Alvaro Morata’s Chelsea transfer was ‘extremely tight’, says law firm behind move

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Updated: July 30, 2017
Football, Chelsea

The law firm that played an instrumental role in Alvaro Morata’s club-record transfer to Chelsea have lifted the lid on what it entailed.

The Spain international left his boyhood club Real Madrid in a deal that could rise to £70.6million, depending on his add-ons.

Morata signed a five-year contract worth around £155,000 a week – with the move aided by the guidance of law firm, Fladgate LLP.

A cross-firm team advised on various aspects of the transaction led by James Earl, Head of the Sports Business Group alongside sports partner Alan Wetterhahn and associate Mo Bhaimohmed.

And speaking about the deal, Earl spoke of the timeline of it all coming together as being ‘extremely tight.’

“It is fantastic to have been able to advise one of Europe’s leading strikers, Alvaro Morata, on his transfer to Chelsea Football Club and it is clear that this move has the ability to be hugely beneficial to club and player alike,’ he said.

‘The timeline was extremely tight and the range of challenges and issues diverse.

‘Transfer deals of this nature are becoming ever more complex, reflecting the need for advice on a myriad of elements, including corporate, tax, regulatory, IP, image and media rights, and employment.

‘This matter had to accommodate a number of competing interests and, of course, was against the usual background of intense press speculation.

‘It has been a pleasure to have been able to act for Alvaro, drawing on the deep experience of the Sports Business Group at Fladgate, and we wish him every success in his move to Chelsea.’

The 24-year-old Morata will be hoping to make his competitive debut for Chelsea against Arsenal in the Community Shield at Wembley on August 6.

By Luke Augustus

This image was provided by Simple Mind.

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