Phube Posted 3 August 2007 Posted 3 August 2007 I mean really WTF is going on???? 2 year rental agreament, West Ham get paid via a Third Party....?? I don't get it??????
Jay Posted 3 August 2007 Posted 3 August 2007 I mean really WTF is going on????2 year rental agreament, West Ham get paid via a Third Party....?? I don't get it?????? I don't understand it either, I think to much has been covered by the Premier League and west ham have never owned the player but if it wasn't ok for West Ham to have a player owned by a third party how come it's for for man utd? it all seems very very wrong to me
Daggers Posted 3 August 2007 Posted 3 August 2007 Doesn't look promising ofr the 9yr old now Tevez has signed...he could well be pushed onto the benches. Or into a bush or something.
Nick Posted 3 August 2007 Posted 3 August 2007 I don't know what's going on with it all I really can't be arsed with all this but in short: August 31 2006: West Ham pull off what is seen as a major transfer coup by signing Carlos Tevez and his Argentina team-mate Javier Mascherano. September 10: West Ham draw 1-1 with Aston Villa, Tevez making his debut off the bench. March 2: West Ham are charged by the Premier League for breaching their rules in relation to the signings of Tevez and Mascherano in August. April 27: West Ham are fined £5.5million but spared a points deduction after pleading guilty. The verdict also rules "the registration of Carlos Tevez can be terminated by the FA Premier League" but Tevez is later cleared to play on for the Hammers. May 13: Tevez scores the winning goal in 1-0 defeat to Manchester United which ensures West Ham avoid relegation. May 22: The Premier League agree to set up an arbitration tribunal to rule on Sheffield United's complaints over the Carlos Tevez affair. June 28: Tevez turns down a move to Internazionale after they impose a deadline on his decision. July 3: Sheffield United lose their legal challenge against the Premier League after an arbitration panel dismissed their claim. July 6: Representatives of the player confirm he has agreed personal terms with Manchester United. July 24: Kia Joorabchian issues High Court proceedings against West Ham. August 3: West Ham have confirmed they have reached a £2million settlement with Carlos Tevez's representatives which will allow the Argentinian to leave the club. Transfer latest Score Centre Play Fantasy Football Above is the "what happened diary" below is why it happened: All sides were keen for the matter to be settled ahead of a proposed court date on 22 August and the closure of the transfer window at the end of the month. Tevez's switch had stalled over who will be paid the transfer fee. The Premier League and West Ham said the Hammers should receive the fee but companies MSI and Just Sports Inc, which belong to Joorabchian, said they owned the striker's economic rights. Tevez arrived with fellow countryman Javier Mascherano at West Ham last August, and his outstanding form towards the end of last season kept Alan Curbishley's side in the Premiership. But there was always a shadow hanging over the deal after West Ham were fined £5.5m over the transfers of Tevez and Mascherano. The club was found guilty of acting improperly and withholding vital documentation over the duo's ownership, but crucially avoided a points deduction. West Ham said in a statement: "The settlement ends the current litigation taking place between the respective parties and provides for a £2m fee to be paid to West Ham. "The agreement confirms that West Ham do have a valid player's contract with Carlos Tevez and hold the registration of the player. This will be released once the agreed fee has been paid to the club. "The terms of the settlement are consistent with undertakings given by West Ham United to the Premier League and the rules of The Football Association." West Ham chairman Eggert Magnusson added: "I am obviously pleased that we have finally reached the end of this saga through agreement and common sense. "All parties involved can now move on and truly focus on the new season." The Premier League has also given their approval, clearing the way for Sir Alex Ferguson to complete the drawn-out Tevez deal. A statement read: "The decision of the board, having received leading counsel's opinion, is that the agreement reached is compliant with the rules of the Premier League and consistent with the undertakings given by West Ham United to the Premier League board at various times since 27 April 2007. "This will lead to the cancellation of Tevez's registration, thereby releasing him to join another club in due course." And a statement issued on behalf of Joorabchian, MSI Group Limited and Just Sport Inc, said: "We are delighted that a settlement has been reached between all parties to secure Carlos Tevez's move from West Ham United to Manchester United. "The agreement brings an end to the legal proceedings started