Emiliano Sala: Rest In Peace

[SilentWitness]

Bit of a cnutish move for this to be public while everything is still ongoing.

 

[Sarni]

The stuff about his dog is just absolutely heartbreaking.

 

[TMDaines]

Bit of a cnutish move for this to be public while everything is still ongoing.

I imagine it is public because Cardiff have leaked it - and not because Nantes have.

I was wondering when this would happen. A really horrible situation that has just got worse.

Cardiff should have just proceeded with payment and not failed to pay because the player never played a game for them.

 

[Adam-Utd]

Too soon guys.

To be honest they've lost their best player, a guy that scored most their goals. £15m is a lot of money to a club like Nantes, so they desperately need that to get somebody to replace Sala.

It's not their fault this accident happened. Cardiff should be respecful and follow through with their deal.

 

[EasyE]

Grim realisation that money is money.

 

[We need an rvn]

Whichever club leaked the story should be a ashamed of themselves as the body has yet to be recovered nor a funeral held. Respect the player and his family before all this should come out. Cardiff have already said they'll honour the contract so it's a weird thing to leak.

 

[SilentWitness]

I imagine it is public because Cardiff have leaked it - and not because Nantes have.

Either or, it's poor taste. Deal with it privately. It's a shame that the moral and ethic implications of this situation have been dampened a little by this as above all recently in football both teams and individuals who are involved in horrible situations like this have been completely respectful. Neither family has had any closure so i'm a bit disappointed by this.

Of course the money will need to be paid as contracts need to be upheld despite the situation unfortunately, but keep it to behind closed doors.

 

[UncleBob]

Grim realisation that money is money.

Yes, who could've possible imagined that Nantes would want their money.

Cardiff have withheld the first scheduled payment until they are satisfied with the documentation.

BBC Wales has learned the transfer fee is due to be paid in instalments over three years.

It is understood Nantes are threatening legal action if they do not receive a payment within 10 days. The BBC has attempted to speak to Nantes for comment.

A source at Cardiff says they will honour the contract but not until they have clarified "all the facts".

I get the impression that Cardiff are being dicks here.

 

[Ish]

So tragic.

 

[Ish]

Yes, who could've possible imagined that Nantes would want their money.

Cardiff have withheld the first scheduled payment until they are satisfied with the documentation.

BBC Wales has learned the transfer fee is due to be paid in instalments over three years.

It is understood Nantes are threatening legal action if they do not receive a payment within 10 days. The BBC has attempted to speak to Nantes for comment.

A source at Cardiff says they will honour the contract but not until they have clarified "all the facts".

I get the impression that Cardiff are being dicks here.

Yeah “we’ll honour the contract” sounds like they could well be checking to ensure that the contract is valid first - i.e. all paperwork have done to finalize the transfer.

 

[Member 93275]

Bit of a cnutish move for this to be public while everything is still ongoing.

He was transferred. It was Cardiff's play they are answering to. Bit of a cnutish move for Cardiff not to pay, while now pointing at Nantes, and saying they need to be satisfied with the documentation blah blah. The transfer was completed. If Nantes do this, it's because Cardiff failed the first payment at a certain deadline.

So, Nantes realizes Cardiff is delaying, implying Cardiff's lawyers are investigating in the small print and the law if there's any way to get out of this and feck Nantes.

 

[RMD83]

It’s a bit of a touchy situation. A life has been lost and that is tragic but I wouldn’t expect Nantes to write off £15m out of some level of moral obligation. A fee was agreed and I’m sure some level of documentation was signed and he died in a plane I assume was provided by Cardiff. It’s sad but business is business. Worse is how this news has got out at this point.

 

[Ramshock]

Why the feck is it legal action already though?

 

[Member 93275]

Cardiff just need to do the first payment. It's tragic, they signed him, he died in a tragic accident. At least man up to the financial loss.

 

[RMD83]

Why the feck is it legal action already though?

I assume Cardiff have missed the first instalment.

 

[antohan]

Yes, who could've possible imagined that Nantes would want their money.

Cardiff have withheld the first scheduled payment until they are satisfied with the documentation.

BBC Wales has learned the transfer fee is due to be paid in instalments over three years.

It is understood Nantes are threatening legal action if they do not receive a payment within 10 days. The BBC has attempted to speak to Nantes for comment.

