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Salary Cap

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El Diablo

Post Whore
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94,107
Stop the leaks

5774540_1419971_LD.png
 

emjaycee

Coach
Messages
13,683
Stop the leaks

LOL.
No leaks from the Club here mate. I just happen to understand the structure of the PLC Groups various entities and constitutions and who holds the NRL licence, etc. Our situation is not dissimilar to what the NRL has asked for and implemented in other clubs so it doesn't take an Einstein or an Escobar to work out what they are trying to do.
 

hineyrulz

Post Whore
Messages
152,580
You really need to run the club mate
Is what I said so hard??? Why do other less popular and supported clubs have no problem doing it?? Why with all our money, junior base and then our massive fan base do we struggle to compete????

Especially in a growing super city like Parramatta is???
 

Gronk

Moderator
Staff member
Messages
76,586
Is what I said so hard??? Why do other less popular and supported clubs have no problem doing it?? Why with all our money, junior base and then our massive fan base do we struggle to compete????

Especially in a growing super city like Parramatta is???

Vote 1 Hineyrulz.

With you and Ram in charge, we're in good hands.

:thumb
 

Bigfella

Coach
Messages
10,102
The two teams with a week off invariably finished top four. There's your correlation. So did the premiers win because they finished top four or because they had the week off?[/

Clearly in large part from having the week off.

Far more top four sides with weeks off won compare with top four sides who didn't.

That's not even close to being a good point
 

hineyrulz

Post Whore
Messages
152,580
Vote 1 Hineyrulz.

With you and Ram in charge, we're in good hands.

:thumb
So yes it is too hard to expect to organise TPA's without a conflict of interest and f**king up our cap???? Reach for the stars people!! :roll:
 

EelsFan05

Bench
Messages
2,955
http://www.dailytelegraph.com.au/sport/nrl/teams/eels/eels-salary-cap-drama-we-didnt-deliberately-mislead-nrl-says-chairman-steve-sharp/news-story/f971828a37423885ac1a49c2399f6da9?login=1

PARRAMATTA chairman Steve Sharp has vowed the Eels will fight to prove they did not intentionally set out to deceive the NRL over the latest salary cap drama involving star recruit Anthony Watmough.

Sharp has moved to assure Eels fans the club is “100 per cent confident” it will not be stripped of four competition points before the start of the 2016 season, or be forced to dump players to meet their obligations.

Parramatta have spent up big for 2016 with the recruitment of Kieran Foran, Beau Scott, Michael Jennings, Michael Gordon and Clint Gutherson to put together the club’s best roster in years.

But with the Eels already in strife for salary cap breaches from 2014, it has now been revealed the NRL is looking into a third-party deal involving Watmough, and whether it was properly disclosed to the NRL.

It relates to a salary cap guideline that forbids any company involved in a commercial relationship with an NRL club to also serve as a third-party sponsor.

Watmough’s TPA with ScoreCube, a wholly owned subsidiary of BlackCitrus, is at the centre of the new investigation.

The Eels have employed BlackCitrus in the past — and still do — with the IT firm providing a range of *services.

Stephen Moss, director of BlackCitrus, told The Daily Telegraph: “Any agreements that BlackCitrus had with previous or past NRL players have been fully approved in advance by the NRL.”

However, the problem for the Eels is that while Moss and Watmough, via his agent George Mimis, openly declared their plan to provide third-party sponsorship with NRL salary cap auditor Jamie L’Oste Brown, to the point where it was overseen by a lawyer acting for BlackCitrus before being signed off on, the question is, did Parramatta officials do the same?

Sharp is adamant if the Eels made a mistake here, it was not deliberate.

“The reported third-party deal was a registered third-party deal with the NRL,” Sharp said. “There is some queries whether it meets the salary cap rules or not.

“If it doesn’t then we will put that money on our salary cap and move forward.

The TAB are monitoring the situation closely. While they are yet to suspend betting, with the Eels $15 to win the premiership, the TAB said they were aware of the NRL inquiry.

Sharp said the club continued to work through its governance review with the NRL and believe they are on target to meet their obligations before the start of the season.

“We have corrected a whole heap of governance issues that we identified ourselves that were wrong and we are going forward,” he said.

“We have no intentions of starting minus four. Let’s put it in perspective, the minus four points hangs around the governance review of a salary cap breach from 2014.

“We have been working with the NRL. There was a couple of points that we got stuck on around constitutional change. We are working through those and hopefully by February 29 we will get a clean bill of health.”

Asked if losing players was a concern, Sharp added: “We have no intention of losing players. Our position going into 2016 is healthy. We won’t breach. We have got our salary cap in a pretty good order now.”

We have salary cap space to absorb the TPA to Watmough? Is Sharp basically admitting we f**ked up?
 

Suitman

Post Whore
Messages
55,700
Nah mate everything is under control we are just being whingers and not true fans......

No wonder the NRL want to put a broom through the joint......

It does make you wonder who is in control and overseeing such matters, and why we can't seem to be getting these simple things right.

Hadley went off his nut yesterday morning, referring to our current board as a bunch of muppets.

Suity
 

hineyrulz

Post Whore
Messages
152,580
It does make you wonder who is in control and overseeing such matters, and why we can't seem to be getting these simple things right.

Hadley went off his nut yesterday morning, referring to our current board as a bunch of muppets.

Suity
I hate agreeing with an agenda driven prick like Hardley but you can hardly argue can you???

It's amazing the team we have put together besides all the other rubbish going on, BA, DA and their team have done an excellent job in the circumstances.
 

El Diablo

Post Whore
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94,107
if there was something wrong with this then why did the NRL approve it?

i can't see the drama as they are not a club sponsor anyway
 
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