Claim Against West Ham United
In a compensation claim against West Ham, undertaken in March 2008, Joorabchian claimed that following the Premier League ruling in April 2007 he had brokered a deal between West Ham and Tévez's third-party owners. MSI and Just Sports Inc had initially been reluctant to terminate their ownership arrangement as requested by the Premier League. Joorabchian said that under the terms of the deal West Ham had agreed to pay £4.7 million — later reduced to £4.5 million — to cover costs, the player’s salary, expenses and a loan fee —thereby suggesting that Tévez was paid a salary and expenses beyond that being covered by the club.
Joorabchian further stated that he paid West Ham £2 million to release Tévez’s registration so that he could join Manchester United in August 2007 on the understanding that West Ham would return the money with legal costs amounting to £2.6 million. That transfer had itself been subject to a protracted dispute while Joorabchian claimed that MSI and Just Sports Inc retained the economic rights to the player and should therefore receive any fee for the transfer, rather than West Ham as the Premier League insisted. In the end the West Ham received £2 million for the player's registration —the money Joorabchain claimed to have paid West Ham on the understanding that it would be returned.
Joorabchian's claim against West Ham was eventually settled out-of-court with Joorabchian engaged as a consultant by West Ham with fees of more than £2 million.
Read more about this topic: Media Sports Investments
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