[lfc-news] Where has our cash gone?

------------------------ Yahoo! Groups Sponsor --------------------~-->
Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page
http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/2_TolB/TM
--------------------------------------------------------------------~->

Where has our cash gone? Oct 13 2005
EXCLUSIVE by Chris Bascombe, Liverpool Echo
http://icliverpool.icnetwork.co.uk/0500liverpoolfc/0100news/tm_objectid=16244300%26method=full%26siteid=50061%26headline=where%2dhas%2dour%2dcash%2dgone%2d-name_page.html

LIVERPOOL have appointed a pioneering Belgian lawyer to monitor the French
probe into the £14m club record transfer of Djibril Cisse.

Jean-Louis Dupont, the man who forced the radical overhaul of football
transfers by winning the Bosman case, is now working on Liverpool's behalf.

The Reds are determined to ensure every penny they've spent so far on the
Cisse deal is accounted for.

"We have been alerted to the fact there is an investigation and we want to
become a party to it so we have access to whatever information is
available," chief executive Rick Parry told the ECHO today.

"We are not suggesting anything untoward has taken place, but the fact
there is an investigation means it is prudent for us to know exactly what's
happening.

"We want to ensure our position is protected and be kept informed if we
have been victims here. If there has been any wrongdoing, we want to know
about it."

French judicial investigators raided eight French clubs last week,
including Auxerre, as part of an investigation into alleged corruption
within their transfer system.

The Cisse deal is the most high profile at the centre of the probe,
prompting the deep concerns at Anfield.

Like most deals, the £14m is paid in instalments and Liverpool will want to
be satisfied their next payment - not due to be paid until next summer - is
certain to find its way to the right source.

There is no suggestion of wrongdoing by anyone at Liverpool, hence the
Reds' appointment of Dupont to monitor the investigations

The investigation into possible embezzlement in the French transfer system
between 1998-2003 has mushroomed since beginning at Paris St Germain last
March.

The homes of players and agents were raided, including those of Pape Diouf,
Willie McKay, Richard Bettoni and Ranko Stojic. Bettoni and Stojic have
often been cited as representatives of Cisse.

Investigators have also been analysing Swiss and Monaco bank accounts in
order to follow the money trail.

Last week, their concern with deals in which Bettoni and Stojic acted as
intermediary led them to Auxerre, or more specifically, the transfer of Cisse.

Liverpool pay their fees directly into Auxerre's bank account and are
alarmed by any suggestion any agents who the club never dealt with could
have profited.

Unsubscribe: lfc-news-unsubscribe@yahoogroups.com
http://www.lfc-list.org.uk/

Yahoo! Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/lfc-news/

<*> To unsubscribe from this group, send an email to:
lfc-news-unsubscribe@yahoogroups.com

<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/