Live

LIVE: Newsround

07:00 PM-07:30 PM

LIVE: Newsround
Advertisement

Sport

Saracens confirm they won't be appealing salary-cap punishment

Saracens chairman Nigel Wray has confirmed they have accepted their 35-point deduction for breach...

Neil Treacy
Neil Treacy

12:27 18 Nov 2019



Saracens chairman Nigel Wray has confirmed they have accepted their 35-point deduction for breaching the Premiership salary-cap.

The English and European champions were handed a 35-point deduction and a fine of more than £5m, after they were found guilty of breaching their domestic league's rules on salary.

Sarries owned and chairman Nigel Wray had entered into private business arrangements with a number of their high-profile stars, which was in breach on the league's salary-cap.

Despite pleading their innocence when found guilty a fortnight ago, the club have now accepted the hefty punishment, which sees them drop to the foot of the league table on -22 points, 26 points adrift of 11th place Leicester.

In a statement, Wray says that they have chosen against appealing the decision, adding that he now accepts that mistakes were made.

However, he says these mistakes were made in good faith.

"Any review or further appeal would be a costly, time consuming and destabilising exercise and so for the good of the game, the Premiership and this wonderful club and all its great people, a club which I have loved and served for 25 years, we have decided not to appeal but to take our punishment and hopefully soon put this behind us.

"I recognise that the arrangements between myself and players, made in good faith, which comprise the material element of the charges, should have been brought to the attention of the salary cap manager for consultation prior to entering into them.

"It is significant that following extensive investigations the independent panel stated that we have “not deliberately sought to circumvent the regulations” albeit we recognise that some of our actions were considered to be “reckless”," he says.

"As chairman, I must take full responsibility for the arrangements that led to this outcome. It is important to stress that our excellent coaching staff were not involved in these issues in any way," he added.

Crucially, the club say that they are currently within the salary-cap regulations, denying speculation they would be forced to offload some of their high-profile internationals.

"In addition, we can confirm that we are complying strictly with the salary cap regulations in the current season and will continue to work transparently with Premiership Rugby in this regard.

"We will shortly introduce robust independent governance measures acceptable to all, including the appointment to the Saracens board of a director, who will oversee a new governance regime. I will continue as always to support the club financially going forwards to ensure there is no financial instability or uncertainty."

 

As a result of their precarious position in the Premiership, the club fielded a second-string outfit for the opening game of the Heineken Champions Cup yesterday, going down 30-10 to Franch side Racing 92.

Download the brand new OTB Sports App in the Play Store & App Store right now! We've got you covered!

Subscribe to OTB Sports's YouTube channel for more videos, like us on Facebook or follow us on Twitter for the latest sporting news and content.


Read more about

Gallagher Premiership Heineken Champions Cup Saracens

Live: Title

Description

Added to queue
Removed from queue

On Air

Share

Share

Next up in queue

Title
Description
Duration

There are currently no podcasts in the queue

Go to podcasts

On Air

LIVE: Newsround

LIVE: Newsround

07:00 PM-07:30 PM

Share

Up next

LIVE: Off The Ball

LIVE: Off The Ball

07:30 PM-08:00 PM

Share

LIVE: Wednesday Night Rugby

LIVE: Wednesday Night Rugby

08:00 PM-09:00 PM

Share

LIVE: The Football Show

LIVE: The Football Show

09:00 PM-10:00 PM

Share

Repeat: Off The Ball

Repeat: Off The Ball

10:00 PM-12:00 AM

Share

Repeat: OTB AM

Repeat: OTB AM

12:00 AM-02:00 AM

Share

Repeat: Off The Ball

Repeat: Off The Ball

02:00 AM-05:00 AM

Share

Repeat: OTB AM

Repeat: OTB AM

05:00 AM-07:00 AM

Share

Highlights on Off The Ball

Highlights on Off The Ball

07:00 AM-07:30 AM

Share

LIVE: OTB AM

LIVE: OTB AM

07:30 AM-10:00 AM

Share

Repeat: OTB AM

Repeat: OTB AM

10:00 AM-12:00 PM

Share

Highlights on Off The Ball

Highlights on Off The Ball

12:00 PM-01:00 PM

Share

OTB Gold

OTB Gold

01:00 PM-02:00 PM

Share

LIVE: The Snap - American Football

LIVE: The Snap - American Football

02:00 PM-03:00 PM

Share

Highlights on Off The Ball

Highlights on Off The Ball

03:00 PM-06:00 PM

Share

OTB Gold

OTB Gold

06:00 PM-07:00 PM

Share

LIVE: Newsround

LIVE: Newsround

07:00 PM-07:30 PM

Share

00:00:00 / 00:00:00

Share on