On one hand I'm not surprised that they got away with it for so long (lets face it, the Cap Auditor is not the right man for the job), and the fact that they only got busted due to an ex-employee telling the NRL what had gone on.
I dont know if the Storm can recover from this, the Bulldogs did, but they had a far stronger fanbase, history and support than the Storm do, lets face it, if News Ltd was not involved, the Storm would have died years ago.
If they do recover, It will be many many years before they are the force they have been the past 5 years, watch Newcastle, Balmain/Wests, and New Zealand start signing Storm players.
Love the move to the central Coast theory, keep Bellamy and some coaching staff, a few players (like Cronk) and just kill off the Storm franchise entirely, but News wont let that happen.
Looking For: Wreckers Saga TPB Collection (with Requiem)