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Saracens are facing the “devastating” threat of being docked 35 points and fined over £5million for multiple breaches of Premiership Rugby’s salary cap regulations.
Club chairman Nigel Wray says the club, who are back-to-back Premiership champions and reigning European champions, will appeal against what they describe as “heavy-handed” punishments.
The launching of an appeal means the sanctions will be suspended.
Had the points penalty come into effect immediately, it would have left the team on -26 points after three games played in the early Gallagher Premiership standings.
Should the appeal fail and the original sanctions are upheld, the club are liable for the full £5,360,272.31 within 21 days of the decision under Premiership Rugby regulations – a huge financial penalty alongside the sporting sanction.
Wray said in a statement: “For over 25 years, I have put my heart and soul into the gam
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