Parramatta Salary Cap Breaches 500k?!

[Mr. Snrub]

http://www.foxsports.com.au/more-sp...-of-up-to-500000/story-e6frf56c-1227362519158

PARRAMATTA is facing a fine of up to $500,000 for salary cap breaches.

The NRL has confirmed this morning the Eels have been under investigation for several months.

It relates to their salary cap last year and having to pay players who were cut by previous coach Ricky Stuart.

Among those who were forced out include Reni Maitua, Matt Keating and Cheyse Blair.

It is believed the club is still paying part of their contracts.

The NRL and the Eels are expected to issue a joint press statement later today.

The salary cap breaches will raise question marks on how the club was able to sign Anthony Watmough, Kieran Foran and Beau Scott in the last six months although they did lose Jarryd Hayne.

At this stage there is no suggestion the club will be docked competition points.

The Eels were put on notice of the breaches at the beginning of the year after an off-season audit of their books.

 

[redvscotty]

http://www.foxsports.com.au/nrl/nrl...-of-up-to-500000/story-e6frf3tc-1227362519158

PARRAMATTA is facing a fine of up to $500,000 for salary cap breaches.

The NRL has confirmed this morning the Eels have been under investigation for several months.
It relates to their salary cap last year and having to pay players who were cut by previous coach Ricky Stuart.
Among those who were forced out include Reni Maitua, Matt Keating and Cheyse Blair.
It is believed the club is still paying part of their contracts.

Former co-captain Reni Maitua was one of the players forced out. Source: Getty Images



GORDON SAGA: Arthur says fullback is “struggling”
The NRL and the Eels are expected to issue a joint press statement later today.
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The salary cap breaches will raise question marks on how the club was able to sign Anthony Watmough, Kieran Foran and Beau Scott in the last six months although they did lose Jarryd Hayne.

Anthony Watmough has headed a massive Parramatta recruitment drive. Source: News Corp Australia



At this stage there is no suggestion the club will be docked competition points.
The Eels were put on notice of the breaches at the beginning of the year after an off-season audit of their books.

No doubt POPS can let us all know that it's not cheating, it's loyalty, but what do you think?

 

[Mogsheen Jadwat]

Parramatta is truly the gift that keeps on giving.

Scrub tier club.

 

[mave]

I think it's money well spent.
Well done Parra

 

[Son of Minto]

Perth Eels

 

[lafai]

Wellington Eels

 

[Pierced Soul]

strip the premierships they won...oh wait

 

[Penrose Warrior]

http://www.foxsports.com.au/nrl/nrl...-of-up-to-500000/story-e6frf3tc-1227362519158



No doubt POPS can let us all know that it's not cheating, it's loyalty, but what do you think?

No no, this counts as cheating because it wasn't about loyalty - it was players they culled to bring others in. I imagine that's how Pop will see it. Completely different. Kick them out.

 

[KeepingTheFaith]

Dock them points, send them to the bottom of the ladder....:sarcasm:

 

[thorson1987]

Lolpawwa

 

[Stagger Lee]

Quality costs money don't you know.

 

[redvscotty]

The Cronulla Eel Sharks sounds good.

 

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[Penrose Warrior]

But seriously, this has Ricky Stuart's slimy fingerprints all over it. Send a bunch of players packing with time still on their contracts, knowing it was about to become someone else's problem.

merkin.

 

[Bazal]

Not sure how it raises questions about our current signings given it applies to last year's cap and the sackings made by that mad knucklehead Ricky Stuart and the previous administration, but anyway.

 

[DB]

Adelaide Eels

 

[Different kind of Rabbit]

 

[Mogsheen Jadwat]

the 'kicked out of the comp' eels

 

[chigurh]

Not even a drubbing in finals week 1 to show for it :lol:

 

[Craig Johnston]

we make a mint, can afford a fine, unlike the handout kings down in mexico. might as well get punished while we're struggling. fast forward the rebuild