Kevin Blackwellâ€™s hopes of boosting his summer transfer budget with compensation money regarding the Carlos Tevez Affair have been dashed after it was revealed Sheffield United must now wait until September to find out if they will be compensated.
The latest instalment of the high-court battle between The Blades and West Ham United led to an independent arbitration investigating whether The Hammers should have been docked points after Tevez was found to be owned by a third-party, rather than just the Â£5.5m fine they were issued.
Tevez: Third-party owned… but how much compensation will Sheffield United recieve for the controversy?
The original panel ruled that a points deduction would be unfair on West Hamâ€™s players and fans, and Unitedâ€™s legal team argue that this was a contributory factor in their eventual relegation from the Premier League.
Bramall Lane chairman Kevin McCabe, who has almost single-handedly led the â€˜campaign for fairnessâ€™, said: â€œIt’s down to the panel to make their award, which should be September.
â€œThe formal arbitration hearing was concluded last month, but there’ll be one more day at the end of July for further oral submissions.â€
McCabe has previously suggested that a figure of â€˜around Â£50mâ€™ is adequate compensation for relegation from the top flight. â€œIf you say that the Championship play-off game is worth Â£60m and Sheffield United’s attendance last year was 31,000, with full hospitality boxes and restaurants and broadcasting income, you would say compensation is around Â£50m,â€ he said.
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