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Eels Salary Cap MK IV

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Green River Eel

Juniors
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845
i try and fight off the feeling that this clubs doomed but we will probably be here in 30 years time talking about the same things, we are like the worst dysfunctional family in this country.
 

phantom eel

First Grade
Messages
6,327
Next, the NRL said we were paying $850,000 in TPA's that were illegal till proven innocent.

Lets say, half of that, so $400,000 are legitimate,
Why are we assuming/hoping any TPAs are legitimate, when the NRL has evidence (now leaked) that the Club was (allegedly) guaranteeing TPAs and/or (allegedly) inflating invoices, rather than operating TPAs at arms length?

I agree Watmough's TPAs for 2017 and 2018 should not be counted in our future caps given his retirement, but for any players remaining contracted I think their (allegedly) improperly organised TPAs might rightly be classed as cap-eligible salary by the NRL - provided it has the evidence that it appears through leaks that they claim.
 

Bigfella

Coach
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10,102
Okay so I am going to write some stuff down and just take it as you will.



Then from what I remember after the 2009 election, where Roy and his team followed on with the election, Ron, and Dr Johno decided to step down, as well as Gerard who stood down from the club board to take up the clubs seat on the NSWRL board.

Now in 2010 or 11, that was questioned by Denis as the clubs member on the NSWRL board is supposed to be a member of the PDRLFC board.

I am unsure when Gerard was voted back onto the board.

This also means Gerard was on the board when Fitzy was CEO, as far as I remember, both boards.

So when we consider that most Eels fans agree the Fitzy board was not united behind Fitzy, and was split 3/4 in favour of Fitzy people, we have to ask what camp was Gerard in?

We have recently seen at least 2 people who supported Fitzy at board level make appearances on the news in relation to the salary cap investigation, so the question is who were the other 2.

My next musing is WHY THE f**k WOULD YOU GET RID OF THE ENTIRE BOARD.

So when we go back to our "Punishment" from the NRL, we understand that $250,000 of the 1M fine is to be suspended if the club can make changes by August and appoint independent board members.

To be independent they would have to be appointed by the NRL, not the club, not Geoff Gerard, and not by some f**king committee. INDEPENDENT means the NRL appoints them. So this EGM farce is exactly that a farce. You elect 7 new board members of the leagues club and even before they can talk about being part of the Eels they are removed from the Eels board by the NRL who get their 3 Independent directors.

Looking at board splits. If Gerard stays and the NRL get's their way, (3 NRL appointed directors) then we have a full board. The way Gerard has been speaking you would think he would agree with anything the NRL directors say. Most probably making him the Chair of the Eels.

But all this, is because we can't wait for the club to have its say.

Those asking for this, or having a go at anyone at the club for not standing aside immediatly are pretty much saying, "Yep fair cop, you got us oops"

I wonder if someone like "The Mountain" from Game of Thrones, came over to your house and said, In the name of the law, give me all your money and let me screw your wife because your neighbour said you were speeding last year. How many of you would say "Yep fair cop, you got us"?

Not only that but after he is done screwing your wife (and wiping his dick on the drapes) he says, "oh and by the way I want you to pay a fine of 5% of your wages for the next two years, or I will come back and screw your wife again!" I take it from the way some are talking you would be happy with that.

Next, the NRL said we were paying $850,000 in TPA's that were illegal till proven innocent.

Lets say, half of that, so $400,000 are legitimate, Then factor in the removal of Choc, Peates and Junior from our squad, We would have to be well under the cap for next year. Like somewhere between $500,000 - 750,0000. Instead of having us $650,000 over the cap next year, we should be under, and some of you are willing to cop that ?

WHAT THE f**k.

Seriously, this saga has hurt all of us. Hell I dreamt last night I was a footballer and was sold to Penrith, even though my life was at Parra, so yeah it is affecting everyone. But lets wait and see what happens in the wash up first before we go lynching people and running what might well be extraneous EGMs because we can't wait a week or more to get things sorted.


This is how I take it:
Always been a massive gibberer but now completely lost the plot
 
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15,510
The independent directors could not have any association with either Parramatta Football Club or the powerful Parramatta Leagues Club which controls the NRL team."

