December 11, 2024 21:38 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | INDIA bloc to knock on Supreme Court's doors over alleged EVM manipulation during Maharashtra polls | 'Babri Masjid should be rebuilt in Bengal's Murshidabad': TMC MLA Humayun Kabir sparks row | Rajnath Singh calls on Russian Prez Vladimir Putin in Moscow, discusses bilateral defence cooperation | Police to investigate conspiracy angle in Mumbai bus accident that killed 7 | Mamata Banerjee should lead INDIA bloc: Lalu Prasad Yadav | Opposition moves no-confidence motion against VP Jagdeep Dhankar in RS
Image: FIFA.com

FIFA welcomes CAS award recognising compatibility of TPO ban with EU law

| | Mar 12, 2017, at 01:53 am
Zurich, Mar 11 (IBNS): FIFA welcomed the award given on Thursday by the Court of Arbitration for Sport (CAS) in the case involving the Belgian club FC Seraing, who were sanctioned by the FIFA Disciplinary Committee (as confirmed by the FIFA Appeal Committee) for breaches relating to the third-party ownership of players’ economic rights (TPO) and third-party influence (articles 18ter and 18bis of the Regulations on the Status and Transfer of Players), an official release stated.

With this decision, which came after a thorough and comprehensive examination of the arguments raised and an analysis of all relevant legal provisions, mainly of EU law, and despite a slight reduction in the original transfer ban imposed from four to three registration periods, CAS has recognised and confirmed the validity of FIFA’s ban on TPO, which was adopted in order to preserve the independence of clubs and players in matters of recruitment and transfer, and to ensure the integrity of matches and competitions.

"Following the decisions in interim relief proceedings before the Brussels first-instance tribunal and the Brussels Court of Appeal, which held that there was no prima facie case to adjudge the TPO ban illegal, CAS award is the first decision that unreservedly recognises the compatibility of the ban on TPO with EU law," the release stated.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.