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!

Jarryd Hayne's payment trail leads to former Parramatta Eels boss Roy Spagnolo's Abdu

Gronk

Moderator
Staff member
Messages
77,719
I heard a few merkins on 2MMM on the weekend + Sunday Footy Show talk about this matter. First they label it a "fiasco" but after further discussion all agree that it will probably fizzle out to nothing.

Then you read the above article about the NRL "set to ask Parramatta Eels to hand over records for salary cap investigation" which is what their cap auditors do anyway with every club.

The real issue here is that there are unregistered 3rd party deals. So these deals need to be investigated and (hopefully) found that they donors are independent of the club viz; not a sponsor, corporate box tenant etc.

It's only if these 3rd party deals are found to be via an affiliate, then these payments will need to form part of the cap in that year.

Amirite ?
 
Messages
19,393
I heard a few merkins on 2MMM on the weekend + Sunday Footy Show talk about this matter. First they label it a "fiasco" but after further discussion all agree that it will probably fizzle out to nothing.

Then you read the above article about the NRL "set to ask Parramatta Eels to hand over records for salary cap investigation" which is what their cap auditors do anyway with every club.

The real issue here is that there are unregistered 3rd party deals. So these deals need to be investigated and (hopefully) found that they donors are independent of the club viz; not a sponsor, corporate box tenant etc.

It's only if these 3rd party deals are found to be via an affiliate, then these payments will need to form part of the cap in that year.

Amirite ?

Not quite. The 'affiliate' status is only one of the conditions for exemption. For the payments to be exempt that have to be a) from a non-affiliate and b) not organised or negotiated by the club as an inducement to play for the Eels. If either of those conditions do not hold, it would be assessable.
 

El Diablo

Post Whore
Messages
94,107
http://www.smh.com.au/rugby-league/...illegal-thirdparty-deals-20150727-gil9jf.html

William Hopoate's manager denies illegal third-party deals

Date
July 27, 2015 - 6:06PM

Daniel Lane

The agent who represents Parramatta player William Hopoate has denied the State of Origin representative is linked to an under-the-table payments scandal involving Eels supporter Eddie Obeid jnr.

Last week a Fairfax Media investigation which detailed what was described as the "murky world of player payments to circumvent the salary cap" during the Roy Spagnolo era, said Obeid, the son of former Labor powerbroker Eddie Obeid snr, had offered real estate advice to Hopoate and paid between $50,000 and $100,000 a year in deals that hadn't been registered with the NRL.

Hopoate's manager, Tyran Smith – who is involved in a battle with Parramatta about the legitimacy of Hopoate's latest contract with the club – refuted any suggestion his client had received an improper third-party payment and maintained those he had were registered with the NRL.

"Will can't believe it; I can't believe it," Smith said. "To be implicated in that story was unfair because whatever third-party deals Will has received have been registered with the NRL and none of them are with Eddie.

"All the third-party deals have been documented and he most certainly hasn't received the kind of deals the other players mentioned in the story were alleged to have received."

Smith, who admitted he knows Obeid, said Hopoate was distraught when he saw his name embroiled in the investigation that alleged Chris Sandow's estimated $550,000 salary be topped up by as much as $200,000 a year, while forward Darcy Lussick was able to buy a unit from Obeid's family company at a discounted price.

The NRL allows players to earn unlimited amounts outside of the club but the rules state players can receive money from corporate sponsors not associated with the club and don't use such things as club logos, emblems or jerseys. All third-party arrangements must be approved and registered by the NRL.

Other clubs have been caught rorting the system in the past.

The Melbourne Storm were stripped of their 2007 and '09 premiership titles when the full extent of their dealings was exposed in 2010. In 2002 Canterbury were fined $500,000 and stripped of the 37 points they'd accumulated over the season when it was revealed they had breached the cap and in 1991 Canberra breached the cap by $600,000.

Smith was understood to be at loggerheads with the Eels over the club's attempt to change the contract extension Hopoate signed after months of intense negotiations.

Parramatta, who had a similar battle with marquee recruit Kieran Foran before smoothing the ways for him to come to the club, have not registered the Hopoate deal with the NRL. The Eels administration and board has placed the blame for the contract fiasco on former chief executive Scott Seward.

Fairfax Media understands the NRL is closely monitoring the Hopoate situation because the governing body has no intention to allow for players to sign deals in good faith only for the terms of agreements to be changed. If Hopoate was to leave Parramatta he would struggle to find a new club because the majority of them have no room to move under the salary cap.

Smith would not confirm whether he had received two contracts which altered the terms of Hopoate's agreement with the Eels, choosing to instead say, "All I will say is what I've already said, a contract is a contract and an agreement is an agreement."
 

Twizzle

Administrator
Staff member
Messages
153,603
And this woman was supposed to be a reputable journalist.

lol

Is there even such a thing ?
 

strider

Post Whore
Messages
78,987
And this woman was supposed to be a reputable journalist.

lol

Is there even such a thing ?

yet your perfectly happy to straight up take a player manager's word for it :lol:


I'm not saying I know either way .... but I've learnt enough not to trust any of them
 

Twizzle

Administrator
Staff member
Messages
153,603
He was quoted in the article which carries a lot more weight than speculation.

I'd put more credence in an article with quotes over some one just trying to sell chip wrappers and she allegedly is going to spill teh beans on another club, but thats been coming for about a week and they still keep building it up yet delivered nothing.

they cant both be right, can they ?
 

El Diablo

Post Whore
Messages
94,107
And this woman was supposed to be a reputable journalist.

lol

Is there even such a thing ?

journos can say anything and get away with it unless you want to spend a fortune like Joe Hockey

and then even when you win you still end up out of pocket
 

strider

Post Whore
Messages
78,987
of course - its the evil parramatta hating media vs the always fair player managers :roll:


coincidence that TPAs are falling apart since the great Spags took all his mates away?

and of course there's no chance player managers would cover their arses when they look like being linked to dodgy dealings - never
 

Twizzle

Administrator
Staff member
Messages
153,603
yeah true, but they both cant be right

I guess we will have to wait till this so called NRL investigation is carried out
 

El Diablo

Post Whore
Messages
94,107

M*A*S*H (TV series
Wikiquote does not have an article with this exact name.

Please note that Wikiquote articles should contain quotations. To contribute encyclopedic information, please go to the corresponding Wikipedia M*A*S*H (TV series article and edit it instead.
You can create the Wikiquote M*A*S*H (TV series article.
Search for M*A*S*H (TV series in other articles.
Look for M*A*S*H (TV series in Wiktionary, our sister dictionary project.
Look for M*A*S*H (TV series in the Commons, our repository for free images, music, sound, and video.

If you have created this page in the past few minutes and it has not yet appeared, it may not be visible due to a delay in updating the database. Please wait and check again later before attempting to recreate the page.
If you created an article under this title previously, it may have been deleted. See Speedy deletions for possible reasons.
 

Latest posts

Top