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Cook has insisted that after walking away from discussions with AC
Milan regarding Kaka, the Blues have not been put off in their
pursuit of the game’s top names.
The Executive Chairman told mcfc.co.uk
yesterday when reacting to the end of talks with Milan: “It certainly
doesn’t put us off. We’re extremely proud of the fact that we actually
had a seat at the table to discuss bringing Kaka to this football club.
“There
are many clubs that would love to be in our position and there are only
a few clubs that can bring that type of talent to their football club
because it’s very complex. It’s simply not a footballer, it’s simply
buying a business.
"You have to go through many more stages than
you do just offering the football club the money to buy him and then
sit down to discuss his personal terms."
Garry then went on to
disclose further details of the stalled talks with the Italian side
over the Club's bid to sign the Brazilian star.
He revealed: "The
numbers that are quoted for the transfer fee for a footballer is only
one part of it. There are many ways to finance that.
"The second
stage is what commercial terms are capable? The player in this context
has seven different sponsors and those sponsors have a prerequisite and
a clause in the agreement regarding where he plays football. So you
have to work through seven times that.
"Then you get to his
personal terms and those terms are related to some of the bonuses that
he’s been receiving and so on. So those three stages are complex in
their own right which requires legal counsel, financial counsel and the
counsel from the executives of the football club.
"The irony of
it is that in some cases you could call up a football club, find out if
the player is for sale, meet with the player’s agent, put an offer in
and get it completed. That could be done in 24 hours, but when you are
talking the levels of Kaka and some of the others at that level, it
doesn’t work like that.
"I think what has disappointed us is that
the circus that took place around this was created by AC Milan. Again,
they bottled it. They wanted to do it [the deal], they were ready to do
it, there was political pressure they were under, not only from the
ownership, but also the media pressure. We felt it, you could see it,
you could smell it and they were scared.
"It has allowed people
to speculate and interpret, which actually negatively impacted our
Club, the owners and the people who work very hard at this Club to
achieve the greater good here."
*mcfc.co.uk will have more from our interview with City's Executive Chairman over the course of the day*
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