Untenable position?

This sums it up well.
Will it though bring closure to the whole horribly sad saga?
No as the club are suggesting an appeal and won’t be paying Nantes in the meantime.

 

If they don't appeal and also refuse to pay, they'll get an immediate 3 window transfer ban with more to follow.

They have to appeal.

 

Appreciate that; my point was that it’ll drag on and on and assuming the appeal fails, then there’ll be law suits here there and everywhere by City trying to claw back the £15m.

 

I doubt the real guilty parties, McKay etc have any assets for City to sue for.

It's a lot of cash but perhaps we should pay up to end that side of the very sorry episode?

Question: If we pay the £5m are we also liable for the rest of the fee?

 

Sad as it may seem, I think that's the way it's going to be.

There's a contingency built into the balance sheet (about £21M I think) if the case was lost, but that's only a paper exercise. It' good accounting practice and covers the club's financial position in a worse case scenario but the money would still have to be found from somewhere - Tan I presume?

 

Yes, the whole lot plus legal fees and expenses.

 

Agreed. Sadly we will still pursue every available avenue (like any business would) but it does nothing for the image of the club and still doesn't sit well morally (at least not with me).

I note the comment in the statement around the club supporting the family, that will definitely get lost in the clamour to point fingers at the club again.

 

As fraught as the whole tragic episode has been for Emiliano's family, they will be not be lost on the financial implications of the decision.

If he was a Cardiff player at the time of his death as the CAS has ruled, Sala's estate would be entitled to the signing on fee agreed. I believe it was in excess of £1M and was a stumbling block in the contract at the time as he wanted it paid directly to his mother which was against FIFA rules.

 

The club is not necessarily driving this.....insurance companies almost certainly involved and driving the issue. It may even be an insurance company of the agent or people involved with the plane who will be pulled in!

 

Bit of a odd situation this.

How can a club persist with the stance that Sala was not a Cardiff player and then expect their insurance company to pay up when CAS says he was?

 

Well the insurance never pays up if you admit liability!!

 

Quite damning information.
Sounds like Ibbotson knew there was a potential problem but flew anyway.

As with most accidents, theres never a single fault, but it sounds as if there were a number of contributing factors that could have been avoided.

Emiliano Sala: Pilot told friend doomed plane was 'dodgy' - BBC News

 

Yeah. Just been reading that and was going to post it myself.
It just gets worse for his poor family.
A life needlessly lost.

 

"A tragic plane crash; a stain on football's reputation"
https://www.bbc.co.uk/sport/footbal...plane crash; a stain on football's reputation

BBC getting yet more column inches out of the tragedy.

 

Must be a slow news week on the football front.

 

Vetch is a bit slow getting onto this. I read it this morning. maybe the battery has failed on his caravan.

 

City are now sueing insurance broker Miller LLP for not paying out now that CAS has ruled that Sala was a Cardiff player at the time of his death.

https://www.law360.com/articles/1556007

 

That was inevitable and frankly I don’t know why CCFC didn’t close the circle from the outset and just claim versus the insurers.

I appreciate one has to attempt to mitigate ones losses, but even without hindsight CCFC were always going to lose the Tribunal case.

 

I suppose there was a dance to be done.

If it was proven he wasnt a city player, there would be no valid claim against the insurers.
Now there is.
A painfully slow process though.

 

I wouldn't be surprised if the insurers will counterclaim negligence on City's part by not controlling his mode of transport from Nantes to UK.

It would be difficult to argue against this.

Again it will all be down to the small print.