River reached an agreement with Parma and secured financial compensation for Luca Scarlato

River reached an agreement with Parma and secured financial compensation for Luca Scarlato
River reached an agreement with Parma for Scarlato
porEditorial Team
Argentina

After the controversial departure of the youth player under parental authority, Millonarios agreed with the Italian club on future financial benefits

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After several days of uncertainty, River finally managed to reach an agreement with Parma Calcio 1913 to secure future financial compensation for Luca Scarlato, the 16-year-old youth player who decided to leave the club and continue his career in Italian soccer under the protection of the legal concept of parental authority.

The departure of the midfielder, who was considered one of the greatest prospects in the youth divisions of the Núñez club, caused strong discontent among the club's management, since the footballer chose not to sign his first professional contract and to move to Europe without River receiving immediate compensation. The situation, which is increasingly common among young players with European citizenship, raised alarms at the club regarding the protection of its developmental assets.

River tendrá una compensación económica por Scarlato
River tendrá una compensación económica por Scarlato

In that scenario, El Millonario began negotiations to protect its interests and even warned various Italian clubs, including Parma, that it would resort to legal action before FIFA if they proceeded with signing the player without a prior agreement. After rejecting two initial proposals for being considered insufficient, an understanding was finally reached with the club from Parma.

"Club Atlético River Plate announces that, in light of the unilateral decision by the player Luca Scarlato to leave the Institution, an agreement has been reached with the Italian club Parma Calcio 1913", the institution officially stated. In the same text, the club detailed that the agreement recognizes "future financial benefits" in favor of the club and makes it possible to maintain the institutional relationship between both clubs.

Furthermore, from Núñez the club expressed its gratitude for "the professionalism and respectful treatment" shown by Parma during the negotiation. The agreement stipulates that River will retain a percentage of the player's economic rights in the event of a future transfer, a formula similar to the one applied in other recent cases such as those of Joaquín Panichelli and Giuliano Simeone.

El comunicado de River
El comunicado de River

With a German EU passport, Scarlato is free to sign a contract and make his professional debut in Europe before turning 18, a legal advantage that sped up his departure and once again brought into question the protection mechanisms for developmental clubs in Argentine soccer.


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