Cardiff FC and FC Nantes appear to be rowing over the payment of the transfer fee for the late Argentinian striker Emiliano Sala, who is believed to have died when the plane carrying him to Wales crashed in the English Channel. The Welsh club told L'Equipe newspaper on Wednesday that Nantes had demanded a €6 million payment for part of Sala's transfer. "The first thing is that the body has not been recovered yet. We must show respect for the family," Cardiff FC chairman, Mehmet Dalman, told the French newspaper. He then added that the club would honour the payment "when we think it's the right time to do." A Nantes FC source disputed the report to Euronews, saying that while Nantes had indeed issued a demand for payment, it had done so on January 21, before Sala's disappearance. The club is said to be considering legal action to ensure the transfer fee is paid. Body found The Argentine striker, 28, had signed a €17 million contract with Cardiff City — a record for the … [Read more...] about Emiliano Sala: Nantes demand first tranche of transfer fee from Cardiff, who say it’s premature
Odegaard transfer fee
Dortmund, Germany – Christian Pulisic became the most expensive American soccer player in history after completing a transfer to English club Chelsea from Borussia Dortmund on Wednesday. Chelsea paid 64 million euros – $73 million – for the 20-year-old Pennsylvania-born winger. The fee is easily the biggest paid for an American player, surpassing the reported 20 million euros – $22.5 million – spent by German team Wolfsburg for John Brooks in 2017. "It was always Christian's big dream to play in the Premier League," Dortmund sporting director Michael Zorc said. "That certainly has to do with his American origins, and so it wasn't possible for us to extend his contract." Pulisic's contract with Dortmund was due to expire at the end of next season. He will be loaned back to Dortmund for the rest of this season. "It is a privilege to have signed for such a legendary club," Pulisic said of the London team that has won five Premier League … [Read more...] about Christian Pulisic to join Chelsea as most expensive American player transfer fee
Paris Saint Germain’s summer transfer activity came to an end in (Seine)sational style!The facts speak for themselves:The two largest football transfer fees in history – £366M combined spending on Neymar da Silva Santos Junior and Kylian Mbappe;Combined wages of a reported £700k/week (both on 5 year contracts).The signings of Neymar and Mbappe are an extraordinary statement for a club competing in Ligue 1; a league not considered to be the wealthiest of leagues comparative to its leading European competitors (Premier League, Bundesliga, La Liga, and Serie A).This highlights the resources available to PSG’s Qatari owners and the expenditure that they are prepared to incur to put PSG at the head of European club football’s top table. PSG are owned by Oryx Qatar Sports Investments, an arm of Qatar’s sovereign wealth fund with access to £194 billion. And the financial juggernaut shows no signs of easing up as recent reports suggest that … [Read more...] about UEFA’s Financial Fair Play Regulations: Neymar, Mbappe and PSG’s transfer policy – “Financial Doping” or Market Forces?
The summer transfer window has been open for less than two weeks but, at the time of writing, football clubs in the top five European leagues have already completed 454 deals worth a total of £981.4 million. With a month still remaining before the transfer window closes in the majority of countries, there is still plenty of time in which for clubs to do their business.Recent transfer windows have been notable for a series of high-profile, high-value transfers into the Chinese leagues. 2016 saw Ezequiel Lavezzi move from Paris Saint-Germain to Habei China Fortune for a reported £41.49 million, while Carlos Tevez moved from Juventus to Shanghai Shenhua for £32.99 million and Brazilian play-maker Oscar joined Shanghai SIPG for £20.8 million. Those three players are now in the top five earners in world football. Lavezzi reportedly earns £798,000 a week, Tevez is reportedly paid £634,615 a week and Oscar reportedly takes home … [Read more...] about The Chinese Player Transfer ‘Tax’: An Analysis
Home Daily News Former law firm of disbarred lawyer Stan… Law Firms By Debra Cassens Weiss Posted October 9, 2018, 3:15 pm CDT A dissolved Ohio law firm once owned by mass-torts lawyer Stanley Chesley has agreed to pay fen-phen diet-drug litigants $19.1 million to resolve their unjust enrichment claims stemming from attorney fee overcharges in the mass-tort case. The agreed judgment signed Oct. 3 by U.S. District Judge Robert Cleland is part of a larger $23.5 million settlement, according to Angela Ford, a lawyer for the plaintiffs. The Cincinnati Business Courier, the Cincinnati Enquirer and WCPO have coverage. The law firm, Waite Schneider Bayless & Chesley, acknowledged unjust enrichment in the agreed judgment, which also bars the transfer of assets to Chesley, his agents and his family members. The broader settlement releases from liability lawyer Thomas Rehme and Chesley’s wife, U.S. District Judge Susan Dlott, who was not a defendant in the litigation, Ford told … [Read more...] about Former law firm of disbarred lawyer Stan Chesley agrees to pay $19M for fee overcharges