Report on Salary Cap breach of Saracens to be published

Premiership Rugby have confirmed that the report of breaches in salary cap made by Saracens will be published.

The decision follows after Saracens raised no objections in letting the full report to be released into the public domain.

The Allianz Park outfit were docked 35 points in the ongoing season of Premiership and also were fined £5.36m in November for breaches in salary cap in 2016-17, 2017-18 and 2018-19 seasons.

The investigation was led by Lord Dyson and Saracens were given an uphill task of remaining within the £7m cap this season but the task proved next to impossible as they will now be relegated from the top tier at the end of season.

"Premiership Rugby welcomes Saracens' decision to withdraw its previous objection to publication of Lord Dyson's decision," Saracens said in a statement.

"We will now begin preparations for release of the decision. Further details will be provided in the coming days."

Saracens chairman Neil Golding echoed the club's sentiment as they are keen to bring more clarity on the issue.

"With regards to the publication of the disciplinary panel's full report, I am surprised by the suggestion that Saracens are objecting to the publication of the report.

"Since my appointment on January 9, I have spent considerable time in discussions with PRL [Premiership Rugby Limited] and nobody has asked me what my position is on the matter," he said.

"To confirm, we are keen for the report to be published in full, and I made PRL aware of this earlier today. It will provide much needed context and clarity."

Golding, who replaced Nigel Wray as club chairman recently also admitted that the club were not ready to open their books mid-season forcing them to opt for relegation and expressed confidence on overcoming the setback.

"Prior to my time here, there were discussions with PRL in relation to conducting a mid-season audit spanning several seasons.

"It would be fair to say that other PRL stakeholders were sceptical about our compliance with such an audit. We carefully considered the option of a full investigatory audit.

"However, that inevitably would have involved a long period of more financial and emotional strain, and this, in turn, meant this was not a viable option for us.

"We therefore agreed with PRL on relegation in the hope that we could draw a line under the mistakes made by Saracens with respect to compliance with the regulations and concentrate on putting our new robust procedures in place."

For the club that went on to win four Premiership titles in five seasons will now face an uphill task of convincing their top players and academy talents to feature in the second tier Championship