41 hours ago - 1 Likes
CEO's voice opposition to cap
Penrith chief executive Shane Richardson has led a chorus of opposition to a proposed salary-cap increase, even though his National Rugby League club stands to benefit from its approval.
The Sydney Roosters, Bulldogs, Brisbane and St George Illawarra will push for an increase of up to $500,000 on the $3.25 million cap at next week's chief executives meeting in Sydney. Those teams are heavily backed by their leagues clubs and would benefit enormously from an increased cap.
But Richardson says the game's powerbrokers and club officials should ensure any extra funds are ploughed into junior development. NRL boss David Gallop says he is interested to hear the chief executives' views next week.