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Premiership Rugby and European champions Saracens have been docked 35 points and fined £5.3m after being found guilty of breaching the salary cap

Saracens will appeal against all disciplinary panel’s findings after being docked 35 points and fined £5million following being found guilty of breaching the salary cap

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Saracens will appeal against all the disciplinary panel’s findings after being docked 35 points and fined £5million following being found guilty of breaching the salary cap.

The Premiership and European champions received the biggest sanction in the history of the Premiership on Tuesday, after arrangements between their multi-millionaire owner Nigel Wray and star players including Owen Farrell were scrutinised. 

Following the punishment, Saracens released a statement which said the club will appeal.

Premiership Rugby and European champions Saracens have been docked 35 points and fined £5.3m after being found guilty of breaching the salary cap

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Premiership Rugby and European champions Saracens have been docked 35 points and fined £5.3m after being found guilty of breaching the salary cap

The statement read: ‘Saracens Rugby Club is shocked and disappointed by these heavy-handed sanctions and will launch an appeal against all the disciplinary panel’s findings.

‘The Club is pleased the Panel acknowledged it did not deliberately attempt to breach the salary cap and steadfastly maintains that player co-investments do not constitute salary under the regulations. This view is supported by independent legal and professional experts.

‘The Club will continue to vigorously defend this position especially as PRL precedent already exists whereby co-investments have not been deemed part of salary in the regulations.

Owen Farrell (pictured) is among the Saracens players who had co-investment arrangements with owner Nigel Wray

Owen Farrell (pictured) is among the Saracens players who had co-investment arrangements with owner Nigel Wray

Owen Farrell (pictured) is among the Saracens players who had co-investment arrangements with owner Nigel Wray

‘As previously stated, the Club made administrative errors relating to the non-disclosure of some transactions to PRL and for this we apologise. We are pleased to confirm we now have a robust governance framework in place and this will be overseen by an external counsel to ensure the Club follows best practice.

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‘Furthermore, it is the Club’s belief that the Panel’s narrow interpretation of the regulations is detrimental to player welfare across the league and is damaging the development of elite level rugby in the UK.

‘Saracens is proud of its pioneering, innovative approach to player welfare, developing their talents and supporting their entrepreneurial spirit for life beyond rugby.’

In March, Sportsmail published the findings of a four-month investigation into Saracens and their owner Wray (pictured here with the Premiership trophy after their title triumph in 2018)

In March, Sportsmail published the findings of a four-month investigation into Saracens and their owner Wray (pictured here with the Premiership trophy after their title triumph in 2018)

In March, Sportsmail published the findings of a four-month investigation into Saracens and their owner Wray (pictured here with the Premiership trophy after their title triumph in 2018)

 

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