Deportivo Cali sued River for Palavecino

Deportivo Cali sued River for Palavecino

It is that, at the time of hiring Palavecino, the “Millionaire” paid 1,800,000 dollars for 35 percent of his file, with the commitment to acquire another 30 percent for a similar amount if the midfielder participated in half of the River matches of the year. On November 7, 2021, before the Board of Trustees, the ex-Platense fulfilled that condition, but the Deportivo Cali president assured that River did not pay the corresponding money, about 1,700,000 of the North American currency, whose term expired in December.

The issue with Deportivo Cali has to do with a foreign exchange issue

Part of the economic rights that Deportivo Cali has correspond to a local resident who is Club Atlético Platense. For this reason, the Argentine Central Bank says that the access to the market (dollars) that River is requesting exceeds the percentage limits that Cali has of the player and that the difference should be paid in pesos at the official exchange rate.

On the other hand, in the last few hours, the Italian press reported an alleged interest from Lazio for Palavecino, who has a termination clause of 20 million euros and his relationship with the Núñez institution expires at the end of 2024. The rest of the The footballer’s pass belongs to the Colombian club, which has 17.50 percent, and to Platense, the team in which he debuted in the First Division.

Source: Ambito

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