FIFA to Ban Third-party Ownership of Players
By Danielle Sharkey and Oliver Kichenside, of DLA Piper LLP
Following a meeting of the FIFA Executive Committee on 26 September 2014, FIFA President Sepp Blatter has confirmed that the controversial practice of third-party ownership of players will be banned in future.
Third-party ownership in the football industry is where a football club does not own 100% of the economic value of one of its players. There are various ways in which such an agreement can be constructed but, typical