Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
FIFA Pares Down Compensation for Newcastle's Owen
Times Online, February 28th, 2007 2:36PM

MOST READ

MOST COMMENTED

Newcastle striker Michael Owen is finally set to return from injury next month after enduring more than a year-and-a-half of injury setbacks. The latest, an ACL tear sustained while playing for England during last summer's World Cup, infuriated Newcastle manager Glenn Roeder, who's only seen the star striker play 11 times for the club since his August 2005 move from Real Madrid.

The loss of Owen due to international duty caused Newcastle to seek $11.7 million in compensation from FIFA, soccer's world governing body. On Wednesday, the organization said it would pay less than $2 million, an offer it said was final. FIFA already contributes $98,000 a week (about half) of the player's salary while he remains injured, though Newcastle sought an additional $12 million from the organization, citing the need to find another player of a similar caliber.

"Newcastle have come saying they have to replace him with another player, that this is not fair," said FIFA President Sepp Blatter, who believes a club's insurers, its domestic soccer association and FIFA should equally share the burden of compensating clubs for players injured on international duty. To guard against the possibility of losing key players, Blatter says clubs should take out an insurance policy. Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Scolari Gets a Job    
Luiz Felipe Scolari, who resigned as Brazil coach after its disastrous 2014 World Cup campaign, has ...
World Cup Runner-up Coach Steps Down    
Alejandro Sabella, who guided Argentina to the World Cup final in Brazil, has decided to quit ...
Ronaldinho on the Move    
Former World Player of the Year Ronaldinho has left Atletico Mineiro. The 34-year-old former Barcelona, AC ...
Beer Approved in the Big House    
Normally, alcohol sale and consumption is strictly forbidden inside the University of Michigan's stadium, but beer ...
Sturridge Wishes Suarez Well    
Daniel Sturridge says he'll need some help from his teammates if the departure of the Uruguayan ...
Liverpool Signs Belgian Teen Star Striker    
Liverpool has signed of 19-year-old Belgium striker Divock Origi, whose goal against Russia sent the Red ...
Tevez's Kidnapped Father Released    
Juan Alberto Cabral, the father of Juventus' Argentine striker Carlos Tevez, was kidnapped and released eight ...
Atletico Madrid Signs Young French Star    
Spanish La Liga champion Atletico Madrid has acquired 23-year-old French World Cup winger Antoine Griezmann from ...
Cuauhtemoc Blanco Makes Comeback at 41    
Former Mexico striker Cuauhtemoc Blanco has returned to the top flight of Mexican soccer at the ...
Jack Wilshere Regrets Having a Smoke    
What happens in Vegas doesn't always stay in Vegas. Arsenal midfielder Jack Wilshere was caught on ...
>> Section 2 Around the Net Archives