Premiership Rugby confirm Wasps have been fined for exceeding the leagues salary cap.
The midlands side exceeded the Premierships set salary cap by £40,538 last season.
Premiership Rugby can today confirm that following the completion of the independent audit of Salary spend for the 2016-17 Season, it was established that Wasps had overrun their limit.
In accordance with the Regulations, at this level of excess the Club will pay 50p per £1, being £20,264.
"This is not a breach of the Regulations and there is no suggestion it was deliberate," said a Premiership Rugby spokesman. "A number of adjustments were identified by the independent auditors which resulted in the overrun. These have now been addressed."