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
The tangled web of Tevez's 'ownership'
The Guardian, August 25th, 2011 2:51PM

MOST READ

MOST COMMENTED

Previously unpublished documents appear to lend a greater understanding than ever before of Manchester City's Argentine striker Carlos Tevez. His journey from "Fort Apache," the Buenos Aires slum where he grew up, to his status as one of the world's most celebrated and highest paid players, and the part played by his representative, Kia Joorabchian, has been one of the modern game's more intriguing narratives, explains David Conn.

The documents state that Tevez was ultimately owned by a fugitive Georgian oligarch, who later fled to London, and that joint ownership is now claimed by his partner, a Russian billionaire exiled in London and a sworn enemy of Russia's Prime Minister Vladimir Putin.

At the age of 20, after Tevez joined the Brazilian club Corinthians from Argentina's Boca Juniors, the player's "economic rights" – his registration as a soccer player – were, according to the documents, sold to MSI, a company registered in the British Virgin Islands, a secretive tax haven. At the same time Joorabchian was leading a fund, also called MSI, based in London, which said it had "a number of investors mainly based in Britain and Russia" and which financed Corinthians themselves.

Court and internal company documents seen by the Guardian assert that the owner and financial backer of MSI, which owned the rights to Tevez, was the Georgian billionaire oligarch Arkadi "Badri" Patarkatsishvili. A former car-industry executive, he emerged as one of the richest oligarchs from the Soviet Union's post-communism collapse, with interests in mining, cars, aerospace and media. He died in 2008, a fugitive in London, hounded by the authorities in Georgia and Russia.

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
World Cup Boosts German Beer Sales    
The World Cup is credited for boosting German beer sales by 4.4 percent in the year's ...
Glazers Selling selling 8 million Man United    
The Glazer family will make around $150 million by selling 8 million shares of its stake ...
Former Palestine Midfielder Killed in Bombing    
Former Palestinian national team player Ahed Zaqout has been killed by an Israeli bomb that hit ...
Neymar Aims to Be Fit for Barcelona Opener    
Brazilian star, Neymar, who fractured a bone in his back following a challenge from Colombia's Juan ...
Mourinho: Lukaku Lacked Motivation    
Chelsea coach Jose Mourinho, after his club sold 21-year-old Belgian striker Romelu Lukaku to Everton for ...
Former Zambia Boss Takes Ivory Coast's Helm    
Frenchman Herve Renard has been appointed coach of Ivory Coast, replacing Sabri Lamouchi, who left after ...
Steven Gerrard: 'Every Person Slips'    
Steven Gerrard says the slip that arguably ended Liverpool's title hopes and England being knocked out ...
La Liga Champ Eying Chicharito    
Mexican striker Javier Hernandez, who started just six Premier League games for Manchester United last season ...
No Charges for Moyes Over Bar Incident    
Former Manchester United coach David Moyes is in the clear after he was investigated over an ...
West Ham Acquires Ecuador World Cup Striker    
West Ham has finalized a $20 million transfer of Ecuador striker Enner Valencia from Mexican club ...
>> Section 2 Around the Net Archives