Sheffield United are reported to be considering a £25 million out-of-court
settlement from West Ham to bring an end to their damages claim over Carlos
Tevez.
Telegraph
By Emily Benammar
Last Updated: 9:43AM GMT 28 Nov 2008
Sheffield United had originally put in a claim for £30m to recompense them
for being relegated. This was then increased by £20m which included the cost
of a second season out of top level football. The Mail reports that
directors at the Sheffield club are willing to save West Ham from any
further financial problems by settling for half of the £50m they were
initially seeking. With West Ham planning an appeal to the High Court after
Sheffield United won an injunction preventing the Premier League side from
appealing through the Court of Arbitration for Sport (CAS), the affair risks
running well into the new year.
Amid suggestions that West Ham are already suffering in the current
financial climate, the risk of taking the case to the CAS would cost time
and money, something club owner Bjogolfur Gudmundsson cannot afford.
Speculation that he may be forced to sell the club or go bankrupt if the FA
award damages to Sheffield United are rife.
In a bid to bring the matter to a close, Sheffield United's chairman, Kevin
McCabe has said the club will accept staggered payments on the condition
that West Ham admit that they owed something for United's relegation at the
end of 2006-07. McCabe and Sheffield United are in the position of strength
as it has already been firmly established that Tevez should not have been
playing for West Ham in the matches that proved vital in keeping the club up
while United went down.
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