Charles Russell Speechlys helps seal £35m Oxlade-Chamberlain deal as transfer window closes
Firm advises on Arsenal midfielder's Liverpool move in one of a flurry of late transfers during record-breaking window
September 01, 2017 at 08:13 AM
3 minute read
Charles Russell Speechlys has advised on the £35m sale of Arsenal midfielder Alex Oxlade-Chamberlain to Premier League rival Liverpool, in one of a flurry of deals completed ahead of the closure of this summer's transfer window.
Total spending by Premier League clubs during this summer's window reached a new record high of £1.4bn, and while many clubs completed the bulk of their transfer business earlier in the window, as always, a number of deals went down to the wire.
Charles Russell Speechlys co-head of sport Ian Lynam advised Oxlade-Chamberlain (pictured) on his move, which was confirmed around midday yesterday (31 August), hours before the 11pm deadline.
Liverpool took advice from its in-house legal team, led by head of legal Jonathan Bamber. Bamber was previously a solicitor for sports brand Nike before joining the club in 2010.
Earlier on in the window, Lynam also advised Bosnian goalkeeper Asmir Begovic on his move from Premier League champions Chelsea to Bournemouth for a fee reported to be "in the region of £10m".
Other deals Lynam was involved in this summer included French defender Gael Clichy's free transfer from Manchester City to Turkey's Istanbul Basaksehir, and Watford's £8m signing of midfielder Will Hughes from Derby County.
Lynam said that one trend from this summer's window was the number of young English players leaving the Premier League for moves to European teams.
He advised 17-year-old midfielder Jadon Sancho on his £10m transfer from Manchester City to Germany's Borussia Dortmund, a move he said "is an example of the kind of deal which may not be possible post-Brexit, as the international transfer of 16- and 17-year-olds is only permitted within the European Union and European Economic Area".
Lynam also advised on the transfer of 19-year-old forward Chris Willock, who moved from Arsenal to Benfica in Portugal for an undisclosed fee, and 18-year-old defender Reece Oxford, who joined German team Borussia Moenchengladbach on a season-long loan from West Ham United.
German law firm Martens assisted Charles Russell Speechlys on Oxford's loan deal.
Charles Russell Speechlys senior associate Paul Shaprio worked with Lynam on the deals, while co-head of sport Jon Ellis acted on behalf of the Football Association, advising on all regulatory, contentious and corporate issues.
Other law firms to have acted on deals this summer include London boutique Onside Law, which was involved in the move of another young English player, advising 19-year-old striker Dominic Solanke on his £3m transfer from Chelsea to Liverpool. Commercial partner Oliver Hunt, who previously worked as an in-house lawyer at International Management Group, acted for Solanke.
Hunt also advised Swiss goalkeeper Eldin Jakupovic on his move from recently relegated Hull City to join Leicester City for a reported fee of around £2m.
The biggest Premier League deal this summer was Manchester United's £75m signing of Belgian striker Romelu Lukaku from Everton, while the top global deal was the record-breaking €222m (£200m) transfer of Brazilian star Neymar from Barcelona to Paris Saint-Germain.
Manchester-based sports specialist firm Centrefield took the lead role for Manchester United on the Lukaku deal, while Neymar's move handed roles to firms including Brazil's Bichara & Motta, Paris firm Nataf Fajgenbaum et Associes and Valencia's Ruiz-Huerta & Crespo.
For more, see Law firms score big on Premier League deals as top clubs set new spending records.
Photo credit: joshjdss
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