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Salary Cap

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hindy111

Post Whore
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62,867
This is why I think we are screwed. The DT have devoted a weeks worth of front pages to this. Do you think Greenberg isn't worried about what the DT will do if he does not dock points? They will go after him - for sure.

Unfortunately, the DT have enormous influence in our game - not the least is because most of it's readers are clueless and take what they read in there as gospel - as do many commentators and TV/ radio presenters. I work with several people who read that shit paper every day and for some reason they accept everything that is written in it. It totally baffles me.

I drink cofee with a few the same.Dt as gospel.
They go on and on about how much parra paid for this and that player.So i get calculator out and using dt prices we almosr reach cap with 5-6 players
 

eels_fan

First Grade
Messages
7,581
The next volume in the Telecrap Saga...

Parramatta Eels: ‘Electronic fingerprints’ directly link some senior club representatives to third-party sponsorship deals

EXCLUSIVE Nick TabakoffEditor-at-LargeThe Daily Telegraph

THE NRL believes it has uncovered a smoking gun in the Eels salary cap investigation, after finding “electronic fingerprints” that directly link some senior Parramatta representatives to third-party sponsorship deals.

The Daily Telegraph understands investigators at the NRL’s Integrity Unit have privately revealed that electronic profiling of the club’s data has found evidence of *direct contact between the Eels representatives and third-party sponsors of Parramatta players in the past year.

The investigation has discovered that some club representatives cranked up direct communications with third parties in the past three months.


The Daily Telegraph first exposed the alleged salary cap breaches on March 9, and since then numerous reports by this newspaper have detailed what appear to be systemic breaches.
The electronic chatter between the club representatives and third parties reached a peak six weeks ago, at a time when the NRL was still examining previous, more minor alleged infringements of the salary cap by the club.

Third-party sponsorship agreements must be on an arm’s length basis from NRL clubs to ensure they do not become a way for teams to use them to pay players and undermine the salary cap.

It is a breach of the salary cap rules for a club to compensate a third-party provider in any way.

The Eels data is understood to have proven that repeated communications — including phone calls, text messages and emails — took place between senior Parramatta representatives and the third-party sponsors.

NRL Integrity Unit boss Nick Weeks dispensed a team of auditors to the club last week to investigate fixed computers, mobile phones, iPads and other electronic equipment to establish a digital profile of club officials.


The move has given the NRL a replica of the data created by those officials.

The NRL investigators are believed to have taken computers from the Eels’ headquarters in Parramatta for detailed examination.

The digital profiling allows information from various devices to be traced, even if it was deleted or hidden.

The auditors’ investigation appears to give the NRL the evidence it needs to prove the club has breached NRL salary cap rules.

Last night, an NRL spokesman said only that the investigation was “continuing”.

At the press conference to announce his elevation as the NRL’s chief executive, Todd Greenberg made it clear all types of penalties were on the table if the Eels were found to have breached salary cap rules.

“Points, fines are all possibilities, as it’s been seen in (the game’s recent) history,” he said.


The Daily Telegraph first exposed the alleged salary cap breaches on March 9, and since then numerous reports by this newspaper have detailed what appear to be systemic breaches.

Among the other revelations are a number of payments to former Parramatta players, including five transfers totalling $39,000 to former Eels star Jarryd Hayne after he left the club.


A sum of $27,500 was paid to former Eel Ben Smith, months after he retired, by a sporting goods manufacturer he had no contract with.

And there were separate third-party contracts involving former Eel Will Hopoate.

There is no suggestion Hayne, Smith or Hopoate, or any of the third parties, have done anything wrong.

PARRAMATTA’S SLIPPERY SLOPE

WHAT WE KNOW SO FAR:

1. Confidential boardroom documents show active discussion by Parramatta directors of the use of corporate boxes to reward third-party sponsors of its players in breach of the salary cap

2. They are also alleged to have discussed a pressing need to source promised third-party payments of $589,000, “plus two cars”

3. Five payments totalling $39,000 were made to former Eels star Jarryd Hayne after he left the club

4. $27,500 was paid to former Eel Ben Smith after he retired by a sporting goods manufacturer he had no contract with

5. The club is alleged to have used supremo invoices to cover up some third-party payments to players

6. The existence of separate third-party contracts involving Hayne and fellow former Eel Will Hopoate

http://www.dailytelegraph.com.au/sp...s/news-story/d8016b62440f972ccbd6b4944ca1aca9
 

Poupou Escobar

Post Whore
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91,285
I thought the club were allowed to organise third party deals, just not guarantee them.

Given the club has to report third party contracts, how could they do so if they hadn't been involved in organising them?
 

phantom eel

First Grade
Messages
6,327
Agree Pou, it's all to do with how the NRL define "amrs length". The DT would not necessarily be the experts.

Clubs obviously have to use (the propsect of) TPAs to entice players to sign on, and then clubs register the contracts (presumably with components of salary vs TPA) with the NRL. The Club would obviously be aware of how much/what type of TPA is required to sataisfy the contracts, and must take steps to source potential TPA suppliers - not actually guaranteeing or sourcing the goods themselves.

If clubs don't court TPA providers somehow, the whole contract system falls down. Ridiculous that the DT is chasing one club so hard on this... instead of asking the question how do all clubs manage it? Their agenda should be to tackle the TPA issue for the game as a whole, to make improvements to the system - rather than target specific directors at a specific club to meet an agenda.
 

Bandwagon

Super Moderator
Staff member
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44,880
Their agenda is to sell papers. That is all.

As for the TPA's themselves, given the clubs are responsible for ensuring they are registered with the NRL, i can't see how it could be possible that clubs would not be talking to TPA providers. Also given that six weeks ago was three weeks prior to the start of the season, would it not be reasonable to expect an increase in activity around such matters.
 
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19,389
I thought the club were allowed to organise third party deals, just not guarantee them.

Given the club has to report third party contracts, how could they do so if they hadn't been involved in organising them?

I believe that theey can put players in contact with potential TP sponsors who have indicated an interest in sponsoring players, but can play no role in the negotiation of any deals between the player and the TP (or guarantee the deal).

Obviously, the Marquee PLayer stuff is a different type of gravy.
 

IFR33K

Coach
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17,043
Arms length???? So the club can not build a relationship with a TPS????

How can this be governed?
 
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Twizzle

Administrator
Staff member
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153,173
Why would the NRL divulge all this to the DT while the investigation was still being held ??

You have to wonder about its accuracy.
 

84 Baby

Referee
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29,700
No way in the world it'll end well for the eels.

To much scrutiny.

Given what the Daily Telegraph Integrity Unit auditors have uncovered so far, at worst the suspended sentence gets unsuspended. It's a fishing exercise conducted by someone with an axe to grind and someone apparently trying to make a name for himself in a dying media. Jerkakoff has realised the only legal & viable way to have a trial by media is NRL (AFL in Victoria) and is flinging shit to condemn us
 

Glenn

First Grade
Messages
7,322
Why would the NRL divulge all this to the DT while the investigation was still being held ??

You have to wonder about its accuracy.

IF by some chance the NRL were as careless to divulge information to the Terrorgraph , then that opens up the possibility of legal challenges being persued by the club when any findings are finalised, as the NRL would be in breach of its guidelines, and corporate law regarding how investigations are handled.
 
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84 Baby

Referee
Messages
29,700
Power rangers are go go!!!

You got a problem with power rangers?

tumblr_mc278mTOJG1qzq4mdo1_500.jpg
 
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