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Cronulla Sharks under investigation for salary cap discrepancies

28th August, 2018
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Cronulla and the NRL insist they’re confident the Sharks are salary cap compliant headed into the finals series after it was revealed they club self reported for historical discrepancies surrounding third-party payments.

News Corp Australia reported on Tuesday night that new chief executive Barry Russell had found issues dating back to the 2015 season while under previous management at the club.

According to the report, the initial figure of concern is believed to be around $250,000, however computer servers have been handed over to the NRL for them to make inquiries.

Crucially, the Sharks won their maiden premiership the following year in 2016, however it’s reported at this stage that title is not in danger of being revoked.

Regardless though, the drama has the potential to disrupt the Sharks who enter the final round of this season in fourth and as one of the form clubs of the competition.

“The Cronulla Sharks informed the NRL Integrity Unit earlier in the year of salary cap discrepancies relating to historical third-party player payments, discovered during a club instigated governance review,” the Sharks said in a statement.

“The Sharks self-reported to the NRL and asked for their assistance in investigating this matter.

“The club is fully cooperating with the NRL Integrity Unit, allowing them access to any information they require to complete their investigation.

“The discrepancies occurred under previous club management. This is a historical issue, we are currently salary cap compliant for the 2018 season having passed our mid-season salary cap review.”

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A spokesman for the NRL also confirmed the club had asked the integrity unit to make the inquiries.

“Those inquiries are ongoing so we are not in a position to comment further at this stage,” the spokesman said.

“However based on the information available, the Sharks and all other clubs are salary cap compliant for 2018.”