Tuesday, July 24, 2007

The West Ham-Tevez-MSI saga

In light of FIFA’s decision to steer clear of the West Ham-Tevez-MSI soap opera, a quick recap of the events that led up to today might be in order.

The Carlos Tevez Story


1997, Carlos Tevez came to Baca Juniors when he was 13. He came through the youth system and was one of the young stars of Baca and played for all of Argentina’s youth teams: Sub 17 and Sub 20.

2004, Tevez leads Argentina to a Gold Medal in Olympics and leads the tournament with 9 goals. After the Olympics he asks for vacation time from Boca. Here's where it gets interesting. It is believed that during his time off he was in negotiations with MSI (Media Sports Investments) and MSI's Iranian owner Kia Joorabch. At the end of 2004 Boca Junior sells Carlos Tevez to MSI for $20Million. That's right Tevez is not owned by any team, he's owned by an investment group, headed by Joorabch.

Ok now let’s back track a little bit. The story gets better.
In 1993 Alberto Dualib became chairman of Brazilian Club Corinthians.
In 2004 under Dualib's suggestion, Corinthians signed a deal that would put Corinthian under the control for MSI for the next 10 years, in other words he rented out Corinthians to MSI. MSI purchased other South American stars (Javier Mascherano) and brought them all to Corinthians and turned the team around. MSI purchased some important coaches such as River's Pasarella and brought them to Corinthians.
Well as it turned out Dualib was also a friend of Joorabch and was helping him put the Corinthians deal together. Everyone one involved in the Corinthians-MSI deal including Joorabch and Dualib are wanted for money laundering charges in Brazil. Despite this MSI continues to run Corinthians.

West Ham, Tevez and Mascherano

On August 31st, 2006, Mascherano and Tevez were sent to West Ham on Loan but the very next day it was declared a purchased for 35Million Euros for both players. That same day it was also revealed that MSI was interested in purchasing West Ham. Well as it turned out Mascherano was unhappy at West Ham and wanted out. Liverpool wanted Mascherano but had to make sure the move would be ok with English Premier League. On February 20, 2007 Mascherano's move to Liverpool became official. At this time it was also revealed that MSI didn't own Mascherano. Mascherano was owned by other investment groups, Global Soccer Agencies and Mystere Services. Tevez is owned by MSI and Just Sport Inc.

Under the "Mascherano Agreement" West Ham didn't own Mascherano and he was free to go mostly due to the fact that when Mascherano's deal with Global and Mystere gives him the right to terminate any deal Global & Myster made with West Ham.

Under the "Tevez Agreement", Tevez has no say in terminating a contract made between MSI and West Ham; West Ham can't terminate the deal either. Only MSI can.

Once Mascherano left, the people at West Ham panicked and made a new deal with MSI and Just Sports in which MSI allowed Tevez to stay with West Ham and would give West Ham Control of Tevez until the end of the 06-07 season.
Guardian Story on Tevez and Mascherano Agreements

Because of the Tevez and Mascherano incidents EPL will most likely change its rules regarding third-party ownership of players. Beginning in the 07-08 season commercial-company involvement in player contracts will probably not be allowed.

On the surface it appears that West Ham has little say on the Tevez-to-United deal, especially if reports are true about West Ham only having control of Tevez until the end of the ‘06-07 season. What is known for sure is that Manchester United is willing to buy Tevez for transfer fee of £30 million; the question is who gets that fee, West Ham or MSI?

Early today it was reported that Joorabchian has decided to take West Ham to High Court in response to West Ham decision to rip up the agreement they had made with MSI and Just Sports for Tevez.
Hammers get hit, Telegraph

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