Cardiff City Football Club will launch an appeal after they were ordered to pay French club Nantes more than £5m in relation to the signing of Emiliano Sala.
The Argentinian died when the aircraft he was travelling in from France to the UK to complete his move to the Welsh side crashed in the English Channel.
The Bluebirds had argued they could not be held liable for the fee Credit: PA The Bluebirds had argued they could not be held liable for the £15million fee because Sala had not registered as a Premier League player.
Earlier this year, Cardiff held talks with Nantes in an attempt to resolve the issue themselves.
The club said they were ''extremely disappointed'' by a decision by FIFA to award Nantes £5.3m - the equivalent to the first instalment of that fee.
Cardiff City FC is extremely disappointed at the decision of the Players Status Committee to award against the club.
It would appear the committee has reached its conclusion on a narrow aspect of the overall dispute, without considering the full documentation presented by Cardiff City FC to FIFA.
Nevertheless there remains clear evidence that the transfer agreement was never completed in accordance with multiple contractual requirements which were requested by Nantes, thereby rendering in null and void.
We shall be appealing to CAS in order to seek a decision which considers all of the relevant contractual information and provides clarity on the full legal situation between our two clubs.
This is a complex matter, which includes ongoing civil and criminal considerations both in the UK and abroad, which will likely have an impact on the validity of the transfer. It is therefore vital that a comprehensive judgement is reached following a full assessment and review of the facts.
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