Saracens owner Nigel Wray has confirmed the club will appeal the findings of an investigation which led to a 35 point reduction and £5.3m fine for breaching salary cap rules.
“For over 25 years, I have put my heart and soul into the game I love. Together we have created something incredibly special with the Saracens family, both on and off the field,” Wray said.
“This is absolutely devastating for everyone associated with this amazing group of players, staff, partners and fans. It has been acknowledged by the Panel that we never deliberately sought to mislead anyone or breach the cap and that’s why it feels like the rug is being completely pulled out from under our feet. We will appeal all the findings.”
A full Saracens club statement can be found below.
Club Statement: Salary Caphttps://t.co/iizFflokZv— Saracens Rugby Club (@Saracens) November 5, 2019