Court forces Cruzeiro to pay a debt of R$7 million for the purchase of Arrascaeta

The decision had been published on May 28 and, as CAS upheld FIFA’s verdict, Fox has 30 days to clear the pendency after notification; club may be unable to register new athletes

THOMAS SANTOS/AGIF/ESTADÃO CONTENTFrom Arrascaeta with the Cruzeiro jersey in a match valid for the 2017 season

O cruise was convicted by Court of Arbitration for Sport (CAS) to settle a debt in the amount of 1.1 million euros (close to R$ 7 million) to Defender, from Uruguay, for the acquisition of the midfielder Arrascaeta. In addition, the celestial team still has to pay an expense of 20 thousand Swiss francs (about R$ 113 thousand) for the costs of procedural expenses. The decision had been published on May 28 and, as the CAS upheld the verdict of the Fifa, the Cruise has 30 days to reset the pending after notification. If the miners do not pay, the club will be unable to register new athletes. If the default remains, other sanctions may be imposed, such as loss of points in the Brazilian Series B Championship or even relegation.

The transaction involving the Uruguayan midfielder for Brazilian football took place in January 2015 and he continued at Cruzeiro until 2019, when he was bought by Flamengo. To have the player, the club from Gávea disbursed 18 million euros (R$ 76 million) for 70% of the economic rights of the athlete. Of this amount, Cruzeiro received 13 million euros (R$ 55.2 million) for holding 50% of the athlete’s rights. This transaction increased the dissatisfaction of the Defensor board in relation to the Minas Gerais team, as no conversation took place in order to settle the outstanding debt between the clubs. One of the highlights of Flamengo’s current team, Arrascaeta was also successful during the period he defended Cruzeiro in these four seasons. He became the club’s top foreign scorer with 50 goals in 188 games. In addition, he was two-time champion of the Copa do Brasil in 2017 and 2018, in addition to the Minas Gerais Championship, in 2018.

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*With information from Estadão Content

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