 |
|
 |
Rank | Posts | Team |
International Chairman | 14145 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Aug 2020 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
|
| | |
Rank | Posts | Team |
Moderator | 10969 | No Team Selected |
Joined | Service | Reputation |
Mar 2002 | 23 years | |
Online | Last Post | Last Page |
Jan 2023 | Jun 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
Moderator
|
| Quote Adeybull="Adeybull"Follow [url=http://www.therfl.co.uk/operational_rules=#800000this[/url link and download the RFL Official Guide. LOADS of useful stuff in there, including the full workings of the salary cap.
At its simplest, if a club owner (say) made a payment out of his own pocket, or own business, to (or for the benefit of) a player, and did not disclose that fact to the RFL, then it is hard to see how the RFL could be expected to pick that up. The risks are high, of course - not least where the effect is also to evade tax, which is why it is always assumed there is more scope with overseas players since they are usually non-doms. Whether anything like this has gone on or does actually go on anywhere is, and likely always will be, a matter for speculation only. I certainly have seen no evidence that it does.'"
As a fully paid up member of the sceptical brigade (sceptical that all clubs are being totally honest about the cap, that is) I wonder just how likely it would be for you to be able to spot any actual evidence?
I know you're a bright, clued up guy who would definitely know where to look and probably more importantly, exactly what to look for, but against that [ithey[/i themselves have similar attributes (or will be employing someone who does) who would, if my suspicions are correct, be making every effort to hide their illegal (in a tax sense) and against the competition rules activities.
Would it be easy/feasible to hide?
| | | |
Rank | Posts | Team |
Club Coach | 7239 | No Team Selected |
Joined | Service | Reputation |
Apr 2005 | 20 years | |
Online | Last Post | Last Page |
Aug 2024 | Feb 2020 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| If that sort of activity was going on (and I of course am not suggesting it is), I would suggest they are very very good at hiding it, as clearly the RFL haven't any evidence to suggest it's going on, and I'm sure they'd be more than happy to look at any evidence that did show up and act upon it.
On a completely and totally unrelated rumour, I understand that the news that Joel Monaghan has just been offered a deal with San Remo to start writing and performing music for concerts is completely untrue. I hear he's a very good singer though.
| | |
Rank | Posts | Team |
International Chairman | 14145 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Aug 2020 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| In reply to Bulliac: from the RFL? Absolutely, IMO.
From the tax authorities? Getting harder, but I have no doubt at all you could do it. But if your intention was primarily to pay players over the cap rather than to minimise the tax paid by the player, then this would hardly be a concern anyway.
Here's one indicative example I just dreamt up this minute. Its hardly a developed plan, so I'll not warrant it is free from holes but its to give an idea:
1 - Overseas player sets up an offshore personal service company.
2 - Player, via his offshore company, enters into a "consultancy" agreement (or similar) with an offshore company owned by a mate of the club owner, for say USD 20k/month
3 - Player's offshore company invoices owner's mate's offshore company at USD 20k/month.
4 - Owner's mate's offshore company invoices one of owner's companies (preferably offshore but need not be) say £21k/month for "market development and representation services " or similar.
5 - If the owner is concerned that his own company may not be able to claim the expense as a valid business expense, he just has the expense disallowed for tax or else reimburses the company out of his own funds.
6 - The player - being non-domiciled in the UK - is not taxed on the USD 20k/month provided he does not remit it to the UK. So he leaves it sat offshore. And provided he does not remit it back home, but draws on it and spends when overseas (or maybe uses a device like the Singapore Sling), he can probably avoid tax on it altogether.
I just dreamt that up, as a way of muddying the trail AND avoiding tax. Obviously would need more detail by the professionals, and there are loads of variations I could think of. Some much simpler - like handing over the ubiquitous brown envelope stuffed with notes...although that is getting much harder now if you are running legitimate businesses. And it does not have to be confined to overseas players - its just easier when the guy is a non-dom because you can keep the income out of sight of the UK taxman, and all the trails that creates.
The RFL salary cap auditor could hardly track any of this through, could he? If player was asked is he receiving anything else from the club or its owner or a connected party, he can answer "no". if owner is asked is he paying anything else to the player he can answer "no". And strictly, both would be telling the truth. If the question was extended to "are you, directly or indirectly, paying/receiving..." then it gets a bit more grey. But provided all parties keep their mouths shut, who would ever know?
And that is the key really: you'd likely only ever find out if someone opened their big mouth at some point.