A source at Cardiff says they will honour the contract but not until they have clarified "all the facts".

I get the impression that Cardiff are being dicks here.

My money is on the insurance company being dicks. Cardiff essentially saying Nantes will get paid either way but who will pay ain't resolved.

 

[UncleBob]

Why the feck is it legal action already though?

It's not legal action yet, they're threatning it however.

 

[charlenefan]

I assume clubs have insurance covering something like this?

 

[CM]

It's all a bit crass but I can't really say I'm surprised this has happened. The Cardiff 'source' who made this information public is a bit of a twat in all honesty.

 

[slyadams]

Surely contacts were either signed or not. If they were signed Cardiff needs to pay. However, one would hope whichever side is liable is insured.

 

[SilentWitness]

Either or, it's poor taste. Deal with it privately. It's a shame that the moral and ethic implications of this situation have been dampened a little by this as above all recently in football both teams and individuals who are involved in horrible situations like this have been completely respectful. Neither family has had any closure so i'm a bit disappointed by this.

Of course the money will need to be paid as contracts need to be upheld despite the situation unfortunately, but keep it to behind closed doors.

He was transferred. It was Cardiff's play they are answering to. Bit of a cnutish move for Cardiff not to pay, while now pointing at Nantes, and saying they need to be satisfied with the documentation blah blah. The transfer was completed. If Nantes do this, it's because Cardiff failed the first payment at a certain deadline.

So, Nantes realizes Cardiff is delaying, implying Cardiff's lawyers are investigating in the small print and the law if there's any way to get out of this and feck Nantes.

As posted above, the fact that it is leaked by anyone, is cnutish and inappropriate. Cardiff are most likely trying to figure out if they will be covered by insurance and trying to proceed with that prior to paying instalments themselves which is fair enough, i don't think they will be trying to 'feck Nantes' at all ffs.

 

[Member 93275]

As posted above, the fact that it is leaked by anyone, is cnutish and inappropriate. Cardiff are most likely trying to figure out if they will be covered by insurance and trying to proceed with that prior to paying instalments themselves which is fair enough, i don't think they will be trying to 'feck Nantes' at all ffs.

Such as insurance wouldn't pay Nantes, it would pay Cardiff for the financial loss. In other words, that's Cardiff's business, and not a reason to delay payment.

 

[Damien]

It’s a bit of a touchy situation. A life has been lost and that is tragic but I wouldn’t expect Nantes to write off £15m out of some level of moral obligation. A fee was agreed and I’m sure some level of documentation was signed and he died in a plane I assume was provided by Cardiff. It’s sad but business is business. Worse is how this news has got out at this point.

With the article saying 'BBC Wales has learned', my assumption is someone at Cardiff leaked it to try and make Nantes look like insensitive dicks in the court of public opinion as well as try to delay things further.

I don't think Cardiff are trying to get out of paying completely, but they will be trying to deal with the insurance company and they will probably be dragging their heels due to there not being a body recovered yet as well as the issues over the plane and the legality of traveling on it.

 

[Pexbo]

Surely these clubs have insurance for their player contracts?

 

[SilentWitness]

Such as insurance wouldn't pay Nantes, it would pay Cardiff for the financial loss. In other words, that's Cardiff's business, and not a reason to delay payment.

It could well be a reason to delay payment. We do not know the terms of the contracts or insurance policies. How are we to know that if Cardiff pay through their own finances that they will then not be reimbursed by insurance? These contracts are complicated at the best of times and this is the first time a situation such as this has happened so the legalities etc. are something which will most likely need time to comprehend and figure out.

 

[Redo91]

Why would Cardiff not hand over the money? Surely they have insurance so they will be covered regardless.

 

[duffer]

Surely these clubs have insurance for their player contracts?

They do but has he even been officially declared dead yet? Insurance can't pay out until all the formalities are in order.

 

[Member 93275]

It could well be a reason to delay payment. We do not know the terms of the contracts or insurance policies. How are we to know that if Cardiff pay through their own finances that they will then not be reimbursed by insurance? These contracts are complicated at the best of times and this is the first time a situation such as this has happened so the legalities etc. are something which will most likely need time to comprehend and figure out.

