UEFA to ban third-party owners

UEFA has announced plans to ban the third-party ownership of players within its competitions.

Last Updated: 06/12/12 at 21:53 Post Comment

Michael Platini: UEFA will offer clubs a transition period to meet new regulatio

Michael Platini: UEFA will offer clubs a transition period to meet new regulatio

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The system sees individuals own the economic rights to players, meaning that they secure large financial gains for themselves when the player moves clubs.

Third-party ownership is already prohibited in England, where West Ham fell foul of the rule in the purchase of Carlos Tevez and Javier Mascherano, but it is still prevalent in countries such as Spain, Portugal and Brazil.

"The committee decided that the ownership of football players by third parties should be prohibited as a matter of principle," UEFA's statement read.

"Consequently, FIFA will be requested to issue relevant worldwide regulations prohibiting third-party ownership of players.

"UEFA would also be ready to implement a regulatory framework to prohibit third-party ownership arrangements in UEFA competitions, should FIFA not take the appropriate steps."

UEFA also indicated that there would be a transitional period of three to four years for clubs to meet the new regulations.

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H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

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Toure: I am staying with City

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amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

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Toure: I am staying with City

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