Audio By Carbonatix
Chelsea have reached an agreement with Norwegian club Lyn Oslo in the dispute over the transfer of John Mikel Obi.
The Blues had issued a High Court claim against Lyn and former chief executive Morgan Andersen in October in an effort to recoup the £16m they paid for Mikel.
But a short statement on the Chelsea's website on Monday confirmed that the matter had been resolved out of court.
"Chelsea and FC Lyn Oslo have resolved all matters between the two clubs with regard to John Mikel Obi," it read.
"The terms of the agreement will remain confidential. There will be no further comment."
In launching the high court bid, Chelsea had claimed the transfer was based on the "fraudulent misrepresentation that Mikel had an employment contract with Lyn".
In June 2006 the Premier League club paid £4m to Lyn and £12m to Manchester United, who had a deal to sign Mikel in April 2005.
But, following Andersen's criminal conviction in Norway, they wanted Mikel's transfer fee repaid.
Before Mikel joined Chelsea, United had claimed they had signed him from Norwegian club Lyn but they later agreed to terminate their option agreement when the player made it clear he wanted to join the London club.
Andersen, who had previous convictions for forging official documents, was later convicted of fraud and making false accusations by an Oslo court.
He was given a one-year suspended jail sentence.
Source: BBC
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
He entered at eight. He is now 16: Ghana’s children growing up in prayer camps
1 hour -
‘Development must not always begin from Accra’ — Anwelle Foundation launched in Jirapa
1 hour -
PKO trio eye victories at Odwira Festival
4 hours -
346 Ghana Navy recruits pass out after 26 weeks of intensive training
4 hours -
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
5 hours -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
5 hours -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
5 hours -
The brewing tension at KNUST; Beware the Ides of October….
6 hours -
Health Ministry moves to integrate traditional medicine into mainstream healthcare
6 hours -
550 pupils in Kintampo South get educational lifeline as ‘Seeds of Hope’ reaches farming communities
6 hours -
Opoku Mensah urges Christian Council, House of Chiefs to speak up on democratic freedoms
7 hours -
Teacher unions’ strike: Minority demands immediate payment of teacher arrears, 20% deprived area allowance
7 hours -
The Accra-Kumasi Expressway: Building it right
7 hours -
Beyond gold exports: Building value and economic resilience from Ghana’s gold
7 hours -
2027 AFCONQ: Ghana under pressure as Gambia beat Somalia 2-1
7 hours