I could only shake my head at these f**king people yes. In most developed nations Selwyn Melville would get laughed out of court. In Trinidad & Tobago, well...
You know what irks me the most, Selwyn and his team not operating with any semblance of sense and sensibility.
I not denying Selwyn the right to his intellectual property right. If his ownership is established then so be it, but if you want to negotiate with the FA on revenue for the use of that property then firstly you need to understand what the existing ability is for your adjunct party to pay. The FA for years have been in the red and only now starting to operate on a profit basis. DJW has many faults but at least over the years he has show he can run business in and out of football.
Let's be real, the FA does not have 30 million to pay anybody, how on earth could he arrive at such a figure. OK even if a big chunk of that figure was for foregone revenue calculated since 98 or whenever, the present administration still not in a position to pay. I don't know if the FA had a counter offer or the full negotiation cycle but 30 million upfront is significant for a fledgling organization now trying to function properly.
Maybe someone familiar with intellectual property law can chime in if he can still claim for damages for the retroactive use up till present. I don't even know how valid that will be, and may only be liable from the defined point of ownership which was only more recent and may further only be valid from the point a claim was made, and if the negotiations were in good faith then even then he may not be able to claim anything.
I would have negotiated some sort of payment scheme that would have included an annual usage fee, a retroactive surcharge to cover previous use that would eventually expire at some future date and maybe a profit sharing option. To sweeten the deal, you tie the payments to the audited accounting schedule that is tied to FIFA funding so you only get paid at a minimum when the FA gets their subvention from FIFA, it will encourage the FA to be above board which keeps the payments alive.
Selwyn i giving you some options if not already considered cause as what was posted before, as a fan we cannot be harvesting institutions like this but you cannot put this edition of the FA in this position and not expect this outcome. I'm sure this is not the outcome you really want. Without knowing the FA's counter position, if they are willing to pay 1.7 million to re-brand, ask the FA for the 1.7 million they were going to re-brand and start from there with some other negotiated use. Keep Soca Warriors alive.