(WFI) Chelsea confirms that the Court of Arbitration for Sport has today granted their request for FIFA’s transfer ban to be suspended pending a final decision.
In September, FIFA placed a 16-month-long transfer embargo on the club, the punishment coming after its dispute resolution chamber found the west London club guilty of illegally inducing the French youth player Gael Kabutu to break his contract with Lens.
It meant Chelsea were banned from trading in the next two transfer windows, hampering any plans to strengthen their squad until January 2011.
Following Chelsea’s appeal, CAS said on Friday: “Such sanctions are now stayed until the CAS renders its final decision in this matter.”
Chelsea said in a statement: “Chelsea can confirm that the Court of Arbitration for Sport has informed us that it has agreed to a stay of the two-window transfer ban and the playing ban on Gael Kakuta imposed by FIFA’s Dispute Resolution Chamber until the appeal has been heard and completed.”
“There will be no further comment.”
Chelsea consider naming rights deal
On Friday it emerged that Chelsea was considering selling the naming rights to its Stamford Bridge stadium to compete commercially on a more level playing field with the English Premier League giants Manchester United and Arsenal.
New chief executive Ron Gourlay announced the move late Thursday in an interview with Chelsea TV. The London club are hoping to secure a blue-chip company to brand the 41,800-seat stadium in a deal of up to 10 years. Stamford Bridge would remain part of any new name, he confirmed.
“Retaining the ground’s heritage is paramount to considering such a move but we think it’s achievable,” said Gourlay, who recently replaced Peter Kenyon as chief executive at the club.
“On that basis we would enter into discussions over naming rights.”
The club’s naming rights announcement follows this week’s decision by Newcastle’s owner Mike Ashley to rename the club’s stadium [email protected] James’ Park Stadium after his sportswear retailer Sports Direct in a deal until the end of the season. Newcastle fans are angered by the decision but a new naming rights partner is sought for next season.
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