In the football world, the expression third party ownership means the ownership of a player's “economic rights” by third-party sources, such as football agents, sports-management agencies, or other investors.
The involvement of investors in the “ownership” of players is becoming a common practice in football, particularly in South America. Businessmen or other investors buy shares in the so-called economic rights of young players and often cover the costs of their training and accommodation. In return they are entitled to a percentage of a player's future transfer fee.
Actually, such practice has been in use for many years in South America, but it became highly controversial in Europe, and especially in England,...
Why not join us?
Football Legal is an independent media publishing football law contents on a daily basis dedicated to all football law practitioners (lawyers, clubs, federations, intermediaries, football stakeholders, etc.).
Register today and stay tuned to the latest legal news.
Get started