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Final Report: Storm Salary Cap investigation

applesauce

Bench
Messages
3,573
The National Rugby League has today released the final report into the Melbourne Storm Salary Cap investigation of 2010.

The report is a forensic detailing of the mechanisms used in the biggest salary cap breach in the game’s history, one which led to the Storm being stripped of three NRL competition titles, prizemoney and fined $500,000.

It is a necessary step in providing closure for those at the club and in ensuring that all lessons can be examined. For this reason, as much of the report as can be released without compromising the privacy or rights of individuals has been made available today.

There are no new findings against the club or any of the players involved and no further actions planned against any individuals now at the Storm other than the removal of the club’s World Club Challenge title of 2010.

Findings against player managers have already been referred to the player accreditation committee and there are a number of persons formally associated with the Storm (none of them players) against whom the report recommends further action.

“There is an important process to understand in this,” NRL Chief Executive, Mr David Gallop, said today.

“After a year-long investigation into the Storm, supported by clear admissions from the Club Chairman and Chief Executive, the NRL had sufficient information on which to base a penalty in April 2010 – indeed given what we knew at that time there was no other option.

“We also flagged the need for further investigation to determine all that had gone on.

“The club’s owners, News Limited, conducted a complete review of its Melbourne Storm business operations using Deloitte’s and we assisted in providing information for that report.

“It was for that reason we were confident that the ‘numbers’ published from the Deloitte report were likely to be accurate, as they have largely shown to be.

“Contrary to misreporting at the time, the NRL had always committed to its own final review of the processes undertaken at the Storm.

“Given the complexity of the deceit on the part of persons at the Storm at the time of the breaches, this has involved a difficult and by nature legalistic process. Today represents the first opportunity to release the findings which have been through a number of legal reviews before release.

“The report remains a significant watershed for the game and an important warning for anyone who would even think of breaching the salary cap.

“Over 136 pages it details a sophisticated level of dishonesty on the part of a number of people who were the ones ultimately responsible for plunging the club and the game into disruption.

“The fans, the players and those persons at the Storm who were not involved were in fact let down horribly and there can be no doubt from this report that the acts were intentional and pre-meditated.

“What is laid bare beyond doubt is the hypocrisy of those who attacked the NRL over the punishment while having themselves been a part of the very governance structure that so failed the club and the game.

“Fraud by nature can be hard to detect and there were many lies told to ensure the systematic cheating would be difficult to uncover in this circumstance.

“The sworn falsehoods that were submitted as statutory declarations should have been enough to shame any responsible director into silence once the truth was uncovered.

“The fact that former directors elected to attack the NRL and its Salary Cap Auditor rather than honour their initial apology is a further indictment on their position as directors.

“For the players and those at the Storm today, this report should bring closure.

“The current administration has gone to extensive lengths to distance itself from the past and deserves acknowledgment for the manner in which it has moved forward.

“This report is a reminder to everyone at any club that even the most elaborate of schemes will unravel in the end.

“It is also a credit to the work of the Salary Cap Auditor, Ian Schubert, and his team.”

Download the full report here
 

Apey

Moderator
Staff member
Messages
26,973
Lol @ 17 under "The Players"

Jeez I wonder who that was :lol:

"should have been deafening"... well... maybe for anyone else
 
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Godz Illa

Coach
Messages
18,745
136 pages. Yikes. Hopefully someone goes through and finds the highlights.
"For one player no longer at the Storm who received payments outside his contract that were nearly double those contained in the contract, those alarm bells should have been deafening"

"Recommendations for the future:

a) Brian Waldron - that he is never permitted to be employed in any capacity within the game of Rugby League again;

b) Matt Hanson - that his conduct while performing the role of Company Secretary be referred to the Australian Securities and Investment Commission. Further, if he has retained his professional registration as an accountant, his conduct as discoles in this report be referred to his relevant professional supervisory body and, otherwise that he is never permitted to be employed in any capacity within the game of Rugby League again"
 

Apey

Moderator
Staff member
Messages
26,973
you might want to upload those pics before trying to post them, Apey.

I have nfi what happened there, didn't even try to post an image that I remember :crazy: Oh, seems like I tried to paste part of the pdf file or something..

anyway, the report discusses some bloody involved stuff (as you'd imagine) of how everything evolved over the past 5 - 6 years, including Schubert's role.
 
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applesauce

Bench
Messages
3,573
Is Matt Hanson the Jayco Owner?

I know one of the board members that got the sack was. It is a shame because he looked to be the white knight to buy the Storm off NEWS one day.
 

user_nat

Coach
Messages
12,386
Disappointing that there is no section dealing with how they managed to get back under the cap this year. Would have been interesting.
 

Glen

Bench
Messages
3,956
Did Brian Waldron ever come through with his threat to prove that all other clubs except Canberra were cheating the cap? What a scumbag...
 

Danish

Referee
Messages
31,851
Not a good look for Peter O'Sullivan in this report either. Is he still employed by the Roosters?


Certainly is.

Apparently there was a big scrum of media at moore park today so could be a statement from the club responding to these findings coming out.

Given his lacklustre recruiting to the club since being with us (the Saffa experiment worked a treat :sarcasm:) it seems a bottomless pit of money was a major factor in his ability to uncover talent
 

DecoyRunner

Juniors
Messages
434
Very strange with the way it is worded. I would have thought the bare facts would be damning enough without the author editorialising.
 

Hooch

Juniors
Messages
1,096
He's just a dumb arse ex footballer, and it shows... next salary cap auditor will be Freddy.

Why on earth wouldn't you hire or contract a forensic accountant to audit the salary cap?
 

Nice Beaver

First Grade
Messages
5,920
Way to go Gallop. Numbnut.:roll:
Really hard hitting investigation that was.
How any players were interviewed by Deloittes??? NONE I believe. When asked to turn up for interviews none bothered.
Gallop you are nothing but a News Ltd puppet. Always have been since you were a lawyer for them in the Super League days.
How the hell players up to their necks in salary cap rorts are never brought to appear before the sports governing body to answer some pretty goddam pertinent questions is absolutley beyond me.
The hide of blokes like Cameron Smith to say they feel vindicated that they did nothing wrong becuase the auditors found nothing on them. How about you face up and answer the questions they had to ask before you tell everyone how inoccent you were. Sign 3 separate contracts and expect intellegent people to believe you didn't know it stank??
Rehashing old ground I know but this crap still get my blood boiling.:crazy:
 

Apey

Moderator
Staff member
Messages
26,973
lol it's clear some people either didn't read any of it, or at the very most read maybe half of the executive summary (not directed at above btw)
 
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