Saracens to be relegated from Gallagher Premiership at end of season after salary cap breaches
Premiership Rugby has announced the decision after the club's salary cap breaches.
Darren Childs, chief executive of Premiership Rugby, said: "Premiership Rugby is prepared to take strong action to enforce the regulations governing fair competition between our clubs. "At the same as enforcing the existing regulations, we want to ensure a level playing field for all clubs in the future, which is why we have asked Lord Myners to carry out an independently-led review of the Salary Cap."
Neil Golding, chairman of Saracens, said: "As the new chairman of Saracens I acknowledge the club has made errors in the past and we unreservedly apologise for those mistakes.
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