Roosters Response to NRL revealing total TPA amounts.
The Sydney Roosters have today responded to fans concerns about their lack of TPA's by sending the following group email to all 13 of their members:
Sydney Roosters club benefactor 'Uncle' Nick Politis has today made the following statement in response to fans concerns that the club will not be able to meet player payments.
"Several fans have made contact with either myself or the club with concerns about the NRL's recent disclosure regarding clubs total amount of TPA's (Third Party Agreement's). Some fans are worried that the club may not be able to pay players the full amount of their exorbitant salaries, since the NRL have revealed that the Sydney Roosters are one of the paupers of the NRL in regards to TPA's."
Uncle Nick went on to say "The confusion amongst Roosters members is very understandable, this is a complex system and you guys aren't the sharpest tools in the shed. The thing members need to bear in mind is that the Roosters barely utilise the TPA's compared to other clubs. Most of our players contracts fall under the FPA system (Fourth Party Agreement's). On the streets the FPA's are more commonly known as BPB's (Brown Paper Bag's) to your average punter. Although the FPA system is not exclusive to the roosters, they are one of the few clubs where this process is NRL sanctioned.
Uncle Nick finished by saying "We have recently engaged Ian Schubert to oversee this process and NRL CEO Todd Greenberg has asked that if Ian finds any breeches that he disclose them to the NRL. How we laughed. Also in other news we remain in negotiations with Munster, Taumololo, Morgan and others in an ongoing attempt to strengthen our reserve grade team."
SOURCE : Members Email (ME)
