Falkirk to net £150k from Mark Stewart transfer

The Mark Stewart saga has lasted longer than two and a half years - during which he has been at six clubs
The Mark Stewart saga has lasted longer than two and a half years - during which he has been at six clubs
0
Have your say

Falkirk have waited two and a half years to be re-imbursed for Mark Stewart’s transfer to Bradford.

And today (Friday) the Bairns were told they were in the right over claiming training compensation for the forward.

.

The Court of arbitration for Sport has sided with the Bairns in the long-running dispute with the Yorkshire club.

It is a year since FIFA ruled in Falkirk’s favour and ordered Bradford to pay more than £200,000 for Stewart under the govenring body’s complex compensation system.

That still stands, but CAS has softened the blow for the Bantams and reduced a portion of the payment.

Sources have suggested the fee will be around £160,000.

The Bairns are waiting on the full judgement before releasing a statement. It had been expected at 3 p.m. but technical difficulties in Switzerland delayed it by 90 minutes.

The Bairns said: “The Club have been informed that the decision of the FIFA tribunal has been upheld by the Court of Arbitration for Sport. However the amount of the award has been reduced on appeal.

“Falkirk FC are awaiting a copy of the full judgement and will comment further in due course.

The Bairns had claimed more than £215,000 from Brandford City fvor the striker, who moved under freedom of contract in July 2011. However they were due training compensation because the Bairns offered the former Partick Thistle trainee a contract within an allotted timeframe set-out by FIFA. He was also under 23 at the time, but Stewart’s June birthday complicated matters further.

The Bantams challenged the rule and took it to the highest possible appeal - the Court of Arbitration for Sport in Lausanne, Switzerland.

Falkirk general manager David White travelled to the hearing in November and after further delays to the decision, it all boiled down to this afternoon.

Since leaving Bradford Stewart has played for Hamilton, Dundee and Kilmarnock and is currently turning out for Derry City.