BREAKING: The NRL has reportedly announced its punishments for the Sharks and Tigers salary cap scandals.
The Daily Telegraph exclusively reported the Sharks have been hit with a $750,000 fineThe report states the NRL has suspended $500,000 of the club’s fine because chief executive Barry Russell self reported the reported discrepancies on the club’s books relating to cap breaches in 2015.
The $700,000 cap reduction has also been spread across the 2019 and 2020 seasons, meaning the club will be $350,000 under the cap for the next two seasons and will have to cut at least one player.The Wests Tigers have also had their $750,000 slashed by an NRL agreement to have half of the amount suspended.
The NRL has also backflipped on the fate of provisionally deregistered Wests Tigers chief executive Justin Pascoe, who will reportedly be allowed to return to the game mid-way through this season.Pascoe was accused by the NRL of failing to disclose a third party ambassadorial agreement with club great Robbie Farah before he agreed to be released to South Sydney a few years ago.
Meanwhile, reports claim rival clubs are still intending to swoop on any players the Sharks are forced to cut.
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