According to The Sunderland Echo . . . .
Sunderland A.F.C. have been hit with a six-figure penalty regarding player purchase - as the Ricky Alvarez saga comes to an end
Alvarez made the move to the Stadium of Light in 2014, initially on a loan deal from Inter Milan, but having staved off the threat of relegation from the Premier League during Alvarez’s season-long stint on Wearside, Sunderland were obliged to make the deal permanent for a fee of €10.5m.
The Black Cats tried to back away from that agreement, citing that the Italian side would not allow Alvarez to be treated for an injury, but they were later ordered to pay the substantial fee after losing hearings with the Court of Arbitration for Sport and FIFA.
Now, though, the club will have to pay another sum, this time €362,500, for the 31-year-old.
That fee will go direct to his former club, Velez Sarsfield, who were due a solidarity payment from the Black Cats having helped to develop Alvarez.
FIFA ruled in March that Sunderland would have to pay the fee, which equates to roughly £330,000,
to the Argentine side.
A statement on Sarsfield’s website confirmed that the payment was made late last month.
Sunderland will now hope that this final financial outlays closes an unhappy saga concerning a player who was ultimately never a permanent employee of the football club, and now plies his trade for Sampdoria.
An end to it at last . . . . this must have had a bearing on our outlay/transfer dealings this summer
Sunderland A.F.C. have been hit with a six-figure penalty regarding player purchase - as the Ricky Alvarez saga comes to an end
Alvarez made the move to the Stadium of Light in 2014, initially on a loan deal from Inter Milan, but having staved off the threat of relegation from the Premier League during Alvarez’s season-long stint on Wearside, Sunderland were obliged to make the deal permanent for a fee of €10.5m.
The Black Cats tried to back away from that agreement, citing that the Italian side would not allow Alvarez to be treated for an injury, but they were later ordered to pay the substantial fee after losing hearings with the Court of Arbitration for Sport and FIFA.
Now, though, the club will have to pay another sum, this time €362,500, for the 31-year-old.
That fee will go direct to his former club, Velez Sarsfield, who were due a solidarity payment from the Black Cats having helped to develop Alvarez.
FIFA ruled in March that Sunderland would have to pay the fee, which equates to roughly £330,000,
to the Argentine side.
A statement on Sarsfield’s website confirmed that the payment was made late last month.
Sunderland will now hope that this final financial outlays closes an unhappy saga concerning a player who was ultimately never a permanent employee of the football club, and now plies his trade for Sampdoria.
An end to it at last . . . . this must have had a bearing on our outlay/transfer dealings this summer

