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Due to the sheer scale of this comment community, we are not able to give each post the same level of attention, but we have preserved this area in the interests of open debate. The first step was to appoint a new independent chairman to lead on governance reform ensuring errors of the past are not replicated in the future. Billy Vunipola the latest player to commit to Saracens ahead of relegation to Championship. French clubs are circling Saracens' big guns after the Premiership side's relegation Credit: Getty. Saracens will see out their matches in the Premiership this season. Rugby Union Back in November the club were fined over £5million and docked a huge 35 points for breaching salary cap rules. It allows our most engaged readers to debate the big issues, share their own experiences, discuss real-world solutions, and more. Start your Independent Premium subscription today.Are you sure you want to mark this comment as inappropriate? Saracens will continue to play at Tottenham Hotspur Stadium despite their relegation to the Championship. The most insightful comments on all subjects will be published daily in dedicated articles. The Board must embody the values of the club, learn from its mistakes so the Club can come back stronger. Saracens Academy Saracens Men Saracens Storm Saracens Women Saracens Mavericks Saracens Author... Abdullah Mahmood Andrew Lennard Charlotte Marshall Lewis Hancock Bryn McCall Lucy Price Clare Ludlow Ryan Walters Saracens Ltd. Please continue to respect all commenters and create constructive debates.Enter your email to follow new comments on this article.“We hope that we can now start to move forward, begin to restore confidence and over time, rebuild trust with PRL, its stakeholders and the wider rugby community.”Want to bookmark your favourite articles and stories to read or reference later? “We understand this decision will be difficult for the Saracens family to accept. Furthermore, following open and frank discussions with PRL, we have accepted the unprecedented measure of automatic relegation from the Premiership at the end of the 2019-2020 season.The reigning champions’ crashing fall from grace was confirmed by Premiership Rugby on SaturdayCreate a commenting name to join the debateIndependent Premium Comments can be posted by members of our membership scheme, Independent Premium. ... Vunipola commits to Saracens ahead of relegation to Championship Players' agents are now scrambling to find clubs for worried Saracens players, many of whom could leave the club under relegation clauses in their contracts — should the club be demoted.Team coach Mark McCall has had a difficult job this season of steering his side clear of dangerAny compensation paid to players, as and when they are released early from contracts, must be included in this season's salary cap.The comments below have not been moderated.Part of the Daily Mail, The Mail on Sunday & Metro Media GroupSaracens' season is in chaos after breaching the salary cap and they're on brink of relegationFlankers Calum Clark and Michael Rhodes could also be released as a matter of urgency, while prop Juan Figallo could join the exodus.Two invidious options were presented to the disgraced domestic and European Champions at a Premiership Rugby (PRL) meeting on Tuesday.In November, Saracens were fined the largest sum in rugby history and dropped to the bottom of the table after a Sportsmail investigation prompted the inquest.PRL announced last month a comprehensive review of the cap regulations to be led by former government minister Lord Myners— and new CEO Darren Childs suggested that harsher punishments in future could include relegation and stripping of titles.However, a source told Sportsmail Saracens have admitted to being 'way over' the cap this season and have swiftly realised that they cannot cut costs sufficiently quickly and comprehensively.Under the present rules, any sanctions for breaches of the salary cap are used as a 'starting point' and can be upgraded or downgraded as necessary.The Premiership and European champions were hoping to slash their wage bill to avoid another breach of the cap.While a move to demote Saracens regardless of their points tally at the end of the season is not finalised, it is increasingly likely because they are struggling to meet the salary limit again this campaign.It is thought that Saracens stars will be called into a meeting on Friday to discuss the situationWhen new chief executive Ed Griffiths arrived at the start of the month, Saracens said they would take immediate steps to comply with the cap and were committed to following the rules.If Clark, Figallo and Rhodes make swift exits, Saracens could cut an estimated £800,000 from their wage bill in a bid to come down to the £7m ceiling.New CEO Ed Griffiths has said that the Wray family will continue to be committed to SaracensWe are no longer accepting comments on this article.Despite taking a step back, Wray's family remain heavily involved and will continue to bankroll the club.Chairman Nigel Wray retired from his role at the club amid the ongoing salary cap scandalNews of this latest development came on the day retired chairman Nigel Wray cut all formal ties with Saracens and handed his shares to his children in the fallout of the salary cap breach that rocked the sport.The Saracens squad will hold an emergency meeting at 8.30 on Friday morning to consider the latest incredible twist in this sorry tale.The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.Sarries were told they either had to hand back their titles won in the three years they have been proven to have broken the cap, and let auditors fully investigate club finances, or face the drop to the Championship in June.Saracens were contacted for comment.The latest Companies House files show that Wray's ownership has been transferred to the Edna Wray Grandchildren's Accumulation & Maintenance Trust.

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