Tuesday, 30 October 2007

FIFA to Restrict Third-Party Ownership

FIFA President Sepp Blatter has outlined plans to restrict the third-party ownership of players, with the new rules to come into effect at the end of the year.

It was the recent case, involving the transfer of Carlos Tevez to West Ham and then subsequently to Manchester United that brought the issue to FIFA's attention. Blatter said:

"Identification of ownership of this club [Corinthians] and the transfer of money going from there to England is a matter which has already been dealt with partially.

"We have been presented with a new approach about how to try to solve this problem and it will be ratified to come into force at the end of the year."

Third-party ownership of players is common practise in many South American countries, specifically Brazil, so it will be interesting to see whether these new measures will have a profound effect on football in the region.

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