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Rangers still have to pay for Jelavic

Michael Kenrick , 7 November, 4comments  |  Jump to most recent
Glasgow Rangers look set to fulfill the bulk of their remaining obligation to Rapid Vienna for the purchase of Nikica Jelavic and avoid a Fifa court case.

The final installment of the £4m transfer fee due to the Austrian side for the transfer of the Croatian to Ibrox in May 2012 is due to be paid in the next few weeks and while.

Although the £800k figure that the Scottish club have agreed to pay is around £200k shy of the original sum agreed, Rapid chairman Rudolf Edlinger is ready to accept the compromise terms — they were worried they would receive nothing at all — and withdraw the threat of taking Rangers to football's governing body.

Edlinger was fully prepared to take Rangers to a FIFA tribunal if talks with Charles Green had broken down completely, arguing that because the Ibrox side took money from Everton for the sale of Jelavic in January, Rapid were due every penny of the deal that originally took the Croatian from Vienna to Glasgow.

Edlinger would not confirm the exact details of his successful talks with Green but said: “A large chunk of the missing monies should be paid to Rapid.”

Rapid will keep £600,000 of the money with Belgian side Zulte Waregem, who sold Jelavic to Rapid four years ago with a sell-on clause, receiving the remaining £200,000.

Quotes or other material sourced from Daily Express

Reader Comments (4)

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Matt Traynor
1 Posted 07/11/2012 at 08:51:14
Rangers had form for this. We never received the full payment for Michael Ball, and the lad had to basically pay it himself to keep playing.
Kieran Fitzgerald
2 Posted 07/11/2012 at 09:03:28
It goes to show that all the fines and sanctions Rangers received were more for going into administration than for football irregularities. If governing bodies were really serious about the sanctions they impose they would be knocking on Rangers' front door this week, ensuring that they pay the money properly.

I know that there are different owners now at Rangers and that you have to allow a certain amount of leeway, but what happened to Rangers was high profile. What happened to Portsmouth was high profile, yet they have had one owner after the other take the piss. If governing bodies want to be taken seriously, they need to show that they are following through with clubs and that they are consistent.

Matt Traynor
3 Posted 07/11/2012 at 09:49:40
Kieran, the footballing authorities will tell you they are dealing with it, with their strengthened "Fit and Proper Persons Test". The first FPPT was a bit of a shambles, when it allowed an allegedly corrupt former Prime Minister to purchase Manchester City. So they tightened it up. And then allowed someone to buy Birmingham City who's now on money laundering charges in Hong Kong.

The game has become one big trough for people to get their noses into. So much money goes out of the game in players wages, agents fees etc. that it's criminal that a club like Everton can still be losing £5-10m a year on a turnover in excess of £80m.

One of the interesting things about the FPPT is that there would be numerous current owners of football clubs who would fail to meet the standards if the test was applied retrospectively. And if it were to be applied to the people who run the game at UEFA and FIFA....

Ian Bennett
4 Posted 08/11/2012 at 07:05:14
I don't understand why they don't have the same rules as selling a car. All outstanding finance must be settled prior to signing over the log book.

Assuming everton paid all up front, surely rapid should have been cleared in jan of this year instead fighting and not getting all monies due. This is the same as matterazzi when Perugia sold him to inter when I think we got shafted on the last installment and we had no money at all.

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