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


Previously unpublished documents appear to lend a greater understanding than ever before of Manchester City's Argentine striker Carlos Tevez.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
Reports: Messi Close to Barca Pay Raise    
According to reports in Spain, Lionel Messi is close to agreeing a contract extension with Barcelona ...
Scholes Named Man United Assistant Coach     
Paul Scholes on Wednesday was named as an assistant coach to interim Manchester United coach Ryan ...
FIFA Suspends Barca Transfer Sentence    
FIFA on Wednesday temporarily suspended the transfer ban handed to Barcelona for violating its rules regarding ...
Donovan on Moyes     
Landon Donovan on Wednesday sounded off on the news that Manchester United had fired head coach ...
Moyes Speaks Out About United Dismissal     
David Moyes on Wednesday broke his silence after being fired as head coach of Manchester United ...
Simeone: Atleti Tried to Score vs. Chelsea    
Diego Simeone said that in contrast to Chelsea, Atletico Madrid tried to score during the first ...
Mourinho Would Field Weakened Team at Anfield     
Jose Mourinho suggested that Chelsea might have given up on the Premier League title after the ...
Scolari turns criticism back onto the critics    
Brazil coach Luiz Felipe Scolari is shrugging off criticism of several players as tension and excitement ...
Qatar begins down-sizing World Cup plans    
Qatar plans to scale back plans for the World Cup it is scheduled to host in ...
German unions request leniency for late arrival during World Cup    
German union leaders want employers to show leniency towards their soccer-supporting workers by allowing them to ...
>> Section 2 Around the Net Archives