Jonny May

Forum to discuss everything that is Tigers related

Moderators: Rizzo, Tigerbeat, Tigers Press Office, Tigers Webmaster

sam16111986
Super User
Super User
Posts: 3675
Joined: Thu Sep 11, 2008 6:27 pm
Location: Shepshed

Re: Jonny May

Post by sam16111986 » Fri Dec 27, 2019 10:04 am

JP14 wrote:
Fri Dec 27, 2019 9:12 am
Liam Williams is on a pretty good wage at Saracens, I’d imagine that would pay for May.
Liam Williams would qualify as a marquee player whereas May would not. That could be a factor.

Sarries will have to reduce their overall squad size but they will still want to keep adding quality.

Cagey Tiger
Gold Member
Gold Member
Posts: 1815
Joined: Thu Oct 06, 2005 2:27 pm
Location: South Lincolnshire

Re: Jonny May

Post by Cagey Tiger » Fri Dec 27, 2019 10:11 am

From what I have read, it seemed that it was just the property investment companies set up jointly with Nigel Wray were what caused the breach. He thought that they were not covered by the salary cap. I think that their "standard" salary bill was within the cap. No joint investments were made this season. Hence "no problem". Maybe. Ish. Sort of.

JP14
Super User
Super User
Posts: 5005
Joined: Tue Jul 18, 2017 7:37 am
Location: Neverland

Re: Jonny May

Post by JP14 » Fri Dec 27, 2019 11:39 am

Perhaps he could have been marquee.
"Our Greatest Glory Is Not In Never Failing, But In Rising Every Time We Fall" Confucius

Bunchy
Gold Member
Gold Member
Posts: 835
Joined: Thu Sep 01, 2005 3:02 pm
Location: Berkhamsted

Re: Jonny May

Post by Bunchy » Fri Dec 27, 2019 2:20 pm

sam16111986 wrote:
Fri Dec 27, 2019 10:04 am
JP14 wrote:
Fri Dec 27, 2019 9:12 am
Liam Williams is on a pretty good wage at Saracens, I’d imagine that would pay for May.
Liam Williams would qualify as a marquee player whereas May would not. That could be a factor.

Sarries will have to reduce their overall squad size but they will still want to keep adding quality.
Williams not even close to marquee at Sarries - "only" £400k per year whereas itoje and Farrell are £700k
Less is more....

kornboy130
Super User
Super User
Posts: 4686
Joined: Thu Nov 09, 2006 7:48 pm
Location: Behind You

Re: Jonny May

Post by kornboy130 » Fri Dec 27, 2019 3:57 pm

Cagey Tiger wrote:
Fri Dec 27, 2019 10:11 am
From what I have read, it seemed that it was just the property investment companies set up jointly with Nigel Wray were what caused the breach. He thought that they were not covered by the salary cap. I think that their "standard" salary bill was within the cap. No joint investments were made this season. Hence "no problem". Maybe. Ish. Sort of.
It's more layered than that though - this is purely hypothetical with the figures but the concept holds: If Itoje is worth £700k to you and you pay him £300k in he cap and £400k through payments you thought were outside it but it turns out are not - this season you cut the £400k of investments from his package but he is still worth £700k to you/the market - you have to now find that £400k or somewhere near it which will result in other players taking reductions or players being let go.

Tiglon
Gold Member
Gold Member
Posts: 1599
Joined: Sat Sep 03, 2011 8:54 pm

Re: Jonny May

Post by Tiglon » Fri Dec 27, 2019 4:18 pm

kornboy130 wrote:
Fri Dec 27, 2019 3:57 pm
Cagey Tiger wrote:
Fri Dec 27, 2019 10:11 am
From what I have read, it seemed that it was just the property investment companies set up jointly with Nigel Wray were what caused the breach. He thought that they were not covered by the salary cap. I think that their "standard" salary bill was within the cap. No joint investments were made this season. Hence "no problem". Maybe. Ish. Sort of.
It's more layered than that though - this is purely hypothetical with the figures but the concept holds: If Itoje is worth £700k to you and you pay him £300k in he cap and £400k through payments you thought were outside it but it turns out are not - this season you cut the £400k of investments from his package but he is still worth £700k to you/the market - you have to now find that £400k or somewhere near it which will result in other players taking reductions or players being let go.
I can't see this causing them any problems until these players' contracts are up for renewal. Any investments will have been agreed outside of the employment contracts, so those contracts will remain and the players will continue on whatever salary they agreed to - they just won't be given any further investments. When it comes to negotiating a new contract that 300k + 400k will now only be 300k, so it will be much easier for other clubs to compete and much more difficult for Sarries to keep so many players.

They don't need to let go any players, they just need to stop making investments in their companies. Simple as that.

mol2
Super User
Super User
Posts: 3270
Joined: Wed May 02, 2007 5:48 pm
Location: Cosby

Re: Jonny May

Post by mol2 » Fri Dec 27, 2019 4:57 pm

If, for an example an Itoje is worth £700k on the open market, if the £300k of that that used to come from "investments" can no longer come from investments and has to be paid as declared income he will still command £700k whether that is salary, cash payments to his company or investments to the equivalent is largely irrelevant.

The only way it may change is if Sarries have artificially inflated the salaries of all top players by paying more than the competition. If not he will go to the club that pays him £700k legitimately (for the club)

Remember these payments are not illegal for the player to receive, merely the teams that do it are breaching a contractual agreement with the league which is a civil matter, and we should not imply that the players are evading tax or doing anything wrong. How individual clubs play their players is in many ways irrelevant if it is legal (tax etc) and declared as income to the league for cap calculation. I would imagine many clubs play their players through sponsorship arrangements with backers, that in itself is fine.

ABClub
Silver Member
Silver Member
Posts: 684
Joined: Tue Dec 13, 2016 4:58 pm

Re: Jonny May

Post by ABClub » Fri Dec 27, 2019 5:06 pm

Bunchy wrote:
Fri Dec 27, 2019 2:20 pm
sam16111986 wrote:
Fri Dec 27, 2019 10:04 am
JP14 wrote:
Fri Dec 27, 2019 9:12 am
Liam Williams is on a pretty good wage at Saracens, I’d imagine that would pay for May.
Liam Williams would qualify as a marquee player whereas May would not. That could be a factor.

Sarries will have to reduce their overall squad size but they will still want to keep adding quality.
Williams not even close to marquee at Sarries - "only" £400k per year whereas itoje and Farrell are £700k
Only one of Farrell and Itoje can be marquees. The 'second marquee' needs to be signed from outside the Prem.

Williams is Sarries second marquee player now. Schalk Burger was before him.

Post Reply

Who is online

Users browsing this forum: LE18, Wayne Richardson Fan Club and 2 guests