Well Penarol say they own 30%, as Bologna did say also. Now Bologna say they own 100%, and Penarol get 30% of the total fee as a sell-on clause.
(My take on it)
Saint Gaston!
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Well Penarol say they own 30%, as Bologna did say also. Now Bologna say they own 100%, and Penarol get 30% of the total fee as a sell-on clause.
(My take on it)
It was never made clear whether it was 30% ownership or a 30% sell-on clause was it?
They are saying that of the money paid by Southampton Bologna has to pay too much on to agents and Penarol to make it viable to them as Ramirez is too important a player. In other words they can't replace him with the money remaining, so it is not worth it.
I have always thought that these high sell on fees (as we reportedly have on AOC) could block a sale.
And we get Forecast instead of a sell on clause
A stroke of genius by Rupert Lowe
Thats been the case since early July though, so they could have got involved before then if they wanted to.
Come on, it's undeniably true that they faced bankruptcy and were taken over by a fans' consortium. You can find information about it anywhere, just google it. Everyone says they're broke, and the fact they would consider selling one of their best players shows that by itself.
This is daft. We have never been clear on it, but I very much doubt the club would have negotiated with them and agreed terms without being clear about this. That would be ridiculous.
Unless they've been misled. But then they spoke to Penarol. Who said it is a 30% ownership stake.
My limited understanding is that clubs can buy a stake in a player and when that player is sold on - you have to agree terms with both clubs. So even though we do a deal with one, we need to negotiate with the other also.
Sure, but it's hard to imagine saints would have negotiated and not been clear about whether it was that or a sell-on clause.
Anyway, this quote is coming from Bologna, in whose interest it is to imply the deal has collapsed to put pressure on Cortese and co to raise the offer or whatever. I'm not buying it.
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