The Melbourne Storm fall-out

The shock of the Melbourne Storm breaching the NRL salary cap will have deep repercussions for sport and is likely to deter corporate sponsors from coming to play.

The News Limited-owned rugby league team has been stripped of two premierships and fined a total of $1.6 million after an audit found they had severely rorted salary cap conditions over five years and had been operating two sets of books to hide the scheme from the NRL. Three of the past four seasons of one of Australia’s most popular sports have effectively been declared void.

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