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NRL derails Inglis deal
(AAP: Dean Lewins)
Greg Inglis' future in the NRL remains up in the air after the NRL blocked his proposed move to South Sydney on Saturday.
The NRL advised the Rabbitohs that it must include the full value of a number of third party agreements relating to the Queensland Origin star's $400,000 a year deal.
Souths will now need to prove to the NRL how it intends to fit the payments under its $4.1 million cap before Inglis' contract can be registered.
Inglis, who reneged on a deal to sign with the Brisbane Broncos when third party deals failed to materialise, will now continue to in rugby league limbo as he is without a club for 2011.
In a statement released on Saturday, the NRL explained that the rules are in place to "ensure that any third party agreement is not in truth a vehicle to remunerate the player for playing rugby league at his club".
South Sydney released a short statement saying it was disappointed and disagree with the NRL's decision.
"The Rabbitohs will assess their salary cap position as determined by the NRL's salary cap auditor today and make a decision on a path forward over the next seven days," the statement said.
"The Rabbitohs will do everything they can to keep Greg Inglis in rugby league."
Inglis left the Storm at the end of last season after the Melbourne club was found to have rorted the salary cap system over five years.
The superstar centre made a move to Brisbane but that deal fell through when the Broncos withdrew their offer when Inglis refused to sign by the club's deadline.
The Rabbitohs swooped, tabling a three-year $1.8 million deal with $200,000 worth of third-party payments.
The NRL said the third-party agreements involving Inglis do not comply with the salary cap rules as they are not independent of the club.
The statement said the third-party agreements involving Inglis were drafted by South Sydney and were in some cases revised with the sponsor by the club with no involvement from Inglis' manager.
The NRL also says the terms of one agreement "were concluded and confirmed between the manager and the club before the player's manager had any communication with the actual sponsor".
"Given the circumstances under which Greg became available to South Sydney, nobody can have been under any doubt about the importance of ensuring his contract complied with the cap," NRL chief executive David Gallop said in the statement.
"The NRL had already required the Broncos to include third party agreements within their calculation of the contract value and was insisting legal fees also be included when those negotiations ceased.
"South Sydney had been advised to have all proposed offers reviewed by the NRL before making any commitments.
"They chose not to do so and it has taken some time to access all details of the agreements.
"It is unfortunate for Greg that he is in the middle of a difficult situation and I assured him this week that these issues do not reflect on him but that they are matters for clubs in assessing the offers that they make.
"He is one of the game's most highly valued players and we have assured him of that in no uncertain terms.
"That said the cap has to apply fairly to all clubs and one club cannot be allowed to do what others were prevented from doing.
"The rules on third party deals are clear.
"We have worked with clubs and players by substantially increasing the amount that sponsors can pay players through the $300,000 Marquee Player Allowance in 2011 but without rules on third party agreements there would be no point in having a salary cap system."
NRL derails Inglis deal
(AAP: Dean Lewins)
Greg Inglis' future in the NRL remains up in the air after the NRL blocked his proposed move to South Sydney on Saturday.
The NRL advised the Rabbitohs that it must include the full value of a number of third party agreements relating to the Queensland Origin star's $400,000 a year deal.
Souths will now need to prove to the NRL how it intends to fit the payments under its $4.1 million cap before Inglis' contract can be registered.
Inglis, who reneged on a deal to sign with the Brisbane Broncos when third party deals failed to materialise, will now continue to in rugby league limbo as he is without a club for 2011.
In a statement released on Saturday, the NRL explained that the rules are in place to "ensure that any third party agreement is not in truth a vehicle to remunerate the player for playing rugby league at his club".
South Sydney released a short statement saying it was disappointed and disagree with the NRL's decision.
"The Rabbitohs will assess their salary cap position as determined by the NRL's salary cap auditor today and make a decision on a path forward over the next seven days," the statement said.
"The Rabbitohs will do everything they can to keep Greg Inglis in rugby league."
Inglis left the Storm at the end of last season after the Melbourne club was found to have rorted the salary cap system over five years.
The superstar centre made a move to Brisbane but that deal fell through when the Broncos withdrew their offer when Inglis refused to sign by the club's deadline.
The Rabbitohs swooped, tabling a three-year $1.8 million deal with $200,000 worth of third-party payments.
The NRL said the third-party agreements involving Inglis do not comply with the salary cap rules as they are not independent of the club.
The statement said the third-party agreements involving Inglis were drafted by South Sydney and were in some cases revised with the sponsor by the club with no involvement from Inglis' manager.
The NRL also says the terms of one agreement "were concluded and confirmed between the manager and the club before the player's manager had any communication with the actual sponsor".
"Given the circumstances under which Greg became available to South Sydney, nobody can have been under any doubt about the importance of ensuring his contract complied with the cap," NRL chief executive David Gallop said in the statement.
"The NRL had already required the Broncos to include third party agreements within their calculation of the contract value and was insisting legal fees also be included when those negotiations ceased.
"South Sydney had been advised to have all proposed offers reviewed by the NRL before making any commitments.
"They chose not to do so and it has taken some time to access all details of the agreements.
"It is unfortunate for Greg that he is in the middle of a difficult situation and I assured him this week that these issues do not reflect on him but that they are matters for clubs in assessing the offers that they make.
"He is one of the game's most highly valued players and we have assured him of that in no uncertain terms.
"That said the cap has to apply fairly to all clubs and one club cannot be allowed to do what others were prevented from doing.
"The rules on third party deals are clear.
"We have worked with clubs and players by substantially increasing the amount that sponsors can pay players through the $300,000 Marquee Player Allowance in 2011 but without rules on third party agreements there would be no point in having a salary cap system."
