High-level litigation involving legal, contractual, regulatory and tax matters. Shout-out to Dick van Voskuilen for the great teamwork.
The Court of Amsterdam has found that back in 2018 SEG has acted for both FC Internazionale and Stefan de Vrij. However, SEG did not inform De Vrij in advance of its own interest in this deal: a commission of € 9.500.000 + a sell-on fee of 7,5%. The Court has rightfully ruled that De Vrij has suffered damages, which must be compensated by SEG. Taking into account interest and costs, the indemnity (currently) amounts to € 5.166.553.
The “De Vrij case” is a milestone in sports law, a new “Bosman case”. For the first time, the role of agents in transactions is scrutinised by a civil court, where conflicts of interest, lack of transparency and disproportionate commission fees are penalised, and an unprecedented indemnity is awarded.
The most respect for our client Stefan de Vrij, who had the guts and determination to go against the grain and fight the system. He pursued the case to hold SEG accountable for its malpractice, but also felt it was his duty to save other players from the same injustice
In recent years, there has been an evolution in which elite players are taking control of their careers. To accomplish this, they call upon independent experts, who work only for them so no conflict of interest can arise. Cresta – The Sports Law Firm is a worldwide front-runner and pioneer of this new role, in which transparency is paramount and conflicts of interest are excluded.
Find our more about Cresta Leaders, our exclusive legal counselling service for the world’s elite football players: www.crestaleaders.com
#PowerToThePlayers #CrestaLeaders #sportslawyers #sports #litigation #inter #knvb
