Geelong fined by AFL over eight-year cap breach

Geelong has been hit with a $40,000 fine by the AFL for breaching the league's Player Rules.

According to a statement from the league, the Cats had voluntarily disclosed the breach as soon as it was discovered, with the team's co-operation being taken into account regarding the penalty.

Geelong's breach of the Total Player Payment (TPP) lodgement rules occurred due to an "inadvertent administrative error" was discovered by the AFL's Investigations Manager Ken Wood.

The club released a statement on Thursday afternoon, stating that it accepts the fine handed down by the AFL.

We made an inadvertent administrative error in our TPP related reporting that has been repeated over eight years," Geelong Football Club chief financial officer Simon Kelleher said.

"As soon as we discovered this error, we advised the AFL. The AFL investigated the matter and have passed down the sanction. We accept the penalty and have thoroughly reviewed our processes to ensure full compliance going forward."

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