Argentina winger Gutierrez signed by Newcastle
July 3, 2008
Argentina midfielder Jonas Gutierrez is reportedly said to be signed by Newcastle for a five year deal. He was sued by his Spanish club Real Mallorca for walking out of them.
Newcastle, however, didn’t reveal the fee paid to him but the city of Manchester is said to have 7 million pounds bid for him earlier this year.
FIFA’s Article 17 allows players under 28, who have served three years of their contract to “buy-out” the remainder of their agreement. The player invoked this agreement and hence is being sued by Mallorca demanding 15 million Euros ($23.68 million).
Tags: Jonas Gutierrez, Mallorca
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