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Thread: Cardiff to pay 5.3 Million for Sala

  1. #1

    Cardiff to pay 5.3 Million for Sala

    From BBC

    Cardiff City have been told to pay a transfer fee of 6m euros (£5.3m) to Nantes for Emiliano Sala.

    A Fifa panel met to rule on a dispute between the clubs, who had failed to reach agreement on settling payment for the striker.

    The Argentine, who was 28, died in a plane crash in January while travelling from France to join his new club.

    Cardiff had argued they were not liable for the £15m fee because Sala was not officially their player when he died.

  2. #2

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by DJ Lee View Post
    From BBC

    Cardiff City have been told to pay a transfer fee of 6m euros (£5.3m) to Nantes for Emiliano Sala.

    A Fifa panel met to rule on a dispute between the clubs, who had failed to reach agreement on settling payment for the striker.

    The Argentine, who was 28, died in a plane crash in January while travelling from France to join his new club.

    Cardiff had argued they were not liable for the £15m fee because Sala was not officially their player when he died.
    From what I gather that is a first installment?

  3. #3

    Re: Cardiff to pay 5.3 Million for Sala

    All a bit tasteless this and I don't think we've come out covered in glory to be honest. Not one of the club's finest moments.

  4. #4

    Re: Cardiff to pay 5.3 Million for Sala

    It may be that City must pay the £5.5m for the transfer equivalent to the first installment not as a first installment

  5. #5

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by delmbox View Post
    All a bit tasteless this and I don't think we've come out covered in glory to be honest. Not one of the club's finest moments.
    On the contrary, I think they've done the right thing. They've kept quiet and handed it to the insurers etc. Nantes have kicked up a fuss but this ruling shows the transfer wasn't finalised. It's horrible but the club did offer a sum to draw a line under it and Nantes refused. I'm not sure what the club could have done but we're not in a position to just throw away £10m.

  6. #6
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    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by delmbox View Post
    All a bit tasteless this and I don't think we've come out covered in glory to be honest. Not one of the club's finest moments.
    It was always going to be tasteless once the insurers and money men get involved, but it would be stupid to pay for their advice and then ignore it, you can become liable for all kinds of stuff.
    dunno why igovernor thinks its only a first payment. Where has that piece of 'news' come from?

  7. #7
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    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Pedro de la Rosa View Post
    On the contrary, I think they've done the right thing. They've kept quiet and handed it to the insurers etc. Nantes have kicked up a fuss but this ruling shows the transfer wasn't finalised. It's horrible but the club did offer a sum to draw a line under it and Nantes refused. I'm not sure what the club could have done but we're not in a position to just throw away £10m.
    I agree. and if that £10m was already set aside just in case it might now be freed up for other uses.

  8. #8

    Re: Cardiff to pay 5.3 Million for Sala

    Nantes and Cardiff have 10 days to appeal if they wish. It would look really bad if we appealed but I'm almost certain Nantes will.

  9. #9

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Pedro de la Rosa View Post
    On the contrary, I think they've done the right thing. They've kept quiet and handed it to the insurers etc. Nantes have kicked up a fuss but this ruling shows the transfer wasn't finalised. It's horrible but the club did offer a sum to draw a line under it and Nantes refused. I'm not sure what the club could have done but we're not in a position to just throw away £10m.
    I understand why you see it that way and there is a financial logic to it, it's just after all the "once a bluebird, always a bluebird" and posing with the shirt etc it's pretty gross to see two clubs arguing the smallprint of a "commodity" and I wish we'd paid the fee that we were committed to paying. Or even better paid most and of it and donated a part of it to his family.

  10. #10

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by delmbox View Post
    I understand why you see it that way and there is a financial logic to it, it's just after all the "once a bluebird, always a bluebird" and posing with the shirt etc it's pretty gross to see two clubs arguing the smallprint of a "commodity" and I wish we'd paid the fee that we were committed to paying. Or even better paid most and of it and donated a part of it to his family.
    Insurers will be involved and telling the club what to do. Nantes and Cardiff lost out because of Willie McKay's actions. He was coming back over to sign for us, and the grief was legitimate from all parties. I honestly have no idea what the club could have done, £10m is pretty much our record signing, we aren't in a position to piss that up the wall. I hope his family are supported and the club would do well to pay the money to his youth club as a PR exercise. It wouldn't cost a lot but would boost the club's reputation.

