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Author Topic: Gordon Reid: Former Scotland prop arrives on loan  (Read 1203 times)

Rossm

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SLAVA UKRAINI!
HEROYAM SLAVA!

Neils

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #1 on: November 09, 2021, 12:14:36 PM »
Now there's a surprise.
Let me tell you something cucumber

Rossm

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #2 on: November 09, 2021, 12:23:17 PM »
😘😘😘
SLAVA UKRAINI!
HEROYAM SLAVA!

Steve from Cov

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #3 on: November 09, 2021, 01:09:35 PM »
Welcome Gordon. Great news.

Shugs

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #4 on: November 09, 2021, 02:25:03 PM »
Plenty of experience

baldpaul101

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #5 on: November 09, 2021, 03:01:39 PM »
anyone know what the Salary cap rules are with respect to short term injury cover etc?

Wasps must be paying all their 18 or whatever injured players, but now will need to also pay salaries to the short term loanees, borrowed players etc.
I know they maybe weren't paying up to the cap but is there any dispensation for stuff like this?

MarleyWasp

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #6 on: November 09, 2021, 03:19:04 PM »
anyone know what the Salary cap rules are with respect to short term injury cover etc?

Wasps must be paying all their 18 or whatever injured players, but now will need to also pay salaries to the short term loanees, borrowed players etc.
I know they maybe weren't paying up to the cap but is there any dispensation for stuff like this?

From the Salary Cap guidelines for 2021/22 (https://d2cx26qpfwuhvu.cloudfront.net/premier/wp-content/uploads/2021/10/20131442/Salary-Regulations-2021-22-Board-Approved-23.09.21.pdf):

Quote
Injured Player Credit

3.30. A Club is entitled to credits for the cost of replacing one or more Injured Players up to a maximum of £400,000 (“Injured Player Credit”), provided that on each occasion the Salary Cap Director approves the cost in advance in writing. 

3.31. If the Injured Player is an Excluded Player, the cost of the replacement shall be included in the cap of £400,000.

3.32. A Club is only entitled to one Injured Player Credit per Senior Player per Salary Cap Year.

3.33. When applying for approval for an Injured Player Credit, the club must provide the Salary Cap
Director with:
3.33.1. the name of the Injured Player;
3.33.2. details of the injury, including the length of time that the Injured Player is expected to be injured;
3.33.3. an Injury Certificate signed by the Club’s doctor; and
3.33.4. details of the proposed replacement, including the replacement’s proposed Salary and how long the replacement shall be a Player of the Club (“Injury Credit
Period”).

3.34. The Salary Cap Director shall only approve an Injured Player Credit if the relevant criteria are met and he is satisfied that:
3.34.1. the replacement was not, and they had not agreed to become, a Senior Player of the Club from the time it became known that the Injured Player would not be able to play until the Salary Cap Director gives his approval; and
3.34.2. the replacement is comparable to the Injured Player in terms of position, Salary and experience, taking into account any mitigating circumstances, such as timing and prevailing market conditions.

3.35. If the Injured Player is selected for a match day squad in any competitive match during the Injury Credit Period, the entitlement to the Injured Player Credit shall be lost.

3.36. The Injured Player Credit can be no more than the Salary that was Paid to the replacement in a Salary Cap Year.

3.37. The Salary Cap Director has the power at any time to revoke or vary the Injured Player Credit to take into account any relevant information that they were not aware of or was false or
misleading when the credit was approved.

3.38. If the Salary Cap Director does not approve the Injured Player Credit, or revokes or varies the Injured Player Credit, the Club may appeal the decision to the Salary Cap Governance Monitor, who shall make a decision within 7 days of receipt of a written submission from the Club setting out why the Salary Cap Director should have approved the application.

An "excluded player" is basically a marquee player.

RogerE

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #7 on: November 09, 2021, 03:28:10 PM »
Also I seem to recall that for injuries that put a player out for more than a month insurance pays the injured players salary, so brining-in replacements shouldn't cost the Club too much.

However I should imagine that insurance costs will be enormous next season.

baldpaul101

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #8 on: November 09, 2021, 03:43:22 PM »
thanks Marley,

so Wasps can pay up to £400k in injury replacements provided the Salary cap director approves.
That should be enough, even if things get worse!

re insurance. I assume that a players salary is included in the cap whether paid by insurance or not, so not a factor in a cap breach, but handy for the club finances all the same.

re the insurance premium, I wonder whether its based on past inuries? if so you'd think Jack Willis would be un-insurable !  :)

wasps

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Re: Gordon Reid: Former Scotland prop arrives on loan
« Reply #9 on: November 09, 2021, 07:43:33 PM »

We should probably try to get a sports insurance company as a club sponsor