Leicester Tigers have been fined £10,000 (R236,000) by Premiership Rugby for breaching salary cap regulations during the 2019-20 season. The breach involved additional payments of £47,136 (R1.12 million) that were not declared as part of the club's salary cap.
In a recent development, the Premiership Rugby has announced that Leicester Tigers have been fined £10,000 (R236,000) related to a breach of salary cap regulations during the 2019-20 season. The breach, which resulted in additional payments of £47,136 (R1.12 million), comes as a separate matter from the £310,000 (R7.3 million) fine the Tigers were handed two years ago. According to Premiership Rugby , the additional payments were identified in the 2019-20 campaign.
Despite the breach, Leicester Tigers avoided any points deduction. An investigation by league bosses found that the club had failed to comply with salary cap regulations by arranging for a third-party company to make payments to the image rights companies of their players. These payments, which were made over four seasons from 2016-17 to 2019-20, should have been declared as part of Leicester’s salary cap but were not disclosed. The news of Leicester’s latest infraction comes in the wake of Saracens’ high-profile salary cap breaches
Leicester Tigers Salary Cap Breach Premiership Rugby Fine Additional Payments
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Easter weekend roads update: More than 1 000 arrested, over 900 000 fines issuedLaw enforcement officials stopped and checked thousands of vehicles since the start of the Easter holidays.
Read more »
White Bengal tigers relocated to wildlife facility after being kept as petsThe National Council of SPCAs (NSPCA) confirmed that the two white Bengal tigers kept as pets on an Impala Park property are adapting well after being relocated to a wildlife facility.
Read more »
Basketball Africa League's Cape Town Tigers face long wait for play-off qualification confirmationBasketball Africa League's Cape Town Tigers face long wait for play-off qualification confirmation
Read more »
Lacklustre Cape Town Tigers still has hope to qualify to next roundLacklustre Cape Town Tigers still has hope to qualify to next round
Read more »
Leicester fined for breach of salary capLeicester Tigers have paid an 'over-run tax' from Premiership Rugby relating to a breach of salary cap regulations during the 2019-20 season, it has been announced.
Read more »
English club poaches elite talent and potential future Springbok from BullsJunior Springbok of the Year and elite talent Corné Beets has opted to trade the Bulls for English side Leicester Tigers.
Read more »