  11. #11

    Re: Cardiff to pay 5.3 Million for Sala

    So, was Emiliano insured by either club at the time?

  12. #12

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by xsnaggle View Post
    It was always going to be tasteless once the insurers and money men get involved, but it would be stupid to pay for their advice and then ignore it, you can become liable for all kinds of stuff.
    dunno why igovernor thinks its only a first payment. Where has that piece of 'news' come from?
    https://www.bbc.com/sport/football/49825166

  13. #13

    Re: Cardiff to pay 5.3 Million for Sala

    Sky Sports

    Cardiff City FC

    Statement

    Cardiff City Want FIFA to clarify their exact meaning of the FIFA statement before they decide what to do next.

  14. #14

    Re: Cardiff to pay 5.3 Million for Sala

    It now looks like that article isn't correct and we have to pay the first installment in full, as that's what Nantes have complained about and we're having to pay the full sum.

  15. #15

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Igovernor View Post
    City could have to pay more according to what FIFA have said, it ain’t over yet

  16. #16
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    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Igovernor View Post
    Thanks!!

  17. #17

    Re: Cardiff to pay 5.3 Million for Sala

    it is not clear yet, that is why city are asking for clarification, what the papers are saying is ambiguous, we will soon find out!

  18. #18

    Re: Cardiff to pay 5.3 Million for Sala

    Wasn't there a suggestion or attempt to inflate Sala's fee, I seem to remember a market value being around this mark before we had the isual agents value spin and stories of a hosts of clubs pursing the lad .

    Does the agent still get his fee ??

  19. #19
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    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Igovernor View Post
    Sky Sports

    Cardiff City FC

    Statement

    Cardiff City Want FIFA to clarify their exact meaning of the FIFA statement before they decide what to do next.

    Good - I hope someone clarifies the statement.

    Does it mean the full £15m is due to Nantes in 3 instalments, or just the first instalment? Most of the 'news stories' refer only to the initial £5.3m (6m Euros) but surely it must be all or nothing - not just a part payment. Either the transfer was complete or it wasn't?

    In either case what was the FIFA judgement based on - and what is their response to the submissions made by both clubs?

    Will the insurers (for whichever club is liable) be led by a FIFA committee judgement - or will it have to go back around the lawyers?

    It is all ugly and disrespectful - but unavoidable I expect. As others have said, I hope whatever the outcome between Cardiff and Nantes, Sala's family and home townl club are looked after.

  20. #20

    Re: Cardiff to pay 5.3 Million for Sala

    The dreaded 'Sun' (the only other source I could find at speed) seems to be under the impression that the whole fee will be payable:

    https://www.thesun.co.uk/sport/footb...emiliano-sala/

  21. #21

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Pedro de la Rosa View Post
    Insurers will be involved and telling the club what to do. Nantes and Cardiff lost out because of Willie McKay's actions. He was coming back over to sign for us, and the grief was legitimate from all parties. I honestly have no idea what the club could have done, £10m is pretty much our record signing, we aren't in a position to piss that up the wall. I hope his family are supported and the club would do well to pay the money to his youth club as a PR exercise. It wouldn't cost a lot but would boost the club's reputation.
    This is what I thought.

    Let’s pay what we have to, and sue McKay if our insurance (I’m assuming we have some) doesn’t pay out.

  22. #22

    Re: Cardiff to pay 5.3 Million for Sala

    It is a shame to hear this may not be the end of the situation.

    When I first heard the news earlier, my first thoughts where it sounded like a common sense decision. Both clubs had valid perspectives on the situation, it was a tough situation that no one would walk away happy from, 5.3 million looked to be on the surface a good compromise position for me put forward by the committee.

    There is a saying in business; the best settlements is when nobody is 100% happy.
    5.3m sounded like a sensible ruling, I still hope that is the FINAL decision as I fell it is one both sets of clubs and fans can sallow.

  23. #23

    Re: Cardiff to pay 5.3 Million for Sala

    To me it sounds like we have to pay the first installment no because we have passed the date when it had to be paid. I think this means we will have to pay the whole thing, unless some of it was performance based.

