Re: Wells & Kilner loaned to Toronto
Posted: Thu Feb 27, 2020 8:44 am
Being that Torronto are already up to the SC, I'd presume that we are still paying the wages for the duration of the loan.
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Under a live salary cap there would therefore be no benefit to the club through a reduction in wage bill. Unless a rule was allowed to anticipate the future payment which would reduce the salary cap by X?No straw damn us wrote: ↑Thu Feb 27, 2020 9:29 am On any loan deal the parent club continue to pay the players salary, they then invoice the club to whom the player is loaned an agreed amount on a monthly basis.
nathan_rugby wrote: ↑Thu Feb 27, 2020 1:54 pmUnder a live salary cap there would therefore be no benefit to the club through a reduction in wage bill. Unless a rule was allowed to anticipate the future payment which would reduce the salary cap by X?No straw damn us wrote: ↑Thu Feb 27, 2020 9:29 am On any loan deal the parent club continue to pay the players salary, they then invoice the club to whom the player is loaned an agreed amount on a monthly basis.
And the salary cap part is covered in the loans and dual registration partNo straw damn us wrote: ↑Thu Feb 27, 2020 3:58 pmnathan_rugby wrote: ↑Thu Feb 27, 2020 1:54 pmUnder a live salary cap there would therefore be no benefit to the club through a reduction in wage bill. Unless a rule was allowed to anticipate the future payment which would reduce the salary cap by X?No straw damn us wrote: ↑Thu Feb 27, 2020 9:29 am On any loan deal the parent club continue to pay the players salary, they then invoice the club to whom the player is loaned an agreed amount on a monthly basis.
See section A3:7
https://www.rugby-league.com/flipbooks/ ... .html#p=26