West Ham and Sheffield United 'settle on £10m' over the Carlos Tevez affair

13 March 2009 09:14
The Carlos Tevez saga appears to be over after reports that West Ham[LNB]and Sheffield United have agreed a deal close to £10million.[LNB]Audition: Carlos Tevez scores for West Ham against Manchester United in May 2007[LNB]The Championship club had wanted £45m to cover the costs of their relegation from the Premier League two years ago after West Ham broke third-party ownership rules.[LNB]But they have reportedly agreed to a smaller figure ahead of an independent FA arbitration hearing, which was due to start next week, that would have led to a judgement on compensation. The money will be paid over five years.[LNB]West Ham were preparing to contest the £45m claim, arguing the cost of demotion was much lower, but appear to have settled rather than risk another defeat during a tough economic climate at Upton Park.[LNB]It would bring an end to a legal proceedings that have persisted since April 2007, when West Ham escaped the deduction of points but were fined £5m by an independent Premier League inquiry.[LNB]Although the arbitration panel hearing has been shelved, a separate Premier League inquiry launched following the Lord Griffiths ruling will continue.[LNB] Hammers hit by Collison blow as Wales midfielder is ruled out for seven weeks[LNB]West Ham lose Behrami for six months with cruciate ligament injury[LNB]Gold reserves! Sportsmail's guide to the most expensive second-teamers[LNB]WEST HAM UNITED FC NEWS FROM ACROSS THE NET[LNB][LNB][LNB]  

Source: Daily_Mail