Back
Register for SMS Alerts
or enter your details manually below...
First Name:
Last Name:
Email:
Password:
Hometown:
Birthday:
Sorry, we couldn't find that email.
Existing users
Email
Password
Sorry, we couldn't find those details.
Enter Email
Sorry, we couldn't find that email.

Brussels tells Malta-based Doyen it will not investigate complaint on FIFA ban

European Commission will not investigate a complaint against the ban on third-party investors owning soccer players' transfer rights

matthew_vella
Matthew Vella
13 October 2017, 1:24pm
The European Commission will not investigate a complaint against the ban on third-party investors owning soccer players' transfer rights.

In a letter to Malta-based investment fund Doyen, officials say "the Commission does not intend to carry out a more in-depth inquiry into your allegations."

Doyen and Belgian lower-division club Seraing argued that FIFA's 2015 ban on third-party ownership (TPO) violated European competition laws.

The European Commission in Brussels rejects that view, and notes that TPO creates conflicts of interest between clubs, players, and investors.

FIFA and UEFA worked to impose the ban to stop players from moving between clubs solely for profit-taking and to protect the game's integrity.

UEFA welcomes the ruling and says it is "both immoral and illegal" to trade players' economic rights.

matthew_vella
Matthew Vella is executive editor at MaltaToday.
enter to win
DealToday