Gold Coast Titans fined $300,000 and docked competition points for salary cap breach allegedly involving Scott Prince
MICHAEL SAUNDERS GOLD COAST BULLETIN OCTOBER 16, 2014 12:08PM
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Titans fined for salary cap breach
Former Gold Coast Titans captain Scott Prince is at the centre of a salary cap breach.
THE Gold Coast Titans have been hit with a hefty fine and a possible loss of competition points after a salary cap breach allegedly involving Scott Prince.
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For the breach the NRL issued a $300,000 fine and revoked four 2016 competition points, but suspended all of the points and $75,000 of the fine because the club reported itself.
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In a statement released today, NRL Integrity Unit revealed it has handed the penalty to the Titans after finding former captain Scott Prince was paid “substantially more” than his contract stated.
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“This difference in remuneration was never disclosed by the previous Titans administration or Prince and was only unearthed by the new management,” the statement wrote.
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“The investigation found no evidence of systemic rorting of the salary cap at the club.
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“The suspended fine and points will be applied if there are any further salary cap breaches by the Titans over the next two years.”
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Four other clubs — the Roosters, Knights, Sea Eagles and Wests Tigers — have been issued with fines totalling more than $90,000 for less serious salary cap breaches.
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NRL general manager of integrity Nick Weeks said all clubs were on notice that they risked losing competition points and faced heavy fines if they attempt to cheat the salary cap rules in future.
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He said the Titans penalty was issued following an investigation by the NRL Integrity Unity which was instigated by the new management of the club.
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Prince’s role as an NRL One Community Ambassador expires this month and will not be renewed.
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Weeks said the Titans penalty was no reflection on the current administration, which had worked with the NRL to resolve the matter.
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“Given the evidence currently before us, there are former officials from both clubs who are unlikely to be registered to be involved in the NRL in the future,” he said.
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“I am satisfied that clubs are generally attempting to meet their salary cap duties,” Mr Weeks said.
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“But all clubs are on notice that we have drawn a line in the sand.
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“If clubs breach the salary cap in the future they will face heavy penalties, including the loss of competition points.”
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PENALTIES FOR SALARY CAP BREACHES:
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Sea Eagles ($6,000 — overspend breach)
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Knights ($35,519 — overspend breach)
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Roosters ($40,000 — comprised of $20,000 fine and $20,000 suspended for two years. The penalty relates to a lack of substantive notes of negotiation)
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Tigers ($9,326 — NYC overspend)
http://www.goldcoastbulletin.com.au/sport/nrl/gold-coast-titans-fined-300000-and-docked-competition-points-for-salary-cap-breach-allegedly-involving-scott-prince/story-fnj9yd9w-1227092547445
Wow they get off cause they self reported and it was a previous Management…..
Now the NRL draw a line in the sand...pffft
MICHAEL SAUNDERS GOLD COAST BULLETIN OCTOBER 16, 2014 12:08PM
>
Titans fined for salary cap breach
Former Gold Coast Titans captain Scott Prince is at the centre of a salary cap breach.
THE Gold Coast Titans have been hit with a hefty fine and a possible loss of competition points after a salary cap breach allegedly involving Scott Prince.
>
For the breach the NRL issued a $300,000 fine and revoked four 2016 competition points, but suspended all of the points and $75,000 of the fine because the club reported itself.
>
In a statement released today, NRL Integrity Unit revealed it has handed the penalty to the Titans after finding former captain Scott Prince was paid “substantially more” than his contract stated.
>
“This difference in remuneration was never disclosed by the previous Titans administration or Prince and was only unearthed by the new management,” the statement wrote.
>
“The investigation found no evidence of systemic rorting of the salary cap at the club.
>
“The suspended fine and points will be applied if there are any further salary cap breaches by the Titans over the next two years.”
>
Four other clubs — the Roosters, Knights, Sea Eagles and Wests Tigers — have been issued with fines totalling more than $90,000 for less serious salary cap breaches.
>
NRL general manager of integrity Nick Weeks said all clubs were on notice that they risked losing competition points and faced heavy fines if they attempt to cheat the salary cap rules in future.
>
He said the Titans penalty was issued following an investigation by the NRL Integrity Unity which was instigated by the new management of the club.
>
Prince’s role as an NRL One Community Ambassador expires this month and will not be renewed.
>
Weeks said the Titans penalty was no reflection on the current administration, which had worked with the NRL to resolve the matter.
>
“Given the evidence currently before us, there are former officials from both clubs who are unlikely to be registered to be involved in the NRL in the future,” he said.
>
“I am satisfied that clubs are generally attempting to meet their salary cap duties,” Mr Weeks said.
>
“But all clubs are on notice that we have drawn a line in the sand.
>
“If clubs breach the salary cap in the future they will face heavy penalties, including the loss of competition points.”
>
PENALTIES FOR SALARY CAP BREACHES:
>
Sea Eagles ($6,000 — overspend breach)
>
Knights ($35,519 — overspend breach)
>
Roosters ($40,000 — comprised of $20,000 fine and $20,000 suspended for two years. The penalty relates to a lack of substantive notes of negotiation)
>
Tigers ($9,326 — NYC overspend)
http://www.goldcoastbulletin.com.au/sport/nrl/gold-coast-titans-fined-300000-and-docked-competition-points-for-salary-cap-breach-allegedly-involving-scott-prince/story-fnj9yd9w-1227092547445
Wow they get off cause they self reported and it was a previous Management…..
Now the NRL draw a line in the sand...pffft