by us against West Ham United in the High Court last week. "Our primary concern has always been to resolve this issue amicably and to allow Carlos to pursue his ambition to play for Manchester United. "Carlos is looking forward to being a Manchester United player and his ambition is close to being achieved." It sounds to me that they all had to change their stories very quickly in order to sort this otherwise they would be breaching premiership rules. It seems to have been done by the third party acknowledging that they have no rights associated with the registration of the player and simply that they own his economic rights. Had they battled on with this line everybody would have lost - the hammers especially. Originally it was deemed a 5.5 million pound fine was appropriate due to the new owners of the club being unaware of the mistakes of the previous administration- this however began to look like a cover up as documents came to light with the signatures of the legal rep who was employed and acting on behalf of the new owners since after they bought the club. It was argued that those papers were not valid due to problems with the signatures and copies not being sent out to other parties......... Basically they all wanted a piece of the pie without having the whole pie thrown at them and the cream landing in the mouth of Sheffield United. So the third party agreement was torn up and then stuck back together with a loophole clause that said - economic rights do not constitute a third party agreement. N.
Simi Posted 4 August 2007 Posted 4 August 2007 Doesn't look promising ofr the 9yr old now Tevez has signed...he could well be pushed onto the benches. Or into a bush or something. No doubt he'll rot away in the academy before been loaned out to an U16's side.
Guest seanfox778 Posted 5 August 2007 Posted 5 August 2007 I don't get how he's signed on an initial two year loan deal, on loan from where?
lookwhaticando Posted 5 August 2007 Posted 5 August 2007 I don't get how he's signed on an initial two year loan deal, on loan from where? MSI/JSI one would assume - the third parties that own the economic rights to Tevez.
Rossatron Posted 6 August 2007 Posted 6 August 2007 Yes. man u surely running away with the league next year then
lildave3 Posted 6 August 2007 Posted 6 August 2007 man u surely running away with the league next year then Not necesarily.
Geo V Posted 6 August 2007 Posted 6 August 2007 That agent is quids in. Although it leaves a horrible taste in the mouth as football should be much less complicated with the selling club making any profit, on this one, despite my almost hatred for that dodgy agent dude, I am glad West Ham are losing out financially as it was Tevez who kept them up and saved them millions.
mancunianfox Posted 7 August 2007 Posted 7 August 2007 MSI/JSI one would assume - the third parties that own the economic rights to Tevez. But MSI can't own a players registration so where is he being loaned from? It can't be from West Ham because it states that they released him. A third party can't hold player registrations only a registered football league club can. When you make a transfer you don't buy the player you buy their registration so they can play for you in the league and offer them a contract that is legally binding between the club, the player and his representatives. You cannot actually own the player for obvious reasons...you own their registration. In addition as West Ham owned Tevez's registration and Joorabchian offered Tevez to Man United whilst he was still a registered West Ham player (which he was) and they discussed it how is that not an illegal approach? And how are United getting away with THE SAME DEAL that West Ham got a hefty fine for? Imo he shouldn't be able to play for United under this kind of deal and the PL should insist that the player be bought outright. They added an extra clause into Tevez's second West Ham contract in order to state that economic rights don't constitute 3rd party ownership and if they don't they now really need to define what actually constitutes 3rd party ownership. What the PL has done in trying to protect West Ham from the points reduction that they should have received is set a dangerous precedent that will allow more deals this way to be done in the future. They have not, as they have stated, learnt their lesson at all because they haven't clamped down on the problem in the slightest and it will be a real danger to clubs who don't have the financial clout of bigger clubs and rely on transfer fees for their survival. What happens to clubs like Crewe Alexandra when the £4million fee for their player goes to an agent who owns the players 'economic rights' and not to the club. Then English football will be truely finished.
Rossatron Posted 7 August 2007 Posted 7 August 2007 Not necesarily. i think they will win it with ease
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