FIFA to ban third-party ownership of players

Fri Sep 26, 2014 5:38pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

By Brian Homewood

ZURICH (Reuters) - Soccer's governing body FIFA has agreed to ban the third-party ownership (TPO) of players, its president Sepp Blatter said on Friday, seven years after first promising to outlaw the practice.

Blatter said a working group would be set up to implement the ban which would come into effect following "a transitional period".

"We took a firm decision that TPO should be banned but it cannot be banned immediately there will be a transitional period," Blatter told a news conference following a meeting of the executive committee.

The World Players Association FIFPro said they were "delighted" with the decision but were still waiting for details of its implementation.

Blatter's announcement followed pressure from European soccer's governing body UEFA, which had said it would ban TPO unilaterally if FIFA did not act.

TPO is when the transfer rights of players are wholly or partially owned by the footballer himself or a company, instead of just the player's club.

It is widespread in Brazil and Argentina, and is also present in some European countries such as Portugal, but banned in others including England, France and Poland.

FIFA secretary general Jerome Valcke said the working group would decide how long the transitional period would be and would submit a proposal to the next executive committee meeting in December.   Continued...

Fifa president Sepp Blatter takes his seat before the 2014 World Cup Group H soccer match between Belgium and Russia at the Maracana stadium in Rio de Janeiro June 22, 2014. REUTERS/Ricardo Moraes