In November, Saracens were docked 35 points and fined £5.4m for breaking Premiership Rugby's £7m salary cap for the past three seasons.However, they still remain over budget for this season (reportedly up to £2m) - and therefore face another 35-point penalty.At Tuesday's Premiership board meeting, Saracens were reportedly given the option of opening their accounts and handing back their trophies - or face relegation.They appear to have chosen the latter. This service is provided on News Group Newspapers' Limited's Our journalists strive for accuracy but on occasion we make mistakes. It is in the wider interests of the Premiership and English rugby to take this decisive step, to ensure everybody is able once again to focus on the game of rugby, which we all love.“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.”Saracens will compete in the Premiership through to the end of the current 2019-20 season and even though there is no salary cap in the Championship, will have to present their books for scrutiny before being allowed back up.The reigning European champions, the winners of four league titles in the last five years, are still in the Champions Cup running. They have been asked by the rest of the Premiership clubs to reduce that [the squad] back as well.”Saracens players were informed on Friday that the club had accepted a further 35-point deduction.Saracens players were informed on Friday that the club had accepted a further 35-point deduction. For further details of our complaints policy and to make a complaint please click Comments are subject to our community guidelines, which can be viewed Owen Farrell has reassured fans he won't leave despite relegation French clubs are circling Saracens' big guns after the Premiership side's relegationSaracens salary cap breach explained! "The situation has created several dilemmas for the club and its players. Premiership Rugby has confirmed Saracens will be relegated to the Championship at the end of the season.Winners of four league titles in the last five years, They faced the impossible task of reducing their wage bill by up to £2m to comply with salary cap regulations for the current season.The Saracens board have officially accepted the decision, issuing a statement which said: "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. In spite of the £5.36 million fine, the 35-point deduction and the difficulties I knew Saracens would have in complying with the salary cap this year, it is somehow still shocking that the five-time Premiership and three-time Champions Cup winners have been relegated to … REACTION: European rugby champions Saracens on Wednesday faced an angry call from rivals Exeter to be automatically relegated for breaching the English Premiership's £7 … The Premiership title holders' crashing fall from grace was confirmed by Premiership Rugby on Saturday.They will join English rugby's second tier next season alongside clubs like Ampthill, Jersey and Hartpury.Saracens have been unable to offload any players. Get all the sports news you need, direct to your inbox.Gallagher Premiership Rugby have announced that two-time defending champion Saracens will be relegated from the Premiership at the end of the 2019-20 season.The action comes at “the conclusion of dialogue between Premiership Rugby and Saracens over the club’s compliance with the Salary Cap Regulations”, which also resulted in a penalty of 35 deducted league points and a fine of nearly $7 million in November.Saracens have won four of the last five Premiership titles, and last season won the Heineken Champions Cup — the top professional club rugby competition in Europe — for the third time in four years.Thamel sources: Big Ten cancels football for fall season, will consider springMake better choices. Gallagher Premiership Rugby have announced that two-time defending champion Saracens will be relegated from the Premiership at the end of the 2019-20 season. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. • Club ‘unreservedly apologise’ for breaching salary cap rulesSaracens will be relegated from the Premiership at the end of the season after a fourth salary-cap breach.The reigning champions, who in November were fined more than £5m and Under the salary-cap regulations, breaches committed after the start of a season are punished the following campaign but Saracens, after talks with Premiership Rugby, decided to be relegated this season rather than wait a year.Neil Golding, Saracens’ chairman, said on Saturday: “I acknowledge the club has made errors in the past and we unreservedly apologise for those mistakes. 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