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Tevez settlement reached


David

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West Ham and Sheffield United have brought an end to the Carlos Tevez saga by agreeing an out-of-court settlement for compensation.

The two clubs have been in dispute ever since Tevez helped secure the Hammers' Premier League status at the Blades' expense in 2007.

However, with the affair having dragged on for almost two years a conclusion to the matter has finally been found.

Sky Sports News understands that the Hammers have agreed to pay an initial £15million to the Blades in installments, with the final compensation package believed to be in the region of £25million.

The agreement now means an independent tribunal which was due to reconvene on Monday will no longer proceed.

In a joint statement, West Ham chief executive Scott Duxbury and Sheffield United chairman Kevin McCabe said: "Both clubs are pleased to announce that a satisfactory settlement for compensation has been reached which brings the dispute between Sheffield United and West Ham United to an end. The tribunal will not be resuming."

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[url=http://www.skysports.com/story/0,19528,11688_5058069,00.html]http://www.skysports.com/story/0,19528,11688_5058069,00.html

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