I doubt that because normally it's the value of the asset that's insured, not the transfer sum. You buy a TV with 3 payments. You get the TV. It gets stolen the next day. You don't make the first payment. There is however no relationship between your insurance and the seller. If the TV was worth 1000, you have to bargain with the insurance company to get your asset refunded. It doesn't matter if you bought it yesterday or after your last payment (except in the asset's value at the time).

 

[Drawfull]

Bit of a cnutish move for this to be public while everything is still ongoing.

I'd be very surprised if they have 'demanded' payment. Makes it sound much worse than it probably is, no?

Their insurers have probably asked that the payment must be made.

 

[GBBQ]

Why would Cardiff not hand over the money? Surely they have insurance so they will be covered regardless.

I doubt an insurance company will pay out on a new policy (for I am assuming £15 million) when he is still just listed as missing.

 

[HackeyC]

While it's difficult to say precisely what is happening, any delay in payment could be down to Cardiff's insurance underwriters. If their underwriter is not satisfied with the contract they will not payout, therefore need to undertake their due diligence which simply takes time. In all probability it will not be an issue, however if the underwriter identifies any gaps in the contract then Cardiff or Nantes could be liable.

With that said, the leak of the story is inappropriate and should not have happened while recovery and funerals are still to take place.

 

[Abizzz]

Surely these clubs have insurance for their player contracts?

Why would they insure the buying price though? If I took out insurances on employee's lives it would be on their contribution towards the company, not the compensation I paid to a previous employer to free him of previous obligations?

It's all just horrible really, the sort of thing one just hopes doesn't happen... But I wouldn't be so certain that Cardiff insured him for 15m. How much would such a insurance cost? Surely those insurance costs would have increased proportionally to the transfer prices in the past ~10 years, but I've never heard it mentioned.

 

[Brophs]

Why would they insure the buying price though? If I took out insurances on employee's lives it would be on their contribution towards the company, not the compensation I paid to a previous employer to free him of previous obligations?

It's all just horrible really, the sort of thing one just hopes doesn't happen... But I wouldn't be so certain that Cardiff insured him for 15m. How much would such a insurance cost? Surely those insurance costs would have increased proportionally to the transfer prices in the past ~10 years, but I've never heard it mentioned.

Invariably the insurance taken out on a player will, at the very least, cover the entire cost of paying up his contract along with any associated costs. If there are no explicit provisions in the contract as to what the club would have to pay the player in the event of their retirement, that’ll usually be the entire base salary payable under the term of the contract, less certain elements for taxation purposes.

 

[rotherham_red]

Too soon guys.

I'll be honest, and apologies in advance for the crass thought, but when it happened, this was among the first things I thought about though I suspected it would be Cardiff kicking and screaming and asking for a refund

 

[Reddy Rederson]

I assume clubs have insurance covering something like this?

Apparently he was only insure up to 16 mil. When you fact in his wage over the length of his contract the total cost to the club is closer to 25 mil. Also Bordeaux have a sell on clause in the contract so theyll be wanting money too. Its all very fecked up, I can see the point of view from both sides. One side paid for something they didnt get, and the other sold something that its not their fault was lost. It just a shame that the thing in question is a human being with a family that must be going out of their minds and none of this twatery about money will be helping. Both clubs needed to take care of this behind closed doors. Nantes should have had a conversation, not sent a demanding email. And cardiff should have reached out to explain the reasons why the payment was being held. Waiting to get all the facts isnt an unreasonable request. They both should have done more to keep this from being a public shit show considering the unique nature of the tragic event.

 

[Arruda]

I've read someone in reddit claiming they have worked in insurance and that these types of large contracts sometimes take a bit of time to sort out. I wouldn't be so sure Cardiff already had the player insured, it may well have been one of those things to take care of in a few days.

 

[SportingCP96]

This was one of the first things I mentioned. I feel the fair and respectable thing would be they split the money. Because on one end Cardiff did not get the player they signed and if Nantes don’t get the money they lose the 15M and there best player. I feel splitting the money is the fair thing.

 

[Cassidy]

Too soon guys.

Why are Cardiff leaking this information to the press

 

[UncleBob]

This was one of the first things I mentioned. I feel the fair and respectable thing would be they split the money. Because on one end Cardiff did not get the player they signed and if Nantes don’t get the money they lose the 15M and there best player. I feel splitting the money is the fair thing.

What ?

 

[Jazz]

Awful this. I wonder who broke it to the media?

Not even recovered the bodies yet..