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Colorado Rapids sign Argentinian playmaker Martin Rivero on loan

COMMERCE CITY, CO - JANUARY 05:  Oscar Pareja (R) new head coach of the Colorado Rapids poses for a photo with Paul Bravo (L) Technical Director of the Rapids after Pareja was introduced as the new head coach of the Colorado Rapids at Dick's Sporting Goods Park on January 5, 2012 in Commerce City, Colorado.  (Photo by Doug Pensinger/Getty Images)

It took quite a while for the news to finally break ever since Paul Bravo announced that a signing was coming at the Supporters Fan Forum, but we've finally got our 'mystery #10' for the Colorado Rapids. The Rapids announced on Tuesday that they had signed attacking midfielder Martin Rivero out of Rosario Central. Rather than getting him on a full contract, he's going to be the first Rapids player to sign via a loan in quite a while!

Rivero has had a decent career with the club since they got relegated to the second tier of the Argentinian club, and knowing Oscar Pareja's ability to scout young talent, the amount of hype that Rivero was given should prove him to be a quite exciting player in Burgundy.

The 22 year old Argentinian is certain to feature big in the future plans of the team. No details on the loan contract have been released as per the usual MLS hiding everything. This is the latest in the huge midfield expansion that the Rapids have seen in the past couple of weeks, and another cog in the brand new 'attacking mentality' of the squad alongside guys like Tony Cascio, Jaime Castrillon and Kohei Yamada.

We would like to welcome Rivero to the club!

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Here are some details about the loan deal straight from the horses' mouth

The loan is a two year loan deal with an option to buy the player should we really like Rivero.

Here is what I believe happened:

Rapids wanted to buy the player straight out, and believed they could do so because Rivero hadn’t been paid his wages by Rosario Central. The Club appeared to be in breach of his contract, so the Rapids could swoop in and grab him, pointing to that fact that Rosario hadn’t paid wages as reason why the Rapids don’t have to pay Rosario a transfer fee for the player (as they violated the contract).

Rosario, getting wind that the Rapids were going to make a swoop for Rivero, paid him his back wages, thus bringing them into alignment with the contract (with it’s buyout clause, most importantly) and Tim Hinchey and Paul Bravo then had to go into O SHIT mode because this was an important signing that could blow up in their face because Rosario decided to start playing hardball.

Rapids worked out a loan deal with Rosario, after Rosario realized they weren’t going to get any buyout money, they realized they could save money by just having the Rapids pay Rivero’s wages for two years. I am unsure of what the price of the buyout is in the loan, but if Rivero works out extremely well and becomes a key player for the Rapids, I don’t see how they are going to avoid ponying up the cash to buy his contract.

That’s how it worked out.

by Bulldog Ben on Feb 17, 2012 10:11 AM MST reply actions  

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