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Finance Notes: Wests Tigers Facing Salary Cap Punishment From NRL

National Rugby League side Wests Tigers is bracing itself for a "heavy reprimand" from the NRL over an alleged salary cap breach involving a "lucrative" post-career ambassador role for Robbie Farah. The integrity unit will "hand down the findings" of its two-month investigation into the Farah deal when the ARL Commission meets at League Central on Tuesday (SYDNEY MORNING HERALD, 12/18).

Unsupported expenses, unapproved credit card use and unaccounted for complimentary tickets are "among the startling findings" in the independent audit of the Galway County Gaelic Athletic Association Board’s finances. Before "disgruntled clubs" make their voices heard at county convention, the audit was last week described by County Chair Pat Kearney as "damning." Meanwhile, Galway accrued almost €1.2M more in income this year from '17 (IRISH EXAMINER, 12/17).

Japan has seen "impressive growth" in its esports market in '18, according to a local industry survey, with the domestic scene growing to 4.8B yen ($42.3M), a figure 13 times that of the previous year. In past years, professional gaming was "severely limited" due to esports falling under the jurisdiction of local gambling laws. These laws capped event prize money at 100,000 yen ($880). To resolve the situation, a government-approved licensing system for esports professionals was launched (THE ESPORTS OBSERVER, 12/15).
For more coverage of the business of esports, visit our partners, esportsobserver.com.

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