Somewhat ironically, Saracen’s challenge to the findings (which was rejected by the independent panel) wasn’t that they believed they had acted within the confines of the cap, but punishing them for breaching it was anti-competitive...
I have no issues in them wanting to assemble an incredible squad capable of competing with the best clubs in Europe. If they want to spend beyond the cap, also no issues. Just not in this league, with it’s pre-agreed confines to operate within.