Colón address Espinola’s situation: club’s next steps revealed | OneFootball

Colón has officially issued a statement expressing its position regarding the CAS resolution in the case of Alberto Espínola, to whom it must pay nearly 400,000 dollars.

Colón issued an official statement on its social networks referring to the resolution of the Court of Arbitration for Sport (CAS) on the claim of Paraguayan defender Alberto Espínola, putting an end to a long chapter of contractual controversies dating back to 2023.

According to the information disseminated by the institution, the CAS ratified the decision of the FIFA Dispute Resolution Chamber, which had significantly reduced the sum claimed by the player. Initially, Espínola demanded a total of 719,908.67 dollars, an amount that was partially rejected by the international body thanks to Colón's legal defense.

Finally, the club's obligation was established at 345,000 dollars plus $12,859,500, both amounts with an annual interest of 5%, which must be paid to avoid more severe penalties.

Colón's statement on Espínola

In its statement, the red-and-black leadership highlighted that, with the confirmation of the CAS, the deadline for the payment of the debt begins to run, and the corresponding steps will be initiated to meet the obligation. "The CAS award confirms what was resolved by the Dispute Resolution Chamber and the amount it ordered to pay, starting the deadline for the corresponding payment, for which the relevant negotiations will be initiated," expressed the Board of Directors.

The Espínola case had generated tension within the club, not only because of the magnitude of the debt, but also because of the possible sporting and financial consequences of a potential default. If the stipulated sum is not paid, Colón could have suffered a ban on making signings for three consecutive markets, a sanction that would have directly affected the team's planning in the midst of the Primera Nacional competition.

With this resolution, the Santa Fe leadership seeks to close a complex chapter, guarantee institutional stability and preserve management capacity in the upcoming transfer markets. In addition, the fulfillment of the debt will allow Colón to focus on the sporting aspect, with the squad focused on closing the season in the best possible way and without external conditions.

The statement represents a formal and clear step by the institution to provide transparency to its associates and the general public, showing both the definitive amount and the intention to meet the obligations in the stipulated times. The situation also marks an important precedent in the recent history of the club, by facing and resolving a conflict of international relevance, with legal and financial implications of great magnitude.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.