Saracens chief executive Edward Griffiths has refuted claims the club have made a U-turn over the group of players being released in the summer.

Reports have surfaced suggesting that the Guinness Premiership side sent out a letter at the start of this month to the affected players confirming the reversal. It is rumoured this came about because the new management discovered payoffs, which could stretch beyond £500,000, would come out of next season's £4m salary cap.

But Griffiths insists Saracens, who have promised to honour all contracts if the players fail to find new clubs, have not backtracked and it remains an ongoing process. He expects to be in a position to announce their squad for next season within a couple of weeks.

Griffiths said: "There was a series of private discussions between the incoming director of rugby Brendan Venter and a series of players. In those discussions nobody ever mentioned terminating contracts or culling players, all those words which have been used about the club.

"That process is a series of private discussions and that leads to a sequence of events and discussions. Some situations change, others don't and there is no question of backtracking. The director of rugby is trying to secure the best possible squad within the limitations, which like any business, are largely financial, so that situation is constantly moving.

"The club has made no statement so to suggest it is backtracking is ridiculous because we haven't made any statement about any player. And we won't make any statement about any player because that will prejudice their future.

"It is a little bit ironic that the club has been accused of treating players badly when, in fact, everything has been done in a way to give the players the best possible prospects. We've even been prepared to take a public relations hit to ensure that those players have the best opportunity to go forward."

The Men in Black were rocked by Eddie Jones' premature departure last week, but Griffiths insists the club is still united despite the exit of the former director of rugby. The CEO also claims any reports of confusion within the camp are unfounded.

The former Australia coach was expected to leave in the summer, but left Saracens on Friday after falling out with the new board over the direction of the club.

Griffiths said: "There was a meeting and an agreement between the club and Eddie that it would be best to draw a line under everything that happened and move on. That's what happened.

"I think there is a strong spirit within the club. There was before, there has been during this process, and I'm sure there will be for the remainder of the season. If people underestimate Saracens over the next few weeks they could pay the penalty.

"There is no confusion. I think sometimes confusion can be created but there is no confusion because we have a very clear strategy which is two-fold. One is success on the field and the other is commercial viability off the field. I don't think there’s ever been a clearer position."

Griffiths insists they can still enjoy a successful end to the season on the pitch.

He added: "They are professional people and I think the players and the coaching staff are a professional group so they set about their job in a professional way. I think they've done that well against Sale and Bath in the last few matches and were a bit unfortunate against Harlequins.

"You look at the remainder of the season and you get a win and a bonus point and suddenly, a season that looked as though it was going nowhere, suddenly becomes possible again.

"If you look at our last five matches, with maybe four wins you could be looking at somewhere near the top-four. Then if you get into the top-four then you've got the chance of anything."

Sarries' new chief executive also revealed the club have provisionally booked Wembley to host two games, likely to be in the autumn and spring, next season.

He added: "We have provisionally booked Wembley for two dates so are looking at staging two matches there. There are a couple of hurdles to be done which is the fine point of the negotiations and to get co-operation of PRL to make sure the matches we want to play at Wembley are scheduled on those dates.

"Assuming those hurdles can be cleared, and there is no reason to think they shouldn't be, then I think we can look to play two matches at Wembley next season. The season opener is at Twickenham and I don't think we would do it at Christmas because it's a bit too cold. So it would be an early autumn and a spring game."