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Liverpool owner admits Luis Suarez had £40m buy-out clause

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Liverpool owner John Henry has reportedly admitted that Luis Suarez had a 40 million pound ($67 million) release clause in his last contract and despite Arsenal’s £40 million plus £1 offer last summer, the club simply refused to sell the striker.

“Luis Suarez is the top scorer in the English Premier League which is arguably the top soccer league in the world,” Henry noted while speaking as a panel member at the MIT Sloan Sports Analytics Conference last weekend.

“And he had a buy-out clause – I don’t know what degree I should go into this – but he had a buy-out clause of £40m. So Arsenal, one of our prime rivals this year, they offered £40m and one pound for him and triggered his buy-out clause.”

The story concerning Suarez’ possible transfer was one of the biggest transfer topics of last summer. The Uruguayan striker, who was in the midst of his 10-match ban for biting Chelsea’s Branislav Ivanovic, was unsettled at Anfield. He wanted to play in the Champions League and when he heard of Arsenal’s interest in him, considered putting in a formal transfer request or even taking legal action.

His basis for a potential legal action was the presence of the buy-out clause, a contractual provision that typically allows a player to leave a club if the stated value is triggered by an offer. Given Arsenal’s now famous £40m + £1 offer, it would seem Suarez had the grounds to bring such a suit.

So how did Henry get around the problem? Staunch refusal, for one thing.

“What we’ve found over the years is that contracts don’t seem to mean a lot in England – actually not in England, in world football. It doesn’t matter how long a player’s contract is, he can decide he’s leaving.

“We sold Fernando Torres for £50m. We didn’t want to sell but we were forced to. For the first time (with Suarez) we took the position that we weren’t selling.

“Since apparently these contracts don’t seem to hold, we took the position we’re just not selling and it’s been great for Luis, it’s been great for us, and what will happen at the end of year, I think we’re going to make Champions League and we have a small chance of winning the Premier League this year.”

Sitting in 2nd place four points adrift of leaders Chelsea and with a favorable schedule remaining, few will deny Liverpool’s title chances. But what about the legal implications of what Liverpool has done with regards to this buy-out clause?

Did John Henry pull off something illegal? Did/does Arsenal have a legal claim to Luis Suarez? Will this situation render buy-out clauses unenforceable in world soccer?

No, no and no. The real key in this case, as in all buy-out clause situations, is the structure of the language in the clause. And in Suarez’ case, the language was incredibly broad. The contract did not say – ‘if a bid of £40m is received, Liverpool must sell.’ As explained by Professional Footballers’ Association boss Gordon Taylor last August, it said – “if there is no qualification for the Champions League and if there is a minimum offer of £40m, then the parties will get around the table to discuss things.”

In other words, by including this good faith language requiring the parties to discuss the possibility of a transfer, that hugely softened Suarez ‘buy-out’ clause to the point where, well, it wasn’t really a buy-out clause at all.

Liverpool abided by the terms of the agreement, met with Suarez, discussed with him that they didn’t want to let him go – or, as many speculate, that he would stick it out one more season and could leave if the club didn’t qualify for Champions League – and that was it.

Terms of the contract were met. No legal claim for Suarez or Arsenal. Really, really good lawyering on the part of Liverpool.

Former CONMEBOL president has petition to stop extradition rejected

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ASUNCION, Paraguay (AP) Paraguay’s top court has rejected a petition by Nicolas Leoz, the former head of the South American football confederation, to halt his extradition to the United States.

Leoz is being held under house arrest in Paraguay. He is accused of receiving millions in bribes and kickbacks and was among dozens of top officials indicted in the FIFA corruption scandal.

[ FOLLOW: Leicester City’s miracle ]

Leoz’s lawyer Ricardo Preda told The Associated Press that his petition was turned down, but that he would continue to appeal against the extradition.

Leoz was the head of CONMEBOL from 1986 until 2013 when he resigned, and was replaced by Eugenio Figueredo of Uruguay.

Figueredo is under house arrest in Uruguay on similar charges. Figueredo was replaced by Juan Angel Napoul of Paraguay, who is under house arrest in Miami.

Cristiano Ronaldo back healthy for Real Madrid; will play vs. Man City

MADRID, SPAIN - MAY 03:  Cristiano Ronaldo of Real Madrid warms up during a training session ahead of the UEFA Champions League Semi Final Second Leg between Real Madrid and Manchester City at Valdebebas training ground on May 3, 2016 in Madrid, Spain.  (Photo by Gonzalo Arroyo Moreno/Getty Images)
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Real Madrid manager Zinedine Zidane has confirmed that Cristiano Ronaldo is “100-percent” for Wednesday’s Champions League semifinal match against Manchester City.

