403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
UEFA takes fight against TPO to European Commission
(MENAFN- Arab News) PARIS: UEFA and international players' union FIFPro have lodged a complaint with the European Commission questioning the legality of third-party player ownership known as TPO European football's governing body announced on Wednesday.
'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.
'Clearly this is not something that can be accepted by European law and this is precisely why we have now together with FIFPro asked the European Commission to investigate and to declare third-party ownership illegal.'
World governing body FIFA have already moved to ban the practice worldwide from May 1 this year.
However in Europe the Spanish and Portuguese leagues complained against that decision to the European Commission in February something which the move by UEFA and FIFPro is aimed against.
'Inherent in the practice of TPO is the desire and ability of so-called 'investors' to control and/or influence the transfer activity of players who are the subject of a TPO arrangement (including players who are not even aware that their 'economic rights' have been sold to a third party)' added UEFA.
'Third parties are driven by a simple motivation which is to maximize the 'return' on their 'stake' in individual players.
'UEFA and FIFPro consider that this is not in the best interests of players clubs or the game of football more generally.
'Players (including young and vulnerable players) can be exposed to the whims of third parties. In the meantime clubs can be driven into a vicious circle of debt and dependence.'
UEFA president Michel Platini is a vociferous opponent of TPO saying recently: 'I went on strike in 1972 for players to be free to belong to themselves.
'And today to see players who have one arm which belongs to one person a leg which belongs to an investment fund based I don't know where and a foot which belongs to a third person...I find that shameful' he said adding that it was a 'kind of slavery.'
Other European leagues such as those in England and France have already banned TPO for several years without waiting for FIFA to step in.
'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.
'Clearly this is not something that can be accepted by European law and this is precisely why we have now together with FIFPro asked the European Commission to investigate and to declare third-party ownership illegal.'
World governing body FIFA have already moved to ban the practice worldwide from May 1 this year.
However in Europe the Spanish and Portuguese leagues complained against that decision to the European Commission in February something which the move by UEFA and FIFPro is aimed against.
'Inherent in the practice of TPO is the desire and ability of so-called 'investors' to control and/or influence the transfer activity of players who are the subject of a TPO arrangement (including players who are not even aware that their 'economic rights' have been sold to a third party)' added UEFA.
'Third parties are driven by a simple motivation which is to maximize the 'return' on their 'stake' in individual players.
'UEFA and FIFPro consider that this is not in the best interests of players clubs or the game of football more generally.
'Players (including young and vulnerable players) can be exposed to the whims of third parties. In the meantime clubs can be driven into a vicious circle of debt and dependence.'
UEFA president Michel Platini is a vociferous opponent of TPO saying recently: 'I went on strike in 1972 for players to be free to belong to themselves.
'And today to see players who have one arm which belongs to one person a leg which belongs to an investment fund based I don't know where and a foot which belongs to a third person...I find that shameful' he said adding that it was a 'kind of slavery.'
Other European leagues such as those in England and France have already banned TPO for several years without waiting for FIFA to step in.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment