The Parramatta Eels have been hit hard by the NRL for salary cap breaches – docked at least 12 points for the season and clobbered with a $1 million fine.
The NRL Integrity Unit also stripped the club of the Auckland Nines competition title it won this year.
The major penalties announced were:
• The club will be fined the maximum penalty of $1 million (with $250,000 suspended if the club accelerates the governance reforms recommended by PWC within a specified time frame)
• The Parramatta Eels will be docked all competition points accumulated so far this season while their team was in breach of the salary cap. The club will be able to begin accruing points as soon as it makes the necessary changes to comply with the 2016 cap.
The Eels, who are $570,000 over the salary cap for 2016, will have to make some drastic adjustments to meet the cap and resume accumulating points for the season.
The NRL has also issued notices to three members of the club’s board and two members of the executive requiring them to show cause why their registrations should not be cancelled. They are chairman Steve Sharp, his deputy Tom Issa, director Peter Serrao, CEO John Boulous and football manager Daniel Anderson.
The Eels would need to win 12 of their 15 remaining games for them to have a chance to play finals football – if they fix their cap issues before their next game.
Coach Brad Arthur told media that “We are all disappointed but we haven’t given up hope.” – Jesse Mullens
NRL logo from the NRL website.