NickyKiss wrote:
So the old level playing field teams wanted isn’t quite as level as they’d hoped for. I’d read about the tax rules helping them out but wasn’t aware there was anything more to it. So basically they won’t break any cap rules but that’s because they’re legally able to get more money in to their players pockets. I’m happy for teams to pay what they think they can afford anyway but it makes a mockery of bothering with a cap in the first place.
The RFL I believe agreed an exchange rate for the euro equivalent and currently (since Brexit) Catalans are on the best side of that conversion (or at least they were when it was last set for a certain period).
The Tax rules are just one of the incentives, there's pension rules and bonuses for top level sportspeople if they stay for "x" amount of time and if they remain in the country for a certain period after their contract then even some ofnthe tax they have paid gets returned etc.
Top line
Let's say Wigan offered Tomkins 300k a year for 3 years
He would take home maybe 550/600 of that over here
He signs a deal say at 325 at catalans and walks away with closer to 800k and with other pension and incentives to stay he will get more than that 800k as some of the tax etc he's paid he will gey back AFTER the fact
Now the above numbers are obviously made up for illustrative purposes
But the reality is the 2.1m cap (or whatever it is) were working to can in effect be classed as 25/30% higher as over here the players end up with say 1.5 of that in there pocket
French players will start with more in euros than the current Euro to GBP conversion rate, then of that money will end up with tax breaks in France with say 1.9million of that in their pocket plus other breaks at the end/2years after when some is paid back to them.
Obviously Marquee and all that is a slightly different subject but whatever is paid above the marquee level just exaggerates the gap even further.
It's not that they're necessarily paying more, it's just that the players end up with more in their pocket.