More Wasps BS? (72 Viewers)

peaches and cream

Well-Known Member
So wasps broke a variation of the same rule is what you’re saying?
Budgets are set well before the season and expected call ups are factored in at that point Wasps over spent by 40K due the fact that Nathan Hughes who at the time was a permanent part of the England squad was expected to be away for the entire six nations but then due to injury missed the whole tournament, while it was technically a breach of the salary cap hence the fine it was not intentional or hidden and is actually something that happens quite regularly to numerous clubs each year,

“This is not a breach of the Regulations and there is no suggestion it was deliberate,” said a Premiership Rugby spokesman. “A number of adjustments were identified by the independent auditors which resulted in the overrun. These have now been addressed.”

Saracens in comparison systematically broke the salary cap for at least three years by at least 1.78million some may say that they just found a loop hole and exploited it the only problem is all the chairman signed up to an agreement that if they discovered a loop hole they were duty bound to highlight the loop hole immediately.
 

peaches and cream

Well-Known Member
This is interesting when projected against the fine that Saracens have incurred. If the disciplinary panel applied the same equation of a fine of 50p in the £, then they must have broken the salary cap by almost £11M? That is a serious level of cheating!
If someone has more knowledge on this - please correct me?
the fines increase as the value over the salary cap increases
 

Nick

Administrator
Budgets are set well before the season and expected call ups are factored in at that point Wasps over spent by 40K due the fact that Nathan Hughes who at the time was a permanent part of the England squad was expected to be away for the entire six nations but then due to injury missed the whole tournament, while it was technically a breach of the salary cap hence the fine it was not intentional or hidden and is actually something that happens quite regularly to numerous clubs each year,

“This is not a breach of the Regulations and there is no suggestion it was deliberate,” said a Premiership Rugby spokesman. “A number of adjustments were identified by the independent auditors which resulted in the overrun. These have now been addressed.”

Saracens in comparison systematically broke the salary cap for at least three years by at least 1.78million some may say that they just found a loop hole and exploited it the only problem is all the chairman signed up to an agreement that if they discovered a loop hole they were duty bound to highlight the loop hole immediately.

Is it like the falsified accounts weren't deliberate?
 

peaches and cream

Well-Known Member
The level of
Is it like the falsified accounts weren't deliberate?
Totally different conversation. this started with the post "Of course not, Wasps would never do anything like break the salary cap" by chiefdave which looked like an attempt to say Wasps are no different to Saracens when the fact is they are a very different set of circumstances. followed by "If it's allowed then why did they get fined?" by yourself and the simple answer was "nobody said it was allowed, if you get your sums wrong you get a fine" I fail too see how any of this is connected to falsified accounts statement unless of course you didn't quite get the answer you wanted to your previous statement.

If you really want an answer to "Is it like the falsified accounts weren't deliberate?" no its nothing like it, one is a budgeting issue that is not uncommon in rugby and rules are place to deal with along with the fact it was all declared and they didn't try to hide it and accepted the fine. in my opinion the other was a deliberate attempt to falsify the accounts to make them look better as i don't believe the people responsible for the fiances a multi-million pound company would "accidentally" make an error of that magnitude, they tried to cook the books and got caught
 

Nick

Administrator
The level of

Totally different conversation. this started with the post "Of course not, Wasps would never do anything like break the salary cap" by chiefdave which looked like an attempt to say Wasps are no different to Saracens when the fact is they are a very different set of circumstances. followed by "If it's allowed then why did they get fined?" by yourself and the simple answer was "nobody said it was allowed, if you get your sums wrong you get a fine" I fail too see how any of this is connected to falsified accounts statement unless of course you didn't quite get the answer you wanted to your previous statement.

If you really want an answer to "Is it like the falsified accounts weren't deliberate?" no its nothing like it, one is a budgeting issue that is not uncommon in rugby and rules are place to deal with along with the fact it was all declared and they didn't try to hide it and accepted the fine. in my opinion the other was a deliberate attempt to falsify the accounts to make them look better as i don't believe the people responsible for the fiances a multi-million pound company would "accidentally" make an error of that magnitude, they tried to cook the books and got caught

Did Wasps break the salary cap or not? Yes or No.
 

SkyBlueCharlie9

Well-Known Member
Wasps were criticised by their fans last season for ditching a number of high profile players in a short space of time. I wonder if they thought the RFU were going to be investigating them like Saracens .... ?
 

chiefdave

Well-Known Member
Wasps were criticised by their fans last season for ditching a number of high profile players in a short space of time. I wonder if they thought the RFU were going to be investigating them like Saracens .... ?
Property development and players owning housing seems to be involved at Saracens. Remember when Wasps owner purchased land next to Higgs to build housing on. That never happened and it seems the land has now been sold on.
 

Travs

Well-Known Member
Whilst I very much dislike Wasps.... I think Peaches and Cream has explained the rule violation well... we can throw a lot at Wasps, but it would appear that it was a genuine error (although I stand to be corrected.... the point about the fire-sale of players last year is a good one)... and they were fined accordingly.

whereas Saracens appears to be a deliberate breaking of the rules on a different scale
 

peaches and cream

Well-Known Member
Wasps were criticised by their fans last season for ditching a number of high profile players in a short space of time. I wonder if they thought the RFU were going to be investigating them like Saracens .... ?
Wasps had to release players like Nathan Hughes and Elliot Daley because their contracts were up and if we had paid what they were asking for it wouldn't have left enough money to invest in other players and stay under the cap, other clubs were willing to pay what they were asking for and so they moved on it happens at practically every club with a certain amount of players every season, other players were for want of a better term ditched as they were of an age and stage in their career where they were second choice and so they decided to move on to secure game time. and just to clear things up the finances of all clubs are checked at the end of every season
 