Ronaldo missed the first leg at the Etihad while recovering from a thigh injury, which ended a scoreless draw.

[ MORE: UCL semifinal preview ]

The Champions League’s all-time leading scorer with 93 goals, Ronaldo has not featured for Real since suffering the injury in a La Liga match against Villarreal on April 20.

Real Madrid had the better of chances in the first leg in Manchester, but Joe Hart’s heroics stopped Zidane’s side from grabbing an all-important away goal. However, Ronaldo’s absence was clearly visible and his return is a massive boost for Real.

[ RELATED: Atletico Madrid eliminate Bayern Munich, advance to UCL final ]

Even if Ronaldo is not 100-percent fit as Zidane claims, his inclusion in the lineup is still vital for Real’s success. A threat in so many different aspects of the game, his presence alone can throw off opposing defenses, leaving more time and space for his teammates to expose a City back-line that has its flaws.

Premier League chairman: Leicester City made mugs of all of us

LEICESTER, ENGLAND - MAY 03:  Leicester reacts to Leicester City's Premier League Title Success on May 03, 2016 in Leicester, England.  (Photo by Matthew Lewis/Getty Images)
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Premier League executive chairman Richard Scudamore has been around football for a long time, but even he can’t explain Leicester City’s miraculous title run.

[ FOLLOW: All of PST’s Leicester coverage ]

With the Foxes now officially champions of England, Scudamore hailed the achievement as “the biggest sporting story ever.”

Speaking to BBC Sport, the Premier League’s top exec said Leicester’s run has silenced all the bookmakers and critics who said it could never happen, but that he wouldn’t want it any other way.

It’s probably the biggest sporting story ever and the biggest sporting achievement ever.

Nobody saw it coming and even when it was halfway through the season nobody said it could be sustained.

We don’t know what the future holds because we’ve all become completely hopeless at predicting anything, including the bookmakers and everybody else – because this one nobody saw coming.

It’s made mugs of all of us and that is just the most fantastic feeling.

If the bookmakers had it as a 5,000-1 event, you would imagine you should achieve these type of things once every 5,000 years. It gives us 10, 20, 30, 40, 50 years of being able to say: ‘Leicester 2016. Just remember Leicester 2016.’

Pegged as pre-season favorites for relegation, Leicester defied the odds (5,000-1 odds) and claimed the most unlikely of championships. A top executive with the Premier League since 1999, even Scudamore had to admit he had a bit of egg on his face.

[ VOTE: What is the top moment from Leicester’s fairytale run? ]

Scudamore may not have believed in the Foxes, but few outside the city really did. One thing the chairman did have right though, is that we will all remember ‘Leicester 2016.’

Simeone on Atleti’s achievement: We showed the work of three years

MADRID, SPAIN - APRIL 02:  Head coach Diego Pablo Simeone of Atletico de Madrid gives instructions during the La Liga match between Club Atletico de Madrid and Real Betis Balompie at Vicente Calderon Stadium on April 2, 2016 in Madrid, Spain.  (Photo by Gonzalo Arroyo Moreno/Getty Images)
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Atletico Madrid are headed to their second Champions League final in three seasons.

Antoine Griezmann’s away goal was enough to lead Atleti past Bayern Munich in the semis as they must now await their opponent in the final, either Manchester City or Real Madrid.

[ MORE: UCL semifinal preview ]

Atleti lost the 2014 final to Real Madrid, but they currently look the strongest side in Europe with a leader in Diego Simeone who has risen up the ranks of the game’s elite managers.

Speaking after Tuesday’s match, Simeone said the performance his side put in against Bayern Munich was thanks to the work they have put in over the past few seasons.

Very emotional. It was a very good first half by Bayern, they’re a great team. The missed penalty gave us life.

We had to change a bit from the first leg in terms of how we played and we showed our strengths as a team. The penalty miss by Torres hurt us but in the end it was like a movie, thrilling, with five minutes extra time.

I’m proud of what has happened to this club. We are beating the best teams in the world. Over the course of 180 minutes we showed the work of three years.

I hope that destiny will eventually help us in the final. It doesn’t matter who we play.

Barcelona and Bayern Munich entered the Champions League as favorites to lift the trophy in Milan, but both of those sides failed to get past Simeone’s Atletico.

[ REPORTS: Man City to trigger $60 million Aymeric Laporte release clause ]

Simeone’s name has been linked with the Premier League and other top clubs in Europe, but is there a reason for him to leave Madrid? Atleti’s two legs against Bayern truly did show the work of three years, as the manager has stuck to his guns and built the team around his values as a manager. They may not have been mentioned in the elite tier of clubs in the past, but Simeone has proven they should be now.