Rangers 'win' appeal to CAS over Carlos Pena contract compensation pay-out

Rangers 'win' appeal to CAS over Carlos Pena contract compensation pay-out
Rangers 'win' appeal to CAS over Carlos Pena contract compensation pay-out

RANGERS have won an appeal to the Court of Arbitration for Sport (CAS) over a dispute of the termination of Carlos Pena's contract, according to a report.

The Mexican signed for the Light Blues in 2017 from Chivas under Pedro Caixinha.

The advanced midfielder joined for a fee believed to be around £2.2million and arrived with hefty expectations on his shoulders.

His Ibrox career never took off though, as injuries and off-field issues hampered his time in Glasgow.

In 2019 Pena was dismissed by Rangers over dishonesty regarding his abuse of alcohol.

Since then, Pena has admitted to a drinking addiction.

After being released from his contract by Rangers, Pena made a complaint to FIFA that the club had breached the terms of his deal. Football's governing body accepted this position.

FIFA are said to have come to this judgement on a technical basis because they felt Rangers should not rely on conduct while the player was out on loan at Cruz Azul in his homeland.

Pena was then awarded a "significant seven-figure sum" as compensation for the final two years of his deal.

However, Rangers then moved to content the ruling with CAS. The case has been ongoing for 18-months.

Now, Rangers Review say that CAS have overturned FIFA's judgement.

This means that Rangers' appeal was successful and therefore no compensation payment will be made to Pena.

Had CAS upheld the original decision, Rangers would have been forced to pay up the remainder of the player's contract in a lump sum within 28 days.