When it was presumed that in the organization of Cruz Azul no longer had shady dealings regarding their signings; a journalistic revelation has revealed that there were few clear things about the signing of Greek Giorgos Giakoumakis, and many outsiders benefited.

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According to TUDN analyst David Faitelson, the signing of Giakoumakis revealed that there was an excess of money invested in bringing in a 30-year-old player like the Greek striker who is very prone to injuries and who in the end, in a four-year contract, could barely produce 20 percent of the productivity and return on this high investment from a performance standpoint. soccer.

The figures revealed by Faitelson

For now, the report revealed by David Faitelson establishes that Cruz Azul will have to pay a total of $28 million, 870 thousand dollars for a four-year contract for a 30-year-old player, with a history of injuries and who only played in 40 games for the Mquina Celeste, for a total of just 1,960 minutes on the field.

In his presentation, the TUDN analyst highlighted that in the contract, Major League Soccer was paid $10 million (around $190 million Mexican pesos at the current exchange rate) and that it is the legitimate owner of the contract.

He also explained that the ten million dollars that will be paid to the MLS were distributed as follows: $5 million dollars (approximately $94 million pesos) net and free of any taxes or other deductions.

In addition, the payment of the other five million dollars was agreed upon in two installments. The first to be paid on or before September 15 in the amount of $2.5 million dollars (approximately $47 million pesos) and the other $2.5 million dollars on or before February 15.

But the matter did not end there, but the board of directors of Cruz Azul or its advisors, according to Faitelson and the vast majority of the journalistic guild, believed that they had found the best seller and that is why they offered him a four-year contract in an employment relationship that was agreed from June 2024 to June 2028.

More details of the contract

The contract establishes a monthly salary of $275,000 thousand dollars, that is, $5 million, 550 thousand pesos at the current exchange rate, this means that after four years, the value of the contract for net salary will be $13 million, 200 thousand dollars.

In this same contract in an annex Cruz Azul will give him a signing bonus of $61 million, 640 thousand pesos or $3 million, 350 thousand dollars just for stamping his signature and will also pay $1 million dollars to the player's representative and $1 million, 300 thousand dollars to the promoter who brought the negotiation paid in 8 exhibitions.

Therefore, the board of the Mquina Celeste, headed by engineer Vctor Velzquez agreed to pay the MLS $10 million dollars, $13.2 million dollars to the player, $1 million of dollars to the representative and another million, 320 thousand dollars to the promoter who generated the signing.

Cruz Azul in its eagerness to convince the Greek forward from Atlanta United agreed to pay him a signing bonus of $3 million, 500 thousand dollars to the player, for a total of $28 million, 870 thousand dollars, which represents an outrageous amount of money in Mexican pesos for a 30-year-old player that did not correspond to the economic effort of the cement companies.

Other bonuses

In case the robbery in the unpopulated area had not occurred, Faitelson also assured that in Giakoumakis' contract there are clauses for productivity bonuses such as $50,000 for the Liga MX scoring title, the same amount for the CONCACAF Champions Cup scoring title, while for the Leagues Cup scoring title the established figure was $25,000.

Finally, for the scoring title of the Club World Cup, where Cruz Azul will soon participate, the forward would have earned $100,000. While in case the player wants to terminate the contract, it is established in section 18 of the document, a penalty of $25 million dollars is established if the player wants to leave without reaching an agreement with the cement companies.

The document includes the signature of the legal representative of the cement organization Rafael Anzures Ortiz and that of the player Giorgos Giakoumakis, while in an annex to the contract the times for the representative and for the agent who generated the operation are established.

The nebulous nature of the signing

Faitelson also raises the direct participation in the negotiation of Cruz Azul's sporting director, Ivan Alonso, whom he points out to have bank accounts in Luxembourg, where some commissions for the signings stand out and above all the great interference he has in them.

Meanwhile, in the numbers, Giakoumakis has been one of the biggest flops in recent years of Mexican football, since his goals at the beginning were only a mirage that backfired on the cement company's management in its desire to have a great figure.

So far, Giorgos has 60 days without playing after having scored nine goals and contributed eight assists, which represents a goal every 115 minutes, missing 29% of the games due to injury, which has represented just 1960 minutes in 40 matches.

For that reason Azul has taken him to the Leagues Cup to put him in the showcase and see if he can recover some of this high investment.

This shows that $28 million, 87 thousand dollars, have been squandered, but the important thing will be to know who has been involved in this strange negotiation in this blue environment, which becomes dark, as well as in bank accounts in a bank in Luxembourg, where large amounts of 4 million dollars a month are handled, deposited for a certain Iván Daniel Alonso.

It is true that this contract issue is no different than how things are handled at Tigres, Rayados de Monterrey and Chivas del Guadalajara, who just during the offseason made every effort to secure the services of Luis Romo, a former Cruz Azul player, for unimaginable amounts that far exceeded what Cruz Azul's management paid for Giakoumakis.