discussion Paper”. At one point the June 2013 draft document, labelled “strictly private and confidential”, even suggested the club hire “an *additional (staff) member to join the Corporate Sales team to be dedicated to assisting and facilitating TPAs”.

In a separate Microsoft Word document from the end of the 2013 season there is a *detailed breakdown of TPA payments made to former star Chris Sandow: “Club was responsible for 50k per year TPA of which 40k has been paid by TPA sponsor for 2012-13 as mentioned above — leaving the 10k shortfall so far for the 2012-2013 years.”

The document, understood to have been prepared by a senior club official, goes on to note: “Chris also has a 50k TPA in place with another TPA sponsor, that’s not registered.”

There was also a detailed breakdown of payments the club needed to source as a matter of urgency to meet TPA commitments to players, with due dates listed. The document noted $3000 a month, or $36,000, was owed to Corey Norman for the coming 2014 year, $25,000 to Willie Tonga (due October 31, 2014), $7000 to Will *Hopoate (due ASAP), $25,000 to Justin Hunt (due prior to October 31, 2014), $20,000 to Lee Mossop (due January 2014) and $30,000 to Nathan Peats (due prior to October 31, 2014).


One of the Parramatta Eels documents.
Two other players who had already left the club by the time the document was created — Maitua and Cheyse Blair — were scheduled for payments of $25,000 and $26,000 respectively on November 1, 2013.

There is no suggestion any of the players mentioned have done anything wrong. A spokesman for the Eels last night had no comment on the latest documents.


The NRL strictly requires third-party agreements must be made at an arm’s length basis from clubs to *ensure they do not become a way to use sponsors to thwart the salary cap.

The June 2013 PowerPoint document puts a detailed structure in place for the club to “procure” TPAs. It suggests the club’s staff “incorporate an avenue to discuss TPAs with clients”. It also looks to change “the mindset that these agreements are ‘under the table’ connections”.

The document suggests the proposed new Eels staff member “dedicated” to TPAs can provide “an avenue between sponsors, player agents and players to express opportunities and communicate ways to *exploit these opportunities”.

In a section titled “player details and benefits to be provided/sought” the document mentioned a host of players, including Jarryd Hayne, Sandow, Norman, Tim Mannah, Hopoate and Fuifui Moimoi.


A spokesman for the Eels last night had no comment on the latest documents.
It also mentions amounts of “Arms Length Agreements (TPA)” as totalling $395,000 a year for both 2014 and 2015 for some of its key players.

A detailed breakdown of TPAs for players in the document includes $225,000 a year for Hayne, $75,000 a year for Mossop, $20,000 a year for Chris Sandow and $75,000 a year for Gareth Hock.

Again, there is no suggestion these players have done anything wrong.

The document also contains strange statements about the club’s policies on TPAs, which contradict the requirement that they be at arm’s length.

The first objective of the document is to make the Eels “the Number 1 club in the NRL re. TPA’s (sic)”.

The document concludes that “TPA revenue is as important as sponsorship revenue for long term success”.

source: http://www.dailytelegraph.com.au/sp...l/news-story/4e56d6e680c0694cc35a26ef3bb22524


$600,000 - Marquee Player Allowance - any or all of the Top 25 players at each club can share in payments made by club sponsors seeking to use a player's intellectual property. These may be guaranteed in the playing contract by clubs.

Unlimited - Players can earn unlimited amounts from corporate sponsors who are not associated with the club and who do not use the game's intellectual property (no club logos, jerseys or emblems) provided these are pre-approved. These agreements may not be negotiated by the club as an incentive for a player to sign a contract, nor can they be guaranteed by the club.

source: https://www.nrl.com/nrlhq/referencecentre/salarycap/tabid/10434/default.aspx

Just playing devil's advocate, but I can see nothing in the DT article that categorically proves we contravened the salary cap rules in relation to TPA's.

It doesn't say we negotiated any of the deals - sourcing a potential TPA partner is not negotiating the deal. Nothing in the salary cap rules that prevents a club from approaching company X and asking if they would be prepared to offer player X a TPA. Put the player manager and company X in contact and they do the negotiation. Hiring someone in the corporate sales team to help these introductions IS NOT negotiating the deal as the Telecrap wants readers to believe.

A club is allowed to guarantee up to $600,000 in TPA's under the Marquee Player clause and the total of all the DT claims doesn't exceed that amount so suggesting there is something wrong with the club guaranteeing Hayne, Sandow, Hock and Mossop a total of $395,000 isn't necessarily against the rules.

The only concerning part of the whole article for mine is the statement about an "unregistered" TPA for Sandow.
 

Noise

Coach
Messages
18,187
This.

How is it that if Seward doesn't give evidence we are seen as having someone to hide, yet when the Broncos do it everything is sweet?

Massive hypocrisy and just shows how some clubs are dealt with differently. Also doesn't help that someone is drip feeding potentially damaging information.

I would rather us 'have something to hide' and the NRL not being able to prove anything than lose points and be good honest citizens. If it's good enough for other clubs, it is good enough for us
 

Twizzle

Administrator
Staff member
Messages
153,644
but its a special DT investigation

they must have decided to run their own investigation separate to the NRL's investigation
 

Delboy

First Grade
Messages
7,558
So in summary of the majority of these articles

The problems are manifested in the 2013 regime with limited carryover, the only recent issue is that a director of a company involved in Watmough's TPA was also a non executive director of a software company providing a professional service to the club.

The NRL has cleared the club for salary cap for 2015 and 2016, but the Terrorgraph and leaks from a number of probably disaffected people keep an old issue rolling for their personal purposes.

The club has agreed to constitutional changes set out by the NRL but we sell clickbait and media, so on it goes

The people in charge consistently say they are clearing all these problems and yet this blog and media just want to smash a club that is popular, yet let the Broncs and others escape from real scrutiny
 
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