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No worries over Jo deal - advisor
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18 January 2008
The anticipated transfer has been thrown into doubt because of new Barclays Premier League rules which state third-party ownership is not allowed. City had become concerned over the matter and executive chairman Garry Cook contacted league chairman Dave Richards for clarification.
"Jo is a player who interests us and we are currently in discussions with CSKA Moscow and his representatives. We are hopeful of progress," Cook said.
"We are keeping in contact with the Premier League on the issue. Manchester City is fully aware of the rules regarding third-party ownership of players and any transfers will be completed to Premier League regulations."
Premier League spokesman Dan Johnson also reiterated that their position on £18million-rated Jo, who is also believed to be a target for AC Milan, remained clear.
Johnson said in The Sun: "We are aware of the situation with Jo and the rules are very clear. At the Premier League AGM held two weeks ago it was agreed that third-party ownership of any player will not be allowed."
But a spokesman for Joorabchian told PA Sport that there are had been some confusion and there were "categorically" no third-party issues involved with the transfer of the Brazilian.
He said: "There has been a lot of confusion and incorrect information about the ownership of Jo. Kia, who is acting as Jo's advisor, wishes to stress that categorically no third-party ownership issues are involved with the transfer of the player to Manchester City or any other club.
"CSKA Moscow have an agreement in place with his previous club Corinthians, who would collect a certain percentage of the sell-on fee. This is not, however, a third-party ownership. It is an arrangement between two clubs and is no different from any other deals which contain such clauses."
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