The Gers were initially ordered to pay up what has been described as a “significant seven-figure sum” which would have covered the final two years of his contract.
But now that decision has been overturned with Rangers no longer required to pay a penny to the Mexican midfielder whose time at Ibrox was overshadowed with alcohol problems.
According to the Rangers Review, Rangers dismissed the midfielder – who cost the club £2.2m from Chivas during the reign of Pedro Caixinha in 2017 – in 2019 after “multiple examples of dishonesty over his abuse of alcohol”.
Rangers were believed to be sympathetic to Carlos Pena’s personal problems but due to the ongoing impact of them and the continued dishonesty the club were left with no option but to cancel the player’s contract.
FIFA had initially awarded compensation to Carlos Pena on the basis that Rangers had no responsibility to the player during a loan stint with Cruz Azul.
This has been accepted by a special panel two to one and Rangers were looking a sum north of £1m to pay-out to the midfielder as a result.
Rangers win Carlos Pena FIFA appeal
Rangers have now successfully argued against this decision with the club now no longer expected to pay any compensation to the midfielder.
The appeal had rumbled on for 18 months and can now finally be put to bed and had Rangers not won the appeal, they would’ve had to pay out to Pena within 28 days.
It’s a positive outcome for Rangers and whilst no-one wishes ill of Carlos Pena regarding his alcohol problems, the transfer will go down as one of the worst in Ibrox history.
Carlos Pena was once regarded as amongst the brightest talents in North America but alcohol problems have plagued his career and since moving to Ibrox the Mexican has played for no fewer than eight clubs.
The midfielder is currently playing in Honduras with Club Deportivo y Social Vida.
Remarkably, ex-Rangers boss Pedro Caixinha has previously admitted the club were aware of Pena’s alcohol problems before he signed for the Bears.