There was a loophole, they exploited it for at least 3 years. It’s in the rules to notify the salary cap manager of any potential loopholes and Saracens did not, thereby making a mockery of the cap and threatening the integrity of our league.
Yes Wasps and Quins broke the cap due to admin errors that were basically going over the cap by one England credit due to injury/surprise non-selection, completely different ball park.