Main sponsors Allianz cut ties with Saracens

Ruben Hill
February 16, 2020

Saracens have been dealt a further blow today with insurance group Allianz set to end its sponsorship of the club and their Hendon stadium at the end of the season.

"At Allianz we act with transparency and integrity and living up to these high standards is very important to us". He was paid £1.6million for a 30 per cent share of his image rights.

In a further blow to the club, Saracens were fined €50,000 by EPCR last week after it emerged that they fielded an ineligible player, US worldwide Tito Lamositele, during their Heineken Champions Cup clash with Racing 92 last month. "We will be holding discussions with the club to confirm this shared understanding and commitment going forward". "No one at the club wanted this to happen".

"The club have said their piece".

Premier Rugby Limited commissioned an alternative valuation and estimated he had been overpaid by £800,000 and thus deemed that to be salary.

"On a person stage, I would not need anyone or all people realizing precisely what I'm incomes, however fortuitously we're not public officers - properly I'm not one fairly but! - so I do not assume there is a real want for that".

When requested if he nonetheless has enterprise dealings with Saracens' former proprietor and chairman Nigel Wray, who bankrolled the membership, Itoje defined: "Nothing has modified". Obviously there is a salary cap manager and his job is to make sure everything is as it should be'.

The news comes after it was confirmed last month that the English and European champions will be relegated to the second tier next term for breaching salary cap rules. "That's the reality of the situation".

Maro Itoje has said it felt like an "invasion of privacy" after he unexpectedly found himself at the centre of the Saracens' salary cap scandal. "We all came through at the same time and the club just seemed to be evolving and obviously then things got out of hand in the background and the accounts didn't add up. But I genuinely didn't think about it".

Other reports by Click Lancashire

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