Audio By Carbonatix
UEFA and players’ union FIFPro want to strengthen a forthcoming worldwide ban to stop third party investors from owning player transfer rights.
FIFA’s phased-in ban on so-called third-party ownership of players, or TPO, comes into force on May 1.
FIFPro and UEFA said Wednesday they have jointly filed a legal action asking the European Commission to outlaw TPO, too.
The complaint counters an earlier protest against the FIFA ban filed to the commission by the leagues in Spain and Portugal, where the investment model is popular.
"Third-party player ownership is a kind of modern slavery, where you see players belonging to investment funds, or other, generally unidentified, corporate entities," UEFA general secretary Gianni Infantino said in a statement.
FIFPro said the complaint, if successful, will "ensure any potential loopholes and windows for circumvention of the new regulations put forth by FIFA are closed."
TPO is already prohibited in some European countries but has been popular with agents and clubs in Latin America, Spain and Portugal. They say it lets clubs sign players who would otherwise be unaffordable.
The leagues’ complaint argues that FIFA’s ban "violates rules protecting competition," and hurts clubs "with fewer economic resources."
Critics say TPO encourages players to be transferred for profit-taking and threatens football’s integrity.
FIFA agreed to ban the practice after a two-year campaign by UEFA.
-
Latest Stories
-
Karaga MP donates 4,000 gallons of fuel to boost livelihoods in New Year outreach
2 hours -
GIPC CEO engages European Parliament delegation on Ghana’s investment reforms
2 hours -
BoG rejects market speculation, emphasises data-driven policies
3 hours -
BoG targets consolidation, discipline in 2026 policy direction
3 hours -
GJA-Ashanti commends EPA’s continuous engagement with journalists who were involved in accident
3 hours -
Wenchi needs development, help us – Chiefs to Aseidu Nketia
3 hours -
EPA boss encourages journalists not to relent in their support to fight galamsey
4 hours -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
4 hours -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
4 hours -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
4 hours -
My Response to Dr Bryan Acheampong: Facts must prevail
4 hours -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
5 hours -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
5 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
6 hours -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
6 hours