Nick

Administrator
Wasps had to release players like Nathan Hughes and Elliot Daley because their contracts were up and if we had paid what they were asking for it wouldn't have left enough money to invest in other players and stay under the cap, other clubs were willing to pay what they were asking for and so they moved on it happens at practically every club with a certain amount of players every season, other players were for want of a better term ditched as they were of an age and stage in their career where they were second choice and so they decided to move on to secure game time. and just to clear things up the finances of all clubs are checked at the end of every season

Didn't Daly trigger a clause in his contract to be able to leave?
 

peaches and cream

Well-Known Member
He had a clause in his contract regarding the club having a permanent training facility but according to the player himself he claims he didn't trigger it or use it, in reality he probably did but didn't want it to be public knowledge until after the season had finished. There were also other factors involved such as being offered more money, his partner still living in London and wanting to win things so taking that into account it was probably better he moved on and personally good luck to him as i believe he was outstanding for the majority of the time he played for wasps
 

Nick

Administrator
He had a clause in his contract regarding the club having a permanent training facility but according to the player himself he claims he didn't trigger it or use it, in reality he probably did but didn't want it to be public knowledge until after the season had finished. There were also other factors involved such as being offered more money, his partner still living in London and wanting to win things so taking that into account it was probably better he moved on and personally good luck to him as i believe he was outstanding for the majority of the time he played for wasps

Yeah, he chose to leave early by triggering a release clause he had in his contract.
 

oldskyblue58

CCFC Finance Director
It seems to me that just about all of the clubs are hitting to salary cap limit. It will be interesting to see how that affects player movement and salary demands in the next few seasons. In theory it should slow wage demands
 

peaches and cream

Well-Known Member
It seems to me that just about all of the clubs are hitting to salary cap limit. It will be interesting to see how that affects player movement and salary demands in the next few seasons. In theory it should slow wage demands
It's hard to know what each club spends but its very likely most clubs are at the salary cap, the cap is reviewed on a regular basis and periodically it is increased so unfortunately wages will continue to rise, clubs are also rewarded with extra credit for products of their youth system that play in the 1st team and each club is allowed two marque signing for players outside of the UK and their wages are outside of the salary cap
 

letsallsingtogether

Well-Known Member
It seems to me that just about all of the clubs are hitting to salary cap limit. It will be interesting to see how that affects player movement and salary demands in the next few seasons. In theory it should slow wage demands
Shame football dont do this!
 

COVKIDSNEVERQUIT

Well-Known Member
I’ve got nothing to do with the other people mentioned at all. I rarely agree with any of them
Nick. It’s your time to shine.
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See you at twickers
bring the bourbons

Didn't you know and Nick's lad played for the same team

Edit: your lad and Nick's lad I mean, wasn't implying you had a child together

Mental age and actual age

I think he’s SBKs secret love child

my a wimp what?

makes no sense. How am I two *faced? Thick prick.
Absolute fucking retard.
 

hill83

Well-Known Member
What’s your point?

me taking the piss out of nick and his Columbo bollocks in every thread, and rugby in general, fernando taking the piss out of me and nick. Me questioning how I’m two faced as I don’t think you know what two faced actually means.

Great post.

Or do you actually think I’m going to meet nick at Twickers with a pack of bourbons after the football match our son or sons play in on Saturday? Ha ha
 
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covcity4life

Well-Known Member
What’s your point?

me taking the piss out of nick and his Columbo bollocks in every thread, and rugby in general, fernando taking the piss out of me and nick. Me questioning how I’m two faced as I don’t think you know what two faced actually means.

Great post.

Or do you actually think I’m going to meet nick at Twickers with a pack of bourbons after the football match our son or sons play in on Saturday? Ha ha
sometimes its best to admit defeat mate

COVKIDSNEVERQUIT has absolutley done you!
 

Hobo

Well-Known Member
That's all that was needed in reply to asking if they broke the same rules as Saracens then.
Yes but I think Wasps breached them due to unforseen circumstances due to the injury of an international player. Saracens have breached them, it seems, by being deliberately creative to get around the rules.

Its a shame football hasnt really got the balls to punish properly the likes of Chelsea and Man City.
 

Covstu

Well-Known Member
Yes but I think Wasps breached them due to unforseen circumstances due to the injury of an international player. Saracens have breached them, it seems, by being deliberately creative to get around the rules.

Its a shame football hasnt really got the balls to punish properly the likes of Chelsea and Man City.
Chelsea’s van was for tapping up under aged players, not the same as creating fake businesses really?
 

Astute

Well-Known Member
Budgets are set well before the season and expected call ups are factored in at that point Wasps over spent by 40K due the fact that Nathan Hughes who at the time was a permanent part of the England squad was expected to be away for the entire six nations but then due to injury missed the whole tournament, while it was technically a breach of the salary cap hence the fine it was not intentional or hidden and is actually something that happens quite regularly to numerous clubs each year,

“This is not a breach of the Regulations and there is no suggestion it was deliberate,” said a Premiership Rugby spokesman. “A number of adjustments were identified by the independent auditors which resulted in the overrun. These have now been addressed.”

Saracens in comparison systematically broke the salary cap for at least three years by at least 1.78million some may say that they just found a loop hole and exploited it the only problem is all the chairman signed up to an agreement that if they discovered a loop hole they were duty bound to highlight the loop hole immediately.
Nothing to do with poor attendances when more support was expected?
 

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