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Boofhead
27-03-10, 04:59 PM
Statement from Jetstar Gold Coast Titans Managing Director Michael Searle

Dear Titans Stakeholder,

You may be aware that The Daily Telegraph Newspaper and other media outlets have published various allegations made by Mr Alex Simpson of Simcorp Developments & Constructions Pty Ltd to the effect that the Jetstar Gold Coast Titans and Scott Prince have been involved in salary cap infringements. Those allegations are entirely false.

Mr Simpson and Simcorp have been involved in litigation against the Titans for the past several weeks, and these allegations are merely the latest in a long line of incorrect assertions.

We have opened our books to the NRL and welcome any investigation of this latest complaint, confident that a comprehensive investigation will quickly demonstrate there has been absolutely no breach whatsoever of the salary cap provisions.

In the meantime, we?ll continue in our building dispute with Simcorp. We stand firm that we have paid in full every cent owed to Simcorp (including all payments due to subcontractors) and we are confident that litigation will end successfully for the club in the very near future.

As the court case is still on foot, we are limited as to what we can say about the matter generally. However, we can assure you that the club is very confident of its position moving forward and we fully expect that the truth will be revealed in its entirety in due course.

Yours Sincerely,

Michael Searle
Managing Director
Jetstar Gold Coast Titans

Boofhead
14-04-10, 03:31 PM
Titans Salary Cap Press conference

The National Rugby League has completed its initial findings in relation to Salary Cap allegations made against the Gold Coast Titans by Gold Coast builder Alex Simpson.

The Salary Cap auditors have looked at all material provided by Mr Simpson and have interviewed him and those ‘independent’ parties that he said would be able to corroborate his version of events.

Interviews were also conducted with Titans Chief Executive Michael Searle, Titans captain Scott Prince and player manager Steve Robinson.

“These allegations have been made in the context of an on-going legal dispute between Mr Simpson’s company and the Titans and it goes without saying that we will continue to monitor those proceedings,” NRL Chief Executive, Mr David Gallop, said.

To watch the Titans media conference in full simply click on the Titans TV video link below.

http://www.titans.com.au/default.aspx?s=titans-tv&vid=3963