South Adelaide Fined for Salary Cap Breach

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South Adelaide Fined for Salary Cap Breach

Postby Wedgie » Fri Jul 28, 2006 5:32 pm

MEDIA RELEASE
SOUTH ADELAIDE FOOTBALL CLUB - SALARY CAP BREACH -

The matter of the alleged breach by the South Adelaide Football Club of the SANFL Salary Cap arising out of the 2005 season has, after a long investigation and consideration, been resolved.
This matter has now been concluded with acknowledgement by the South Adelaide Football Club of its breach of the League’s Salary Cap Regulations and by the SANFL imposition a fine of $50,000.00 on the Club which the South Adelaide Football Club has accepted.
A consequence of the initial investigations into the alleged breaches of the Salary Cap by the South Adelaide Football Club in late 2005, an exhaustive review of the League Salary Cap Regulations has been undertaken.
This has led to the Football Commission appointing a Salary Cap Investigation Committee comprised of persons who are independent of the League.
In addition, the Salary Cap Regulation has been considerably revised and re-drafted. It is now in almost final draft form with a view to it coming into operation on 1 November 2006.
The South Adelaide Football Club and the SANFL have entered into a confidentiality agreement on all details concerning the breach and no further comment will be made on this matter by either party.
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Postby mal » Fri Jul 28, 2006 5:35 pm

Surprise surprise.
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Postby Wedgie » Fri Jul 28, 2006 5:35 pm

If both the SANFL and SAFC agreed to a $50,000 fine which would normally be imposed for a first offence if a club was $50,000 over the limit anyone wish to estimate what the figure they were over the cap might actually be?
I would suspect there was considerable compromise with the fine with the debacle over if the Salary Cap Officer was a SANFL official or not.

Am I right in saying just 2 clubs have been fined for breaching the cap since its been imposed now (South and Central) or were there others?
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Postby another grub » Fri Jul 28, 2006 5:36 pm

Spoke to Darren Mead last night.... he said "nothing in it, we werent over" but did go on to say "this year is the worry, Cupido is costing us a fortune"
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Postby JK » Fri Jul 28, 2006 5:36 pm

Wow .. Big slap on the wrist that one :roll:
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Postby Wedgie » Fri Jul 28, 2006 5:37 pm

another grub wrote:Spoke to Darren Mead last night.... he said "nothing in it, we werent over" but did go on to say "this year is the worry, Cupido is costing us a fortune"


lol, they're not over but they're willing to pay a $50,000 fine for no reason?
Either Darren Mead's in the complete dark at South Adelaide or he's telling a porky or 2. :lol:
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Postby another grub » Fri Jul 28, 2006 5:42 pm

the pokies make that in a week down there...... $10 to get your car into the ground now too.
Rolling in it!!!
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Postby westcoastpanther » Fri Jul 28, 2006 5:55 pm

another grub wrote:Spoke to Darren Mead last night.... he said "nothing in it, we werent over" but did go on to say "this year is the worry, Cupido is costing us a fortune"


Please confine your trolling to the EP thread where us Rednecks believe everything......
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Postby mal » Fri Jul 28, 2006 6:02 pm

South were formed in the Victorian era.
And are currently in another Victorian era !
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Postby MightyEagles » Fri Jul 28, 2006 6:08 pm

No surprise here. Everyone knows that they went over, except D. Mead apparently. :wink: :?
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Postby Mickyj » Fri Jul 28, 2006 8:07 pm

MightyEagles wrote:No surprise here. Everyone knows that they went over, except D. Mead apparently. :wink: :?


well d mead did play for port adelaide :wink: :D
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Postby mighty_tiger_79 » Fri Jul 28, 2006 8:26 pm

im thinking that there are a couple of other clubs in trouble as well..............
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Postby stewie » Fri Jul 28, 2006 9:28 pm

Cupido alledgedly cost $80,000 which the Bays couldn't afford when he was looking for a better offer, a football mercinary.
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Postby CENTURION » Fri Jul 28, 2006 11:31 pm

Stiff shit. Aren't they gonna look stupid when they AGAIN don't make the finals. When will they learn. You don't need a team of champions to win a Premiership, you need a Champion team. Port have proven that for years.
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Postby Gravel » Sat Jul 29, 2006 1:27 am

Wedgie - I think the Eagles received a small fine for a minor breach.
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Postby Wedgie » Sat Jul 29, 2006 10:12 am

Cheers gravel, what you said was confirmed by Dougy Robertson's article today.

Shame South, Eagles and Central, Shame!

Kick all 3 of them out of the comp I say!
:lol:
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Postby mighty_tiger_79 » Sat Jul 29, 2006 10:20 am

not knowing how Cupido has done all year, in the 2 games against the Bays he has managed no goals and probably less then 15 touches in 240mins. I know he did kick 11 goals or something against west or sturt, but against stronger opposition????

he is probably the highest paid flop in recent years!!!!!!!!!!!!!!!!!!!!!!!
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Postby Adelaide Hawk » Sat Jul 29, 2006 12:23 pm

mighty_tiger_79 wrote:im thinking that there are a couple of other clubs in trouble as well..............


... and if not, there should be.
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Postby Dog_ger » Sat Jul 29, 2006 7:52 pm

Get Rid Of The Salary Cap...!!! Survive or FOLD...!
Smile :)

It's only Money $$$ :)

What is happening to our SANFL guys...
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Postby doggies4eva » Sat Jul 29, 2006 11:09 pm

If South were prepared to pay $50,000 without a fight that means that they knew it would have been more if there was a thorough investigation.
We used to be good :-(
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