September 5 – A diverse group of stakeholders set up under the auspices of FIFA to get to grips with third-party ownership of players’ economic rights met for the first time this week with a view to coming up with concrete proposals later this month.
The meeting was chaired by former English FA chairman Geoff Thompson (pictured), chairman of FIFA’s Dispute Resolution Chamber and a member of the FIFA Players’ Status Committee, and attended by a raft of officials at confederation, member association, league and club level as well as by representatives of FIFPro, the international players’ union.
Representatives from Brazil and Portugal – two countries where TPO is common practice – and England, where it is banned, explained the different approaches regarding investment in players’ economic rights.
There was general consensus that the current TPO situation needed to be reviewed since it continues to cause widespread disruption throughout the game. FIFA admit, however, that more information is needed in countries where companies receive a share of transfer values.
“Gaining a thorough understanding of this form of investment in the football market has been challenging due to the limited economic data available and the varied global relevance of TPO,” a statement said. “FIFA remains fully committed to reaching a solution that best protects football.”
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