Hertha To Increase Spending To $87.7M EPL Attendance Up 4% Mourinho Criticized By Media, Fans Bayern Receives Biggest TV Money Share Real Madrid President Seeks Re-Election Dortmund Sells Record Number Of Jerseys Executive Transactions Germany Accuses England Of Copying Kit J. League Wants Two-Stage System Valencia VP Details Plans To Improve Club
Currency Converter
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
| From: | |
| To: | |
Upcoming Conferences and Events
SBD Global/July 9, 2012/International Football
Austrian Football Team Rapid Vienna Is Concerned About Transfer Money
Published July 9, 2012
Austrian football club Rapid Vienna is "concerned about the remaining transfer proceeds" for its former player Nikica Jelavic, according to the KURIER. The team sold current Premier League Everton and Croatian national team player Jelavic for €5M ($6.1M) to Scottish side Rangers in '10. The heavily indebted Rangers team still owes Rapid Vienna €890,000 ($1.1M). Only a small amount of the Rangers debt, but for Rapid "it is 5% of the club's annual revenue." Rapid Manager Stefan Ebener said, "Our British lawyers try to get us recognized as privileged creditors." This should help the team to get more money than the estimated 10-20% (KURIER, 7/6).
Return to top
