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Money
Transfer contract for competition rights.
Today, 31.08.2009 (thirty-first of August two thousand and nine) between: PSFC "Chernomorets Burgas" AD, UIC 102929385, registered in the Commercial Register to the Registry Agency registered with decision № PD 2156/2005 , the inventory of the District Court of Burgas, with registered office at: 8000, Burgas, Lazur, sports complex Lazur, Procurator Mr. Plamen Kirilov Kiryakov, UCN 6904020647, on the one hand as the Transferor
And
PFC "CSKA" AD, UIC 130212106, with headquarters in the city of Sofia, Dragan Tsankov Blvd № 3, represented together by members of the Management Board VENTSISLAV ZHIVKOV Hristov, UCN xxxxxxxxxxx and PENKO VLADIMIROV PENKOV, UCN xxxxxxxxx, on the other hand as acquirer, the parties hereby agree as follows:
I. SUBJECT OF THE CONTRACT
1 Subject of this contract is the transfer of the racing rights of professional football player Mr. Michel Platini Ferreira Meskuita, born 08/09/1983 , a citizen of Brazil, hereinafter reffered as the Footballer.
2. The transferor, as a sole and absolute owner of the transfer and competition rights of the footballer, transfer them indefinitely in favor of the transferee, against the obligation of the transferee to pay a transfer price in the manner and within the time limits agreed with the provisions of this contract,
II. PRICE
3. Purchase price for ownership transfer and competition rights of footballer is € 510,000 (five hundred and ten thousand euros), without VAT included in the price.
3.1 The transferor issues tax invoice within 5 days of signing the contract.
The transferee shall pay transfer price by bank transfer to the bank account of the transferor in Investbank AD.
IBAN BGxxxxxxxxxxxxxxx
BIC IORT BGSF
The transferee shall pay the transfer price as follows;
5.1. value added tax due, according to the current Bulgarian legislation - upon signing of this contract
5.2. sum of € 170,000 / one hundred and seventy thousand euros / -

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