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
Report: How Falcao Ended Up at Monaco
Grantland, June 4th, 2013 2:04PM

MOST READ
TAGS:  france, spain

MOST COMMENTED

Grantland takes us through the anatomy of Radamel Falcao’s controversial transfer from Atletico Madrid to AS Monaco, claiming that the Colombian probably had no choice but to go to the super-rich Ligue 1 club, in the end.

At the end of 2011, Falcao made a big-money $52 million move from FC Porto to Atletico Madrid that was partly financed by Doyen Sports, a kind of venture capital firm for soccer players. Just how much Doyen put up for the transfer and under what terms is unclear, but one thing that is clear, is that the Colombian moved for a lot of money that Atletico, which is struggling financially, simply didn’t have. In exchange for fronting half or more of the money for the transfer, Doyen gets equity in the player. This means that when he is sold on again, Doyen gets 50 percent or more of the transfer fee, according to the report.

Because the Premier League has rules against signing players that have third-party owners, Manchester City and Chelsea were never able to seriously pursue Falcao. And given the massive fee for his services, only Paris Saint-Germain, Real Madrid, Anzi Makhachkala and Monaco were realistic options for him. Monaco probably won the race on account of not having income tax. Other clubs may have lined up offers to match the total outlay (transfer fee plus wages) but not exceed it. If that had been the case, Real, for example, would have paid a lower transfer fee so it could meet Falcao’s wage demands. But Doyen, as the third-party owner, is paid based on the transfer fee, so it might have required Falcao to head to Monaco, the only solution that would make all parties happy.

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
Sporting Demands UCL Replay     
Sporting Lisbon has lodged a formal complaint with UEFA demanding a replay of its UEFA Champions ...
FIFA Rankings: USA Falls to 23rd    
Jurgen Klinsmann's USA fell six places to 23rd in FIFA's international rankings following a pair of ...
Diego Costa Released from the Hospital     
Chelsea is expected to be without striker Diego Costa when the Blues visit Manchester United at ...
Reports: Ibra Suffers Injury Setback     
Reports in Sweden claim that Zlatan Ibrahimovic could require surgery on the heel injury that has ...
FIFA Backs Clasico Pause for Messi's Record     
Lionel Messi heads into Saturday's game against Real Madrid at the Bernabeu just one goal short ...
Allegri: Juve Can Still Qualify    
Massimiliano Allegri believes Juventus still has a good chance of qualifying for the Round of 16 ...
Mertesacker: Gunners Lack Confidence    
In a candid interview, Arsenal center-back Per Mertesacker admits that the Gunners are low on confidence ...
Rodgers: Why Always Balotelli?     
Once again, it was all about Mario Balotelli, as Liverpool coach Brendan Rodgers fielded a barrage ...
Report: Demand Amps Up Ahead of El Clasico    
This Saturday's Clasico between Real Madrid and Barcelona, which regularly draws hundreds of millions of viewers ...
Ferguson: Moyes Didn't Inherit Declining Man United    
Alex Ferguson has updated his book My Autobiography to include a section about the short reign ...
>> Section 2 Around the Net Archives