Emiliano Sala - Cardiff suing Nantes for £100m - court hearing today (P25)

Not necessarily. If there's insurance in place, then it would be for the insurers to pay, not the club. I'm not saying this is definitely the case, because it totally depends on the wording, but it's certainly possible, and if so, absolutely not a matter of the club just paying. I would not be at all surprised to learn that there is insurance against a transfer fee if something happens to the player before arrival.
I'm just speculating, but if you took a mortgage to buy a house and it burnt down, you're the one who signed the agreement. If the insurer took 6 months to decide to pay up, you have to find the mortgage payments in the meantime, wouldn't you? You get your money back when the insurer settles.

If insurance for total loss is included, then why are Nantes looking to force the issue, they would have been paid.
 
It won't be as simple as that. Although it's fairly obvious what has happened, the legal position on his status as being alive or dead won't be finalised at present. Cardiff aren't saying they aren't going to pay, but until all the t's are crossed and the i's dotted, they won't be in a position to go through with it, and nor will the insurer who presumably are liable for making the payments. That's not at all unsurprising, this is a very unusual situation.

None of that has anything to do with Nantes though, that's for cardiff and their insurer if they have one to sort out, Cardiff's contract with nantes should have been honoured. The transfer fee wasn't dependant upon the player returning from a jolly. If it happened whilst he was on his way to sign them I could understand your\Cardiff's stance as it is they are liable and need to suck it up.
 
I'm just speculating, but if you took a mortgage to buy a house and it burnt down, you're the one who signed the agreement. If the insurer took 6 months to decide to pay up, you have to find the mortgage payments in the meantime, wouldn't you? You get your money back when the insurer settles.

If insurance for total loss is included, then why are Nantes looking to force the issue, they would have been paid.

Their are always contingencies in the event of a certain event such as fire , flood , storm water etc etc.

Over hear after our royal commission into the banking industry has had its findings released you will find banks waiving periods of time for such contingencies on repayment as they should.

Many already did and many have had to because often the land value will not cover the sale price and their only chance of getting payments are to let the insurance situation run its course.
 
Imagine if it happened to one of your family irrespective of whether he/she be in the media's interest or not because of their chosen vocation.

Lack of respect from the media in particular to report such a story that is not in the public interest in any way shape or form especially when his body has not even been recovered and he can be laid to rest as most of us will be hopefully with a modicum of dignity.

Disgraceful in every respect and why the community in general is losing all respect for what Frank Sinatra described as worse characters than pimps and prostitutes.

As Warren Buffett accurately summarised the media and the wider community for that matter the only we learn from history is that we learn nothing from history.

With every mistake we must surely be learning George Harrison once wrote.

Sorry George we still have a long long long time to go.
 
I'm just speculating, but if you took a mortgage to buy a house and it burnt down, you're the one who signed the agreement. If the insurer took 6 months to decide to pay up, you have to find the mortgage payments in the meantime, wouldn't you? You get your money back when the insurer settles.

If insurance for total loss is included, then why are Nantes looking to force the issue, they would have been paid.

It very much depends on the kind of agreement involved, and we don't know what it is. There are other examples like motoring or health where the insurer pays directly. Basically we don't know. I'm just saying it's possible.
 
Ahh, The Beatles...the only good thing to come out of that diseased, puss-filled hellhole, Liverpool. Perhaps there are a few more, don't know, but by and large if it's Scouse I shall hate it.

Funny about the scouse they don't appreciate the Beatles nearly as much as the wider community does.

Probably says all you need to know about them as John Fogerty asks them to put another candle in the window.
 
How does it work regarding the poor fellas wages as it wouldn't suprise me that this is the next thing brought up, I take it Cardiff will have to stump up all this?
Would it go to his estate then ultimately to his family?
 
How does it work regarding the poor fellas wages as it wouldn't suprise me that this is the next thing brought up, I take it Cardiff will have to stump up all this?
Would it go to his estate then ultimately to his family?

They will not have to pay any under the circumstances. I would imagine he is insured for a considerable sum.

I can understand Nantes position in all of this, the transfer was completed and he was a Cardiff player. Cardiff should also have insurance surely?
 
It very much depends on the kind of agreement involved, and we don't know what it is. There are other examples like motoring or health where the insurer pays directly. Basically we don't know. I'm just saying it's possible.
Agreed but insurance is irrelevant. When Cardiff agreed the payment schedule they must have been in a financial position to pay the agreed installments.

All Nantes is asking is that they meet the agreed payment schedule, which seems reasonable as the tragic accident didn’t change Cardiff’s financial position. Saying they don’t want to pay until the inquiry is over smacks of cash flow management jiggery pokery. Kicking the payment can months down the road isn’t fair on Nantes.
 
How does it work regarding the poor fellas wages as it wouldn't suprise me that this is the next thing brought up, I take it Cardiff will have to stump up all this?
Would it go to his estate then ultimately to his family?

The Times reports his wages will go to his family.
 
Currently working in Portland docks. Saw the body being brought off the ship. It was meant to happen under the cover of darkness but was hampered by the weather.

Reporters milling around outside the maingate and ,I think it was a Sky News helicopter hovering about. It didn't appear to be able to get as close as it would have liked due to a Royal Navy Wildcat doing some training.

Terrible tragedy.

RIP to them both.
 
They will not have to pay any under the circumstances. I would imagine he is insured for a considerable sum.

I can understand Nantes position in all of this, the transfer was completed and he was a Cardiff player. Cardiff should also have insurance surely?
Would he (his family) be entitled to wages? His signing on fee yes. But beyond that??
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top