FIFA Fines Arsenal N19.2 Million For Irregularities In Transfers Of Akpom And Costa Rican
Published: July 03, 2020World football governing body, FIFA, has slapped a fine of 40,000 Swiss francs (approximately N19.2 million in Nigerian currency) over sell-on clauses contained in the transfer agreements for Nigerian born striker Chuba Akpom and Costa Rica international Joel Campbell.
Akpom was sold by Arsenal to Greek side PAOK Thessaloniki while Campbell moved to Italian Serie B outfit Frosinone with conditions that ensured that the Gunners will enjoy healthy percentages when and if sold to other clubs.
FIFA's disciplinary committee issued a stern warning to the north London club that stiffer punishments would await them if further infringements occur in the future.
"It is evident that in a scenario in which PAOK FC and/or Frosinone receive two similar and/or identical offers for the transfer of the relevant players, one being from a club in the United Kingdom and the other one coming from a club outside the United Kingdom, PAOK FC and Frosinone would be more inclined to accept the offer coming from the club outside the United Kingdom, as it would make the operation most profitable from a purely financial point of view," a statement from FIFA read as reported in the Associated Press.
Akpom last year 2019 revealed his intention to represent the west African nation and was keen to move to the Greek team for regular game time.
Arsenal it is gathered would have gotten 40% of the fee for a sale to a British team and 30% for the sale to any other team on Akpom.
Akpom, who has represented England at youth level, was on the books of Arsenal for sixteen years before switching to PAOK in 2018.
Izuchukwu Okosi
Photo Credit : arsenal.com
Latest News
- Tottenham Hotspur hold the advantage over Newcastle in the race to sign Nigerian centre-back
- Akpom would like Ajax to appoint legendary Liverpool playmaker as coach amid talks with ex-Chelsea boss
- Arsenal eye PL record v Tottenham: Super Eagles star last player to score against table-toppers
- Chelsea switch attention to top Man Utd striker target as alternative to Napoli star Victor Osimhen
- Meet Onyeka Paloma Gamero: The Barcelona striker eligible for Super Falcons, USWNT and Spain
- 'Was amazing' - Former Celtic striker insists Balogun must keep his spot in Rangers backline
- Arthur Okonkwo's potential departure: United States youth teamer heading to Arsenal for training stint
- After Boniface, Napoli considering another Super Eagles striker as potential replacement for Osimhen
- Inter Milan join Arsenal and AC Milan in race to sign Bologna's Super Eagles-eligible striker
- Promising right-back Habeeb Ogunneye misses out on major Manchester United honour
Football News 24/7
News Categories
- Football Betting
- African Players
- Australia/ Asia
- Belgian Championship
- Bundesliga
- Danish Football
- English Premier League
- Nigeria National Teams
- Nigeria Premier League
- Norwegian Football
- Polish Football
- Russian Championship
- Serie A
- Spanish Liga
- Swedish Championship
- Transfer
- Turkish Championship
- Ukrainian Football
- Uncategorized
- Women's Football