Atletico Mineiro loses appeal and will pay $13 million

Atletico Mineiro lost an appeal at the Court of Arbitration for Sport (CAS) and will have to pay $13 million to avoid a ban on registering new players. The Brazilian club was ordered to pay the debt to Nottingham Forest, related to the late payment of one of the installments of Gustavo Scarpa's transfer.

What happened?

Atletico Mineiro had an appeal rejected by the CAS in a process involving Nottingham Forest. The information was released by GE.

Why is this important for Atletico Mineiro?

The unfavorable decision may lead to sanctions, such as a ban on registering new players in the next transfer window. The Brazilian club had already agreed with Nottingham Forest to pay the total value of the transfer.

What comes next?

Atletico Mineiro will have to pay $13 million, including interest and legal fees. The English team will receive 500,000 euros, plus 5% interest, and the final installment of 1.5 million euros, also with 5% interest.