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
-
Call off strike, give us one month to resolve payment issues – Education Minister appeals to GAUA
20 minutes -
GAUA to consult members after talks with Haruna Iddrisu as strike continues
33 minutes -
Being fast doesn’t mean perverting justice – Srem-Sai challenges critics to prove manipulation
2 hours -
Lawyers can’t decide how cases run – Srem-Sai fires back in vacation court row
2 hours -
Aksa case should ordinarily be handled by OSP, not EOCO – Manhyia South MP
2 hours -
Norway’s king admitted to hospital and put on sick leave
2 hours -
Education Minister engages university administrators over ongoing strike
3 hours -
Technological convergence, disruptive innovation and the future of youth education in Ghana
3 hours -
When the sirens become a national anthem: confronting Ghana’s road accident crisis
4 hours -
Aksa bribery scandal exposes deeper failures in Ghana’s procurement system – Manhyia South MP
4 hours -
Luv FM High School Debate: KNUST, St. Louis strike gold as quarter-finals dreams come alive
4 hours -
Banks’ pre-tax profit jumps 40% to GH¢23bn
4 hours -
Luv FM High School Debate: Anticipation builds as schools battle for supremacy in Round of 16
5 hours -
Banking sector deposits jump 25% to GH¢334.3bn in 2025 — PwC
5 hours -
Hostel Owners Association bares teeth over legality of rent control campaign against exorbitant fees
5 hours