Transfers rumours

[snoopy snoopy dog dog]

Ben Te'o to Leinster
http://www.dailytelegraph.com.au/sp...ster-next-season/story-fni2fxyf-1226953513523

 

[ratsapprentice]

He's got a British passport apparently - I don't know how that would affect his Irish "project player"/IQ qualification.

Would be a good signing for Harlequins IMO.

 

[munstermuffin]

He's got a British passport apparently - I don't know how that would affect his Irish "project player"/IQ qualification.

Would be a good signing for Harlequins IMO.

Once he's never played internationally in Union then he'd be a project player.
Quinn Roux gone to Connacht opens up an NIQ slot although I don't know how the loan system with NIQ player works

 

[Feicarsinn]

Is he any good?

 

[Jaguares]

Joe Tomane ---> Queensland Reds

 

[Draggs]

Brok Harris, Western Province -> NGD.
Pat Cilliers, Western a Province -> Montpellier.

 

[Tony Manx]

Will Genia to Bath after the 2015 RWC?

 

[ratsapprentice]

Been doing the rounds for a long time - could very well be true.

I know a lot of Bath fans seem certain it's true and I recently saw an aussie guy on twitter say hew saw him meeting with Bath representatives.

It's supposedly why we're holding out on buying a really big SH.

 

[Patchey]

Sure that means you can't have spent *that* much on Burgess then?

 

[ratsapprentice]

Marquee player rule allows clubs to front load contacts.

 

[Patchey]

Marquee player rule allows clubs to front load contacts.

Front load?

 

[ratsapprentice]

For example:

A marquee player signs a three year contract worth £900k over the duration.

His salary will be:

Year 1 - £600k
Year 2 - £150k
Year 3 - £150k

In year 1 he is the marquee player so he doesn't count on the cap.
In year 2 and 3 he is on the cap but doesn't add much more than a regular first team player.
As opposed to paying them £300k a year and taking up a total of £600k over two years you quarter that by front loading the contract.

 

[Will]

Glasgow Warriors re-sign Euan Murray. On his game he's the best in his position. He hasn't been close to his best for about 5 years mind. Good solid signing though. I'm just glad we don't play too often on Sundays.

http://www.glasgowwarriors.org/news/14/06/19/murray-returns-glasgow-warriors

 

[j'nuh]

For example:

A marquee player signs a three year contract worth £900k over the duration.

His salary will be:

Year 1 - £600k
Year 2 - £150k
Year 3 - £150k

In year 1 he is the marquee player so he doesn't count on the cap.
In year 2 and 3 he is on the cap but doesn't add much more than a regular first team player.
As opposed to paying them £300k a year and taking up a total of £600k over two years you quarter that by front loading the contract.

Interesting... is this against the rules, or a loophole?

 

[TRF_Olyy]

Interesting... is this against the rules, or a loophole?

Definite loophole. There's nothing written against them paying someone £1m first year and £1 every year afterwards.

 

[Patchey]

For example:

A marquee player signs a three year contract worth £900k over the duration.

His salary will be:

Year 1 - £600k
Year 2 - £150k
Year 3 - £150k

In year 1 he is the marquee player so he doesn't count on the cap.
In year 2 and 3 he is on the cap but doesn't add much more than a regular first team player.
As opposed to paying them £300k a year and taking up a total of £600k over two years you quarter that by front loading the contract.

Interesting. I had no idea the system could be used in that way. Probably explains how other teams seem to be able to make fairly big signings every season without constantly losing players.

Presumably there some soccer style way of using image rights to give guys a bit more money without that counting towards the cap as well.

Regarding the rumour itself, Genia at Bath would be incredible for Baths fans, good for neutrals and terrifying for the rest of us!

 

[ratsapprentice]

I have no idea how egregiously they do it - and I doubt they have the audacity to pay players a £1 salary!
I should point out that I have absolutely no inside information and am not an accountant - but it's the most obvious bit of "creative accounting" that's not flagrantly cheating.

I'd imagine they do it for every high paid player they can - marquee or not... it' just frees up space in the future.

 

[munstermuffin]

I have no idea how egregiously they do it - and I doubt they have the audacity to pay players a £1 salary!
I should point out that I have absolutely no inside information and am not an accountant - but it's the most obvious bit of "creative accounting" that's not flagrantly cheating.

I'd imagine they do it for every high paid player they can - marquee or not... it' just frees up space in the future.

In Racing Metro in France Sexton got his 2 years salary up front and is on â'¬5 for year 2 he said in some article before but that is because of French tax laws it's a loophole. So it shows rugby clubs ain't stupid in that regard

 

[snoopy snoopy dog dog]

In Racing Metro in France Sexton got his 2 years salary up front and is on €5 for year 2 he said in some article before but that is because of French tax laws it's a loophole. So it shows rugby clubs ain't stupid in that regard

I'm sure that all players are trying to exploit tax loopholes but wouldn't a €5 salary for an entire year be against minimum wage laws?

 

[lynam1104]

I'm sure that all players are trying to exploit tax loopholes but wouldn't a €5 salary for an entire year be against minimum wage laws?

Perhaps €5 a day? Thats still less than the minimum wage isn't it?