A Dutch court awarded 4.5 million euros ($4.9 million) in damages to Netherlands international and Inter Milan centre-back Stefan de Verge after a legal battle over a transfer with his former agent.
IPL Full Coverage , the schedule , Result , orange cap , purple cap
De Verge dragged his longtime representative Sports Entertainment Group (SEG) to Amsterdam District Court in February, claiming he had suffered losses when he moved from Lazio to Inter in 2018.
De Vries, 30, accused SEG of breaching disclosure obligations during transfer talks, which eventually saw him leave Lazio for Inter after months of speculation.
The former Feyenoord player also said that Inter wanted to pay him a higher salary but in the end, he only got a deal worth 37.5 million euros for five years.
During the transfer “SEG stated that it was negotiating only on behalf of Inter, as stated in an agreement with De Verge,” said the Amsterdam District Court.
“However, the court held that SEG was also negotiating on behalf of de Vries,” at the same time.
SEG received 7.5 million euros in commission as well as an additional two million euros for transfers – which De Vrij said he was never told about.
“If so, the law states that there should be transparency regarding agreements, especially if selfishness is involved regarding remuneration by arbitrators (SEGs) and internationals,” the court said in a statement.
“SEG received a (substantial) commission and therefore had a disclosure obligation,” the court said.
The court said the agency also did not mention that it had received an additional two million euros in compensation nor would it receive 7.5 percent of the potential transfer fee.
Even though SEG told De Vrij about the 7.5-million-euro commission, “it still doesn’t comply with the disclosure obligation.”
“The court, therefore, awards 50 percent (4.5 million euros) to SEG for the deal between de Vries and Inter,” the judges said.
read all breaking news , today’s fresh news And IPL 2022 Live Updates Here.