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Exeter reveal what they've done with their £350k Saracens fine

By Ian Cameron
(Photo by Alex Davidson/Getty Images)

Exeter Chiefs have revealed what they’ve done with the £350k Saracens salary cap fine that was doled out to each of the remaining 12 Premiership Rugby clubs.

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It was reported yesterday that the remaining Premiership clubs would receive £490k, but in fact the sum appears now to be £350,000.

In a statement the West Country club revealed how they’re using the windfall.

“The Exeter Chiefs Foundation, the club’s official charity, is today set to benefit to the tune of £350,000.

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“The six-figure sum has been donated to the Foundation by the club’s board of directors, who voted unanimously to hand over the share of money provided to the other 12 Gallagher Premiership clubs, including the Chiefs, following the fine imposed on Saracens after being found guilty of breaching the league’s stringent salary cap regulations.

In November, Saracens were docked 35 league points and fined £5.3m by an independent review panel after they “failed to disclose payments to players in each of the seasons 2016-17, 2017-18 and 2018-19″ and “exceeded the ceiling for payments to senior players in each of the three seasons”.

Exeter fine
Chiefs CEO Tony Rowe

Tony Rowe OBE, chairman and chief executive of Exeter Rugby Club, said: “Following the unexpected sum of £350,000 being awarded to the club, the Board of Directors have decided unanimously that this money will be going straight to the club’s charity, the Exeter Chiefs Foundation.

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“As this sum was not budgeted for, and looking at our own future forecasts, we feel we do not need to absorb this sum of money into the Rugby Club.

“Given where it has come from, the board felt it should go straight into the Foundation’s Funds, which will benefit hugely and use the money to help a great deal of charities and organisations within our local community.”

“The £350,000 award to the Foundation will take the charity’s official fundraising total to almost £2m and will be allocated to a wide range of charities and organisations who apply for project grants.”

New Saracens CEO Edward Griffiths told RugbyPass: “We have the utmost respect for Tony Rowe (Exeter chairman) and the Exeter Chiefs but as a policy we would not comment either positively or negatively on the internal matters of another Premiership club.”

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Bull Shark 1 hours ago
Jake White: Are modern rugby players actually better?

Of the rugby I’ve born witness to in my lifetime - 1990 to date - I recognize great players throughout those years. But I have no doubt the game and the players are on average better today. So I doubt going back further is going to prove me wrong. The technical components of the game, set pieces, scrums, kicks, kicks at goal. And in general tactics employed are far more efficient, accurate and polished. Professional athletes that have invested countless hours on being accurate. There is one nation though that may be fairly competitive in any era - and that for me is the all blacks. And New Zealand players in general. NZ produces startling athletes who have fantastic ball skills. And then the odd phenomenon like Brooke. Lomu. Mcaw. Carter. Better than comparing players and teams across eras - I’ve often had this thought - that it would be very interesting to have a version of the game that is closer to its original form. What would the game look like today if the rules were rolled back. Not rules that promote safety obviously - but rules like: - a try being worth 1 point and conversion 2 points. Hence the term “try”. Earning a try at goals. Would we see more attacking play? - no lifting in the lineouts. - rucks and break down laws in general. They looked like wrestling matches in bygone eras. I wonder what a game applying 1995 rules would look like with modern players. It may be a daft exercise, but it would make for an interesting spectacle celebrating “purer” forms of the game that roll back the rules dramatically by a few versions. Would we come to learn that some of the rules/combinations of the rules we see today have actually made the game less attractive? I’d love to see an exhibition match like that.

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