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Otters United
- Jun 21, 2011
- 56,447
- 113,862
- AFL Club
- Geelong
- Moderator
- #1
Oops...Geelong have been whacked with a $40,000 fine over a salary cap breach.
The Geelong Football Club accepts the fine handed down today by the AFL in relation to breaching the AFL Player Rules.
“We made an inadvertent administrative error in our TPP related reporting that has been repeated over eight years,” Geelong Football Club chief financial officer Simon Kelleher said.
“As soon as we discovered this error, we advised the AFL. The AFL investigated the matter and have passed down the sanction. We accept the penalty and have thoroughly reviewed our processes to ensure full compliance going forward.”
The Geelong Football Club accepts the fine handed down today by the AFL in relation to breaching the AFL Player Rules.
“We made an inadvertent administrative error in our TPP related reporting that has been repeated over eight years,” Geelong Football Club chief financial officer Simon Kelleher said.
“As soon as we discovered this error, we advised the AFL. The AFL investigated the matter and have passed down the sanction. We accept the penalty and have thoroughly reviewed our processes to ensure full compliance going forward.”