Tevez settlement imminent?

Source: http://www.telegraph.co.uk/sport/football/leagues/premierleague/4981170/West-Ham-agree-compensation-with-Sheffield-United-over-Carlos-Tevez.html ; http://news.bbc.co.uk/sport1/hi/football/teams/w/west_ham_utd/7941657.stm

Looks like the West Ham / Tevez – Sheffield Utd saga is all set to come to an end (well, i’m not holding my breath, because that was what they said at the last tribunal, before the decision got appealed!). While we are still awaiting formal confirmation from both clubs, the compensation payout from West Ham is thought to be in the region of £10m in return for Sheffield Utd dropping all claims against the club in relation to West Ham fielding an ineligible player (Tevez) during the 2006-07 season, thereby relegating Sheffield.

The FA arbitration hearing (that decided in favour of Sheffield last year) was scheduled to meet on Monday to decide the exact size of the compensation payout (Sheffield were originally claiming £45m) however this hearing has now been cancelled.

What is important about this new settlement is that the sum will apparently be paid in instalments over five years rather than as a lump sum. This should significantly ease the burden of West Ham (who are currently trying to avoid being drawn into the Icelandic banking crisis).

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About Kris

Associate Professor in Sports Law, Staffordshire University; British Gymnastics Senior Coach

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