  24. #24

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by chris lee View Post
    It is a shame to hear this may not be the end of the situation.

    When I first heard the news earlier, my first thoughts where it sounded like a common sense decision. Both clubs had valid perspectives on the situation, it was a tough situation that no one would walk away happy from, 5.3 million looked to be on the surface a good compromise position for me put forward by the committee.

    There is a saying in business; the best settlements is when nobody is 100% happy.
    5.3m sounded like a sensible ruling, I still hope that is the FINAL decision as I fell it is one both sets of clubs and fans can sallow.
    Don’t forget Bordeaux are due 33% of any fee too.

  25. #25

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Pedro de la Rosa View Post
    On the contrary, I think they've done the right thing. They've kept quiet and handed it to the insurers etc.
    Kept quiet? You're joking, right?

    I've no idea whether City are legally obliged to pay the fee or not, but one thing the club hasn't done is kept quiet. Indeed, rather than keep quiet as they should have done, they've made a series of unnecessary statements about the situation as it has developed.

  26. #26

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Pedro de la Rosa View Post
    On the contrary, I think they've done the right thing. They've kept quiet and handed it to the insurers etc. Nantes have kicked up a fuss but this ruling shows the transfer wasn't finalised. It's horrible but the club did offer a sum to draw a line under it and Nantes refused. I'm not sure what the club could have done but we're not in a position to just throw away £10m.
    Agree. Clearly the most important thing here was the tragic death of two people, but that a dispute over £10m was related to it does not diminish the importance of £10m.

    What strikes me as slightly odd, is that the decision seems to represent a middle-ground when I didn't think such a thing was possible. We either signed him or we didn't, it feels kinda binary to me.

  27. #27

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Optimistic Nick View Post
    Agree. Clearly the most important thing here was the tragic death of two people, but that a dispute over £10m was related to it does not diminish the importance of £10m.

    What strikes me as slightly odd, is that the decision seems to represent a middle-ground when I didn't think such a thing was possible. We either signed him or we didn't, it feels kinda binary to me.
    Not sure thatís the case. Only the initial payment is currently overdue as far as Iím aware so thatís possibly the only payment Nantes could claim against at this stage. Possibly, itís not very clear.

  28. #28

    Re: Cardiff to pay 5.3 Million for Sala

    The FIFA quote taken from the FIFA website (no press interpretation)

    In a meeting held on 25 September 2019, the FIFA Players’ Status Committee established that Cardiff City FC must pay FC Nantes the sum of EUR 6,000,000, corresponding to the first instalment due in accordance with the transfer agreement concluded between the parties on 19 January 2019 for the transfer of the late Emiliano Sala from FC Nantes to Cardiff City FC.

    The FIFA Players’ Status Committee, which never lost sight of the specific and unique circumstances of this tragic situation during its deliberations on the dispute at stake, refrained from imposing procedural costs on the parties.

    The findings of the decision were notified to the parties concerned today. Within a deadline of ten days, Cardiff City FC and FC Nantes can request a copy of the grounds of the decision, which can be appealed to the Court of Arbitration for Sport in Lausanne.

  29. #29

    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by Baloo View Post
    Not sure thatís the case. Only the initial payment is currently overdue as far as Iím aware so thatís possibly the only payment Nantes could claim against at this stage. Possibly, itís not very clear.
    I see. I took it to mean that 5 mil was the totality of what they were getting. But then I don't pretend to have read it in any detail. Your version makes more sense

  30. #30
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    Re: Cardiff to pay 5.3 Million for Sala

    Quote Originally Posted by The Lone Gunman View Post
    Kept quiet? You're joking, right?

    I've no idea whether City are legally obliged to pay the fee or not, but one thing the club hasn't done is kept quiet. Indeed, rather than keep quiet as they should have done, they've made a series of unnecessary statements about the situation as it has developed.
    I agree some of the comments/statements seem unnecessary but again I would be very surprised if they were not made on advice from insurers or briefs, to get a repsonse out in the public domain for later.
    Even if the statement might be made without being directly advised, the lawyers etc would shirley have scrutinised the wording to make it legally 'safe'.

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