Cherry.Pie wrote:
Carneys Cover wrote:
http://www.dailytelegraph.com.au/sport/nrl...r-1225974123983
did not think we were involved in this off shore stuff
well reap what you sow we could end up in bother over this now along with other clubs obviously
I'm pretty sure it has absolutely nothing to do with the clubs, just the players. Not that I'm knowledgeable about this sort of stuff, but I think it was a way for the Aussie players to keep more of the money they earned and pay less in taxes.
It all counts on the salary cap anyway.
The negative for clubs is that they will have to pay more for overseas players and there could be some renegotiating going on.
Surely the clubs have the advantage given the players have signed a contract? On that basis I can't see the reason why a club would re-negotiate - the player took a risk on a loophole, it closed - hard luck.
The only implications are the potential raised values of future overseas players. Given the relative changes in exchange rate (UK Pound falling, Aussie Dollar rising), we may be getting to the end of the era of big name imports. Not the worst thing that could happen in my opinion for the long term health of the game - more opportunities for home grown lads to develop.
