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NIGEL WRAY has relinquished his role as Saracens chair with immediate effect.
The reigning Premiership champions received a 35-point deduction and were fined more than £5 million in November for breaching league salary-cap regulations.
Saracens say that a new independent chairman will be “appointed imminently.”
Wray, 71, has provided financial backing for Saracens throughout the sport’s 25-year professional era.
And he says his family will “continue to provide the required financial support to the club.”
In a statement released by
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