If they are being recommended from the club to be on the board, how do the not have any association with the club or the Leagues club.
 
Messages
15,510
Why are we assuming/hoping any TPAs are legitimate, when the NRL has evidence (now leaked) that the Club was (allegedly) guaranteeing TPAs and/or (allegedly) inflating invoices, rather than operating TPAs at arms length?

I agree Watmough's TPAs for 2017 and 2018 should not be counted in our future caps given his retirement, but for any players remaining contracted I think their (allegedly) improperly organised TPAs might rightly be classed as cap-eligible salary by the NRL - provided it has the evidence that it appears through leaks that they claim.

If all the TPA's were guaranteed, or were from inflated invoices, fine. But if that is true, then we are talking about $800,000 of TPA that were guaranteed or paid via fake invoices.

If that is true then we deserve everything coming to us, but I doubt all of them are that way.
 

phantom eel

First Grade
Messages
6,327
I am unsure when Gerard was voted back onto the board.

This also means Gerard was on the board when Fitzy was CEO, as far as I remember, both boards.

So when we consider that most Eels fans agree the Fitzy board was not united behind Fitzy, and was split 3/4 in favour of Fitzy people, we have to ask what camp was Gerard in?

We have recently seen at least 2 people who supported Fitzy at board level make appearances on the news in relation to the salary cap investigation, so the question is who were the other 2.
Links to Leagues Club Annual Reports back to 2008 (by calendar year) are here: http://www.parraleagues.com.au/annual-report

The LC Board up to 31 Dec 2008 appears to be:
Overton
Ritchie
Morris
Miller (resigned March 2008)
Gerard (since April 2008)
Hilditch
Johnson
Jurd

With Hilditch, Gerard and Johnson listed as also serving on the District (Footy) Club. Don Ritchie resigned in Feb 2009, and Jennifer Foong was appointed in his place.

Following the 2009 LC Elections (confirmed between 5-18 May), the LC Board became:
Spagnolo
Chidiac
Gerard
Hilditch
Kelly
Libertini
Wallace

With Chidiac, Gerard and Hilditch listed as also serving on the District (Footy) Club.

The 2010 Report indicates that Ron Hilditch resigned on 13 & 30 March 2010 (replaced by Jo Saad), John Chidiac resigned in June 2010 (replaced by Glenn Duncan) and Geoff Gerard resigned on 13 December 2010 (replaced by Robert Sassen). At that point 3P's domination of the Boards from their starting point in late 2008 was complete.

The rest is history... Eric Grothe Sr appears to have been appointed in April 2012 following Glenn Duncan's resignation. Then 3P lost control of Leagues Club Board in the 2013 elections.

The 2013 Report (issued April 2014) indicates Geoff Gerard was appointed back to the Board in March 2014, and I think he eventually filled the final spot (Grothe's?) that 3P candidates didn't fill while deciding to find a way to get 10th placed Roy back on the LC Board - while they set about allegedly ruining the District (Footy) Club Board to the point where it fell into adminsitration.
 

phantom eel

First Grade
Messages
6,327
If all the TPA's were guaranteed, or were from inflated invoices, fine. But if that is true, then we are talking about $800,000 of TPA that were guaranteed or paid via fake invoices.

If that is true then we deserve everything coming to us, but I doubt all of them are that way.
Sure. I think the NRL has made a judgement call that our apparent Board Level discussions of TPA matters, along with the Excel spreadsheet tallies of all TPAs into future years, constitutes that none of them are considered legitimate.

I guess time will tell whether the Club's response has convinced the NRL otherwise, based on the evidence they located.
 

phantom eel

First Grade
Messages
6,327
If they are being recommended from the club to be on the board, how do the not have any association with the club or the Leagues club.
True... it's just a newspaper article's words (rather than the exact Breach Notice wording, one would hope), but maybe the stipulation is that they have no current association (e.g. haven't run on a ticket before, haven't been employees before, no current commercial association).

I would hope we (the remaining Club Board/Management) are casting a wider net than former players like Wynn, in their search for independent recommendees....
 
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