But, I stress, this is all speculation and hypothetical - I have never heard any evidence of anything like this going on. But if I was a wealthy club owner, and if I was so minded, I am sure I could put arrangements in place to avoid the cap. But I am not wealthy, and even if I was I would prefer to be able to sleep at night and look at myself in the mirror next morning. I am sure all the club owners would feel the same?
| | |
Rank | Posts | Team |
Player Coach | 993 | No Team Selected |
Joined | Service | Reputation |
Apr 2009 | 16 years | |
Online | Last Post | Last Page |
Apr 2022 | Apr 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote Jimmybull="Jimmybull"[i"We don’t have any superstars so we can’t rely on that kind of quality to win games.”[/i
A touch of reality there - although given we can operate at the full cap im not sure why the likes of Wigan, Leeds, Warrington, Huddersfield and Saints can include superstars and we cant.'"
Remember Superstars are made they don’t just appear, and I believe we have the makings of a few.
| | | |
Rank | Posts | Team |
Moderator | 10969 | No Team Selected |
Joined | Service | Reputation |
Mar 2002 | 23 years | |
Online | Last Post | Last Page |
Jan 2023 | Jun 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
Moderator
|
| Quote Adeybull="Adeybull"In reply to Bulliac: from the RFL? Absolutely, IMO.
From the tax authorities? Getting harder, but I have no doubt at all you could do it. But if your intention was primarily to pay players over the cap rather than to minimise the tax paid by the player, then this would hardly be a concern anyway.
Here's one indicative example I just dreamt up this minute. Its hardly a developed plan, so I'll not warrant it is free from holes but its to give an idea:
1 - Overseas player sets up an offshore personal service company.
2 - Player, via his offshore company, enters into a "consultancy" agreement (or similar) with an offshore company owned by a mate of the club owner, for say USD 20k/month
3 - Player's offshore company invoices owner's mate's offshore company at USD 20k/month.
4 - Owner's mate's offshore company invoices one of owner's companies (preferably offshore but need not be) say £21k/month for "market development and representation services " or similar.
5 - If the owner is concerned that his own company may not be able to claim the expense as a valid business expense, he just has the expense disallowed for tax or else reimburses the company out of his own funds.
6 - The player - being non-domiciled in the UK - is not taxed on the USD 20k/month provided he does not remit it to the UK. So he leaves it sat offshore. And provided he does not remit it back home, but draws on it and spends when overseas (or maybe uses a device like the Singapore Sling), he can probably avoid tax on it altogether.
I just dreamt that up, as a way of muddying the trail AND avoiding tax. Obviously would need more detail by the professionals, and there are loads of variations I could think of. Some much simpler - like handing over the ubiquitous brown envelope stuffed with notes...although that is getting much harder now if you are running legitimate businesses. And it does not have to be confined to overseas players - its just easier when the guy is a non-dom because you can keep the income out of sight of the UK taxman, and all the trails that creates.
The RFL salary cap auditor could hardly track any of this through, could he? If player was asked is he receiving anything else from the club or its owner or a connected party, he can answer "no". if owner is asked is he paying anything else to the player he can answer "no". And strictly, both would be telling the truth. If the question was extended to "are you, directly or indirectly, paying/receiving..." then it gets a bit more grey. But provided all parties keep their mouths shut, who would ever know?
And that is the key really: you'd likely only ever find out if someone opened their big mouth at some point.
But, I stress, this is all speculation and hypothetical - I have never heard any evidence of anything like this going on. But if I was a wealthy club owner, and if I was so minded, I am sure I could put arrangements in place to avoid the cap. But I am not wealthy, and even if I was I would prefer to be able to sleep at night and look at myself in the mirror next morning. I am sure all the club owners would feel the same?'"
Actually I'm very much like you; I too am sure all club chairmen and CEOs are dedicated to being totally above board and can look at themselves in the mirror each morning without the slightest twinge of guilt anywhere in their minds. Then I look at the odd squad, supposedly put together with the same amount of money as all the other clubs, and I can but wonder........
| | |
Rank | Posts | Team |
Club Coach | 9203 | No Team Selected |
Joined | Service | Reputation |
Mar 2005 | 20 years | |
Online | Last Post | Last Page |
Feb 2025 | Feb 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| I think it must just be coincidence that the likes of Wire, Huddersfield, Wigan have owners with a bit of dough.
| | |
Rank | Posts | Team |
International Chairman | 14145 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Aug 2020 | Oct 2019 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Its clearly a case of all salary caps are equal; but some appear more equal than others?
| | |
 | |
All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.
Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.
RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.
Copyright 1999 - 2025 RLFANS.COM
You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.
Please Support RLFANS.COM
|
|