Cave in for Shark light at end of tunnel

[Swans4ever]

Cronulla Sharks face paying big payouts and compensation payments to any players charged with doping
REBECCA WILSON
THE DAILY TELEGRAPH
MAY 13, 2013 12:00AM

The Cronulla playing group has been under pressure. Picture: Brett Costello Source: The Daily Telegraph
THE impact of the Cronulla doping allegations could be far-reaching for the football club because it faces huge payouts and compensation payments to any players charged with doping. NRL sources claim the club has already spent more than $500,000 on legal fees in an effort to head off the impact of the scandal. The legal advice to the Sharks has been that the financial fall-out will be crippling for a club already on its knees with debt. Any player charged with doping violations is likely to sue the club for a breach in its duty of care and will also be paid out until the end of his contract. That alone could end up costing the Sharks up to $10 million. "Those players will argue they did not know they were taking illegal substances and that the club is culpable," the source told The Daily Telegraph. "The old board could face huge payouts and the club's insurance simply won't cover it." Any players suspended will also have to be replaced. "The Sharks could run into huge payments to a new crop of players just to keep the team running on to the field," the source said. "They also face the prospect of being sued by the bigger-name players for loss of future earnings. "The club's risk management insurance does not cover that contingency." To add to their already substantial woes, NRL insiders are deeply concerned about the impact of any large-scale doping violation on the new billion-dollar television deal. If Cronulla faces financial ruin, the NRL may be faced with a huge rescue package just to maintain the 16-team competition, a prerequisite of the television contract. "The team may have to be relocated," he said. "This has huge ramifications for the entire league."Cronulla's football general manager Steve Noyce yesterday admitted that he was unsure what happens next. "ASADA's solicitors advised our legal representatives that they will not be proceeding with the (player) interviews," Noyce said. "That's all I really know. "The investigation is still ongoing and processes are still in place and have to be correctly followed."
http://m.dailytelegraph.com.au/sport/nr ... 6640667197
Unlike Essendon who have money, massive membership and sponsors, this club doesn't have a major sponsor
With them reducing their debt of 13.5 mil last year with Bluestone Capitol handing over 10 mil as part of the 400 mil Shark Park redevelopment, they were expecting to turn over a 1 mil profit this year http://www.theleader.com.au/story/11465 ... r/?cs=1633. That estimate must be in jeopardy now with its future again uncertain. Bluestone Capital no doubt will also be considering their position. No doubt along with Penrith this is another club with serious issues.

[Beaussie]

Oh dear, what a rabble this club has become in the Shire.

[Raiderdave]

an article nearly a month old

News flash you singlet wearing fucksticks

ASADA has called the investigation into the Sharks ...... OFF about 2 weeks ago !!
so tell me how would one go about suing their club when they been found guilty of nothing by ASADA exactly?

oh the outta control dumbness

[Swans4ever]

The Cronulla Sharks have confirmed that the Australian Sports Anti-Doping Authority (ASADA) has terminated all forthcoming player interviews scheduled for its investigation into alleged drug use in sport.

According to a report in the Daily Telegraph, officials from the NRL club were informed of ASADA's decision on Saturday.

The paper suggests the decision does not signal the end of the investigation but that officials from the anti-doping agency will instead rely on information they have already attained.

The anti-doping authority has been probing the NRL club since February but the first interview with back-rower Wade Graham almost two weeks ago ended abruptly when lawyers from both parties failed to agree on the line of questioning.

http://www.abc.net.au/news/2013-05-12/a ... ws/4684408

You idiot Assradider they haven't cleared them orbhave they terminated the investigation, all they have done is terminated the interviews because Cronulla players and Officials are not co-operating (me thinks they have something to hid!). You are such an idiot!

[Raiderdave]

The Cronulla Sharks have confirmed that the Australian Sports Anti-Doping Authority (ASADA) has terminated all forthcoming player interviews scheduled for its investigation into alleged drug use in sport.

According to a report in the Daily Telegraph, officials from the NRL club were informed of ASADA's decision on Saturday.

The paper suggests the decision does not signal the end of the investigation but that officials from the anti-doping agency will instead rely on information they have already attained.

The anti-doping authority has been probing the NRL club since February but the first interview with back-rower Wade Graham almost two weeks ago ended abruptly when lawyers from both parties failed to agree on the line of questioning.

http://www.abc.net.au/news/2013-05-12/a ... ws/4684408

You idiot Assradider they haven't cleared them orbhave they terminated the investigation, all they have done is terminated the interviews because Cronulla players and Officials are not co-operating (me thinks they have something to hid!). You are such an idiot!

yes **********
they will rely on their current compiled evidence






& this thread ends.............................. here !

[Judge J]

Actually no it doesn't, because I remember seeing somewhere that Cronulla have not been co-operative with the investigation. I suspect that if ASADA go on what they have, Cronulla could be facing several criminal charges.

This will be interesting to follow.

[Xman]

Asada have brought in a heavy weight lawyer from the USA. They terminated interviews with the sharks because they wouldn't co operate. The article from the tele showed ASADA already have a substantial amount of evidence against the sharks to suspend players

[Raiderdave]

Asada have brought in a heavy weight lawyer from the USA. They terminated interviews with the sharks because they wouldn't co operate. The article from the tele showed ASADA already have a substantial amount of evidence against the sharks to suspend players

sure cockhead
sure

[Swans4ever]

The Cronulla Sharks have confirmed that the Australian Sports Anti-Doping Authority (ASADA) has terminated all forthcoming player interviews scheduled for its investigation into alleged drug use in sport.

According to a report in the Daily Telegraph, officials from the NRL club were informed of ASADA's decision on Saturday.

The paper suggests the decision does not signal the end of the investigation but that officials from the anti-doping agency will instead rely on information they have already attained.

The anti-doping authority has been probing the NRL club since February but the first interview with back-rower Wade Graham almost two weeks ago ended abruptly when lawyers from both parties failed to agree on the line of questioning.

http://www.abc.net.au/news/2013-05-12/a ... ws/4684408

You idiot Assradider they haven't cleared them orbhave they terminated the investigation, all they have done is terminated the interviews because Cronulla players and Officials are not co-operating (me thinks they have something to hid!). You are such an idiot!

yes **********
they will rely on their current compiled evidence






& this thread ends.............................. here !

Which means - SEE YOU IN COURT CRONULLA!

Which means for Cronulla - $ $ $ $ $ $

Which means for their future - bye bye!

Maybe a month old but facts are facts!

You idiot Raiderdave!

[Judge J]

Asada have brought in a heavy weight lawyer from the USA. They terminated interviews with the sharks because they wouldn't co operate. The article from the tele showed ASADA already have a substantial amount of evidence against the sharks to suspend players

sure cockhead
sure

Be prepared for a rather nasty jolt of reality.