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StoneX provides institutional clients with a complete suite of equity trading services to help them find liquidity with best execution and end-to-end clearing.
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Shawbrook
Shawbrook is a specialist savings and lending bank, offering personal loans, residential and commercial mortgages, business finance, and savings products.
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Castore
Castore is the world's first premium sportswear brand, for the discerning athlete who values attention to detail & precision performance features.
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WOB Competitions
WOB Competitions is a raffle business specialising in offering the chance to win luxury watches and hospitality to some of the UKs most famous and iconic sports venues.
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Hy-Pro
Dedicated sports brand creating durable training equipment to improve your core skills across all aspects of sport.
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Enmo
Provides premium protective activewear and technical gear to enable people of all abilities to enjoy their sport
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Zinc Sports
Keep pushing to create unforgettable experiences, for children, adults, and anyone in between. Zinc the UK’s No 1 Scooter Brand.
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Trek
TREK bars, which deliver natural, long-lasting energy with no artificial ingredients, believe in providing better snacks for the environment. Their 100% plant based ingredients show their ambition to keep ingredients as close to their original form as possible, keeping the best nutritional value, in every bar.
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Club Statement: Salary Cap

05.11.19
In association with
StoneX StoneX

Saracens Rugby Club is shocked and disappointed by these heavy-handed sanctions and will launch an appeal against all the Disciplinary Panel’s findings.

The Club is pleased the Panel acknowledged it did not deliberately attempt to breach the salary cap and steadfastly maintains that player co-investments do not constitute salary under the regulations. This view is supported by independent legal and professional experts.

The Club will continue to vigorously defend this position especially as PRL precedent already exists whereby co-investments have not been deemed part of salary in the regulations.

As previously stated, the Club made administrative errors relating to the non-disclosure of some transactions to PRL and for this we apologise. We are pleased to confirm we now have a robust governance framework in place and this will be overseen by an external counsel to ensure the Club follows best practice.

Furthermore, it is the Club’s belief that the Panel’s narrow interpretation of the regulations is detrimental to player welfare across the league and is damaging the development of elite level rugby in the UK.

Saracens is proud of its pioneering, innovative approach to player welfare, developing their talents and supporting their entrepreneurial spirit for life beyond rugby.

...

Q&A

The Club has received the Disciplinary Panel‘s findings and will be appealing. We are recognise that supporters will have a number of questions.  Hopefully, the following will address some of those. 

What happens during the appeal and how long will the appeal process take?

The sanctions will be suspended until after the appeal process is complete.  We do not know the timeframe for the appeal process.

Does this outcome affect any of your Premiership titles?

No.  Any points sanction that may be imposed in the future would not have an impact on any trophies the team has previously won.

Will the Club now be forced to sell players to comply with the salary cap?

No.  The Club allocates a set budget for player remuneration which the CEO and coaching staff take full responsibility for.  This budget falls within the salary cap and has no connection whatsoever to third party co-investments.

How does this verdict affect the Club’s transfer policy?

Regardless of the appeal, this outcome does not prevent the Club from signing new players.

How does this verdict affect the team’s preparation for the season ahead

Mark McCall, his coaches and players prepare for all of our games in the same focussed, committed way and that will continue to be the case. We are a very tight family and this will only make us closer.

 

 

 

 

 

 

 

 

 

 

 

 

 

Screenshot 2024 12 06 At 15.17.52

Saracens Men name Academy Side to Face Paarl Boys School

Saracens Academy can confirm the squads that will face Paarl Boys School tomorrow at the StoneX Stadium. Saracens will host South African school boy side Paarl Boys School in their final leg of their UK tour. The StoneX will house three games across Friday afternoon, with U16, U17 and U18 sides all in action. Coming […]

12.12.24
In association with
StoneX StoneX
Screenshot 2024 12 11 At 17.02.07

PRESS NOTES | Mark McCall pre Stade Francais (A)

Director of Rugby Mark McCall says Saracens Men have a huge opportunity to build on the momentum gained against Vodacom Bulls when they travel to Paris this weekend. The Men in Black will meet Stade Francais for the first time in their history, and the boss is under no illusions as to how big the […]

11.12.24
In association with
StoneX StoneX
Sara Update

NARRATIVES RECLAIMED AT SARACENS SCHOOLS DURING BLACK HISTORY MONTH

Children at Saracens High School and Saracens Bell Lane celebrated the contributions and cultures of Black communities during Black History Month. Saracens Bell Lane in Hendon is the first primary school to join Saracens Multi Academy Trust. During October each class at the community- serving school learnt about a different historical figure, such as Martin […]

10.12.24
In association with
StoneX StoneX

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