European body upholds FIFA ban on 3rd party transfer deals

BRUSSELS — 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.

Related News

NYC marathon winner Shalane Flanagan to try again in Boston

Dec 11, 2017

Reigning New York City Marathon winner Shalane Flanagan will run in Boston next year in a fourth attempt to win her hometown race

McIlroy to have tests on his injured back

Jan 15, 2017

Rory McIlroy says he will have tests on his back on Monday to make sure he is fit enough to play Abu Dhabi without further damage

Warriors fall at home to Celtics again: Boston wins 99-86

Mar 9, 2017

Isaiah Thomas scored 25 points, Kelly Olynyk added 17 points, five rebounds and five assists off the bench and the Boston Celtics beat the sloppy Warriors 99-86 on Wednesday night, spoiling Golden State's lone home game in a nearly three-week span

You may also like these

NYC marathon winner Shalane Flanagan to try again in Boston

Dec 11, 2017

Reigning New York City Marathon winner Shalane Flanagan will run in Boston next year in a fourth attempt to win her hometown race

McIlroy to have tests on his injured back

Jan 15, 2017

Rory McIlroy says he will have tests on his back on Monday to make sure he is fit enough to play Abu Dhabi without further damage

Warriors fall at home to Celtics again: Boston wins 99-86

Mar 9, 2017

Isaiah Thomas scored 25 points, Kelly Olynyk added 17 points, five rebounds and five assists off the bench and the Boston Celtics beat the sloppy Warriors 99-86 on Wednesday night, spoiling Golden State's lone home game in a nearly three-week span

Sportify News offers you high quality sports journalism. Take a deep look in the world of sports as we bring you the latest news on acquisitions, sponsorships, lineups and more!

Contact us: sales@sportifynews.com

Sports Baseball Archery Baseball Basketball Boxing Football Soccer Tennis Press Broaden