Tevez to leave West Ham after deal with agent
LONDON -- West Ham United have reached a 2 million pound ($4.07 million) settlement with Carlos Tevez's representatives that will allow the Argentina striker to leave the club, West Ham announced on Friday.
The deal paves the way for Tevez to join Premier League champions Manchester United and ends a long transfer saga which centred on who owned the striker.
West Ham hold his registration but his agent Kia Joorabchian said he and his companies owned his economic rights. Joorabchian's companies served a High Court writ on West Ham in a bid to resolve the matter. That move has now been avoided.
"The settlement ends the current litigation taking place between the respective parties and provides for a £2 million fee to be paid to West Ham United," the club said on their Web site (www.whufc.co.uk).
"The agreement confirms that West Ham United do have a valid player's contract with Carlos Tevez and hold the registration of the player. This will be released once the agreed fee has been paid to the club."
It added that "the terms of the settlement are consistent with undertakings given by West Ham United to the Premier League and the rules of The Football Association".
West Ham chairman Eggert Magnusson said: "I am obviously pleased that we have finally reached the end of this saga through agreement and common sense.
"All parties involved can now move on and truly focus on the new season.
"I wish Carlos Tevez well for the next stage of his playing career. He is a fine player and I am sure he will be successful wherever he plays football."