1. Log in now to remove adverts - no adverts at all to registered members!

Saint Gaston!

Discussion in 'Southampton' started by lamby, Aug 17, 2012.

Thread Status:
Not open for further replies.
  1. fran-MLs little camera

    fran-MLs little camera Well-Known Member

    Joined:
    Feb 18, 2011
    Messages:
    69,233
    Likes Received:
    24,804
    This part-ownership seems to be a foreign issue. Amounts to the same thing except that ownership implies that you can stop the deal whereas compensation for development doesn't.
     
    #321
  2. - Doing The Lambert Walk

    - Doing The Lambert Walk Well-Known Member

    Joined:
    Feb 24, 2011
    Messages:
    40,258
    Likes Received:
    24,327
    30% stake. As the article indicates, because of "training cost". It's like a development compensation I guess.

    I think the issue has been, Saints offered 15m euro for the whole transaction including Penarol.

    Seems to have been a misunderstanding, and it should be 15m to Bologna, and an additional payment to Penarol.
     
    #322
  3. Itchen North Matt

    Itchen North Matt Active Member

    Joined:
    Feb 24, 2011
    Messages:
    2,926
    Likes Received:
    8
    If it's legal for Italian teams to co-own, could an Italian team in theory buy 70% of him from Bologna without paying Penarol a penny? Sounds like a legal ****storm waiting to happen.
     
    #323
  4. - Doing The Lambert Walk

    - Doing The Lambert Walk Well-Known Member

    Joined:
    Feb 24, 2011
    Messages:
    40,258
    Likes Received:
    24,327
    Well I guess so, if it is a 30% ownership. As it seems to be. Di Marzio says 70% of his "card" which I presume is his registration card.

    So we have to pay both to get the deal done.
     
    #324
  5. Dan

    Dan Well-Known Member

    Joined:
    Feb 26, 2011
    Messages:
    16,211
    Likes Received:
    132
    Also sounds relatively simple if treated like a sell on clause.
     
    #325
  6. - Doing The Lambert Walk

    - Doing The Lambert Walk Well-Known Member

    Joined:
    Feb 24, 2011
    Messages:
    40,258
    Likes Received:
    24,327
    #326
  7. LocutusOfBorg

    LocutusOfBorg Member

    Joined:
    Aug 27, 2011
    Messages:
    929
    Likes Received:
    0
    It sounds as if Saints are determined to get their man. :)
     
    #327
  8. - Doing The Lambert Walk

    - Doing The Lambert Walk Well-Known Member

    Joined:
    Feb 24, 2011
    Messages:
    40,258
    Likes Received:
    24,327
    "Bologna put a stop to Gaston Ramirez’s move to Southampton, but Italian media report they’re starting negotiations from scratch.

    There was chaos on Friday when the Uruguayan announced there were “only details” before finalising the transfer, but Bologna President Albano Guaraldimade it clear “the offer was not considered to be adequate.”

    While Ramirez’s attitude and that of his agent have infuriated the Rossoblu, it is now claimed they are prepared to start from scratch with the Saints.

    It’s reported that last night Southampton called Bologna to apologise for the confusion and confirm their intention to do things by the book, so talks begin again on Monday.

    The price-tag remains the same - €15m for 70 per cent of his contract, so not including a commission for the agent and the 30 per cent still owned by Penarol.

    Bologna want the cash upfront, but this could be sorted out with payment in instalments."
     
    #328
  9. Wisescummer

    Wisescummer Active Member

    Joined:
    May 9, 2011
    Messages:
    2,099
    Likes Received:
    2
    I do love these translations of Italian media reports/tweets. Very much 'God Moaning. The resist-once have accqo-aired a bum. They are going to ex-plod the whaleway brodge.'
     
    #329
  10. Jose Fonte baby

    Jose Fonte baby Well-Known Member

    Joined:
    Aug 2, 2012
    Messages:
    4,813
    Likes Received:
    150
    We won't get him. :emoticon-0101-sadsm
     
    #330

  11. - Doing The Lambert Walk

    - Doing The Lambert Walk Well-Known Member

    Joined:
    Feb 24, 2011
    Messages:
    40,258
    Likes Received:
    24,327
    How did you get to that one Poirot?
     
    #331
  12. Itchen North Matt

    Itchen North Matt Active Member

    Joined:
    Feb 24, 2011
    Messages:
    2,926
    Likes Received:
    8
    With a sell-on clause, it's clear who owns the player, who gets paid and by how much. I don't know if co-ownership works in the same way, but I doubt it does. Italy is famous for red tape, corruption and dodgy dealings after all. He's a footballer, you either have him or you don't. Co-ownership is not a concept I'm too confortable with.
     
    #332
  13. - Doing The Lambert Walk

    - Doing The Lambert Walk Well-Known Member

    Joined:
    Feb 24, 2011
    Messages:
    40,258
    Likes Received:
    24,327
    Good job in the regard that to bring him to these shores we have to cut them out of it. We should be able to.
     
    #333
  14. Dan

    Dan Well-Known Member

    Joined:
    Feb 26, 2011
    Messages:
    16,211
    Likes Received:
    132
    I doubt it's co-owner ship because Penarol aren't Italian, I think, not 100% but I think co-ownership can only exist between Italian sides.
     
    #334
  15. fran-MLs little camera

    fran-MLs little camera Well-Known Member

    Joined:
    Feb 18, 2011
    Messages:
    69,233
    Likes Received:
    24,804
    Not clear whether price accepted by Bologna sets the price we have to pay to Penarol or whether we have to negotiate with Penarol separately. Can Penarol say no and hang on to their 30% which means it is unacceptable in the PL? Remember the problem with Tevez and West Ham?
     
    #335
  16. Jose Fonte baby

    Jose Fonte baby Well-Known Member

    Joined:
    Aug 2, 2012
    Messages:
    4,813
    Likes Received:
    150
    Too much disagreement between the two parties, the President sounds like a four letter word, and now they want 20 million. Look at Buttner.
     
    #336
  17. Dan

    Dan Well-Known Member

    Joined:
    Feb 26, 2011
    Messages:
    16,211
    Likes Received:
    132
    The problem with Tevez is entirely different.

    This isn't an issue here, guys. It's been established through the articles that the issue is we didn't offer enough to compensate for 30% of the fee going to Penarol. We'll sort that.
     
    #337
  18. Dan

    Dan Well-Known Member

    Joined:
    Feb 26, 2011
    Messages:
    16,211
    Likes Received:
    132
    It's an entirely different situation, what are you talking about? They want 20m Euro which is only £2-3m more than we've offered...

    Saints fans on suicide watch over nothing, once again.
     
    #338
  19. Beef

    Beef Well-Known Member

    Joined:
    Nov 22, 2011
    Messages:
    35,745
    Likes Received:
    9,708
    <laugh>.
     
    #339
  20. Jose Fonte baby

    Jose Fonte baby Well-Known Member

    Joined:
    Aug 2, 2012
    Messages:
    4,813
    Likes Received:
    150
    I wouldn't be suicidal if we didn't sign him because I wasn't expecting to be linked with someone of his quality. Cortese normally throws a hissy fit if people push him around.
     
    #340
Thread Status:
Not open for further replies.

Share This Page