Owen Farrell Saracens chairman Nigel Wray retires just two months after club’s salary cap breach

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Owen Farrell Nigel Wray QUITS as Saracens chairman in the wake of the salary cap scandal as he admits ‘it’s time for a fresh start’ for the club shamed by his co-investment deals with players

  • Saracens chairman Nigel Wray retired in the wake of the club’s salary scandal
  • The Premiership club were fined £5.36million and were given a points deduction
  • Since the decision in November, Wray decided not to travel to away fixtures
  • Wray holds a number of co-investments with players including Owen Farrell

By Will Kelleher For Mailonline

Published:|Updated:

Saracens chairman Nigel Wray – whose investments with players saw the club break the Premiership salary cap – has retired with immediate effect.

The 71-year-old multi-millionaire owner has been embattled since Saracens were forced to pay a £5.36million fine and were deducted 35 league points two months ago for indiscretions over the last three seasons.

Since that decision was accepted by Wray he has chosen not to travel t

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