Imagine that you have not received the money owed to you. All attempts for an amicable resolution have failed and you are compelled to resolve the dispute at the Court of Arbitration for Sport (CAS), which is now asking you to pay CHF 80,000 (approx. EUR 86,000) upfront as the Advance of Costs. That sum sits idle for 18 months whilst your case winds its way through the procedure. Finally, you win, and you are reimbursed for the costs by the losing party. You receive your money back, but then you realise… you have still lost out. You may have suffered greatly to gather that money and depriving yourself of it for 18 months was a big commitment, even if you were completely sure you would eventually get it back. During that time, your CHF 80,000 has earned nothing, not even the modest interest your bank would have paid. In fact, your money has lost value due to inflation and carries lower purchasing power than it did when you last had it. Is this a...
Why not join us?
Football Legal is an independent media publishing football law contents on a daily basis dedicated to all football law practitioners (lawyers, clubs, federations, intermediaries, football stakeholders, etc.).
Register today and stay tuned to the latest legal news.
Get started