What's new
The Front Row Forums

Register a free account today to become a member of the world's largest Rugby League discussion forum! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Extent of Storm Rort

ebbedfred

Bench
Messages
3,698
Press conference today at 11am to reveal the extent of the Storm salary cap cheating which is suppose to be bigger than first thought.

I think Triple M in Sydney is playing it live at 11am sharp.

Should be interesting
 

ebbedfred

Bench
Messages
3,698
So what are Triple M doing exactly live broadcast of a Media Storm thing where they reveal extent of their rortings?

Apparently naming and shaming those involved and how much cash was involved.

I highly doubt they will name any players that might have known about what was going on, but I also highly doubt that some players didn't know something weird was going on.
 

SaintTPP

First Grade
Messages
5,711
On Fox Sports the conference is on and this is basically what is being said: (im typing as it goes so sorry for mistakes).

- 2007 breach was over 500k

- 2009 breach was over 1mil

- original estimate for 2010 was 700k but it is well over 1m

- There was no alternative but to accept that club will not play for points because the Investigation has confirmed tough penalites are warranted.

- Fans did nothing wrong, family, many employees and many player's did nothing wrong.

- The club engaged in wide ranging and elaborate cheating.

- A small group of senior mangers orchestrated and concealed extra payments, all up
5 manager were directly involved or slightly involvled including, waldren, hanson, gregory, osullivan, vale.

- Only vale cooperated in the investiagtion.

- Main methods used to cheat was paying players in 3rd party agreements through Unity Foundation, some companies in the Mcmanus Group (run by andrew mcmanus), no evidence was found that the unity or mcmanus new they were contributing to the club cheating the club.

- They would pay the players and write invoices saying donations and consulting fee's.

- Other back door payments involved small amounts over a long period and also free flights, gift vouchers, fully maintained cars that werent fully disclosed.

- A total of 13 players, (7 current and 6 past) were involved - NO EVIDENCE FOUND THAT PLAYERS NEW.

- Players were Chamber, Cronk, Geyer, Jhonston, Kafusi, Slater, Smith, Turner, White, Crocker, Hoffman, Inglis, Quin

- No managers or agents new either.

- NOT ONE of the current players agreed to coperate with the investigation!

- Craig Bellamy did cooperate.

- Losses due to this was losses of 14million.

- So over 3.17m or 80% more than first thought.
 
Top