£15,000,000
The deadline for Cardiff City to pay the first of three instalments of the £15,000,000 transfer fee to Nantes has been extended until Wednesday, 27 February (Cardiff was originally due to have made the payment yesterday). Cardiff City have already said they are withholding payment pending "clarification" on the details of the accident and the completion of the crash investigations.. (Presumably that could knock the payment back until 2020) . The BBC says if next week's deadline is not met, then the dispute could be referred to the football governing body FIFA and could ultimately end up in the Court of Arbitration for Sport in Switzerland. The essence of the issue surely is that Cardiff City contracted to purchase from Nantes something which - sadly - was not delivered.
I suppose the lawyers will be attempting to pin down at exactly what point in time the transfer transaction actually took effect. Would that have been at wheels-up at Nantes? ...or on reaching UK airspace?.. or touch down in Cardiff? ...or running out with Cardiff City on their first training session?...or had it already happened t the signing of the contracts?.At what point did Nantes no longer hold Sala insured? - (as surely he would have been) - and when was Cardiff's insurance on Sala due to take effect? . It looks as though there is a viper's nest of litigation here...
Last edited by korrol; 21st Feb 2019 at 09:57.
Reason: grammar corrected