03/08/2007 14:40
West Ham United can confirm that a settlement has been reached today with
the representatives of Carlos Tevez which will allow the player to leave the
Club.
The settlement ends the current litigation taking place between the
respective parties and provides for a £2million fee to be paid to West Ham
United. The agreement confirms that West Ham United do have a valid player's
contract with Carlos Tevez and hold the registration of the player. This
will be released once the agreed fee has been paid to the Club.
The terms of the settlement are consistent with undertakings given by West
Ham United to the Premier League and the rules of The Football Association.
Commenting on today's announcement, Eggert Magnusson, Chairman of West Ham
United, said: "I am obviously pleased that we have finally reached the end
of this saga through agreement and common sense.
"All parties involved can now move on and truly focus on the new season.
"I wish Carlos Tevez well for the next stage of his playing career. He is a
fine player and I am sure he will be successful wherever he plays football.
"Personally, I am looking forward to the next stage of our development as a
club and for what I hope will be a very exciting new season in the Premier
League."
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