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EC wants bigger role in football transfers

Wed 19th Jan 2011 | Football Governance

The European Commission (EC) could intervene to strengthen the rules surrounding football transfers and the roles of agents, according to a new paper published on Tuesday.

The EC paper, Developing the European Dimension in Sport, covered a range of subjects including an endorsement of UEFA’s Financial Fair Play regulations. The EC has revealed it will organise a conference in the coming months to explore how it could link up with sporting bodies, players and agents to improve the situation with regard to the activities of sports agents.

According to The Guardian newspaper, the EC stated: Transfers of players regularly come to public attention because of concerns about the legality of the acts and about transparency of financial flows involved. The commission considers that the time has come for an overall evaluation of transfer rules for professional sport in Europe.

UEFA president Michael Platini added: The commission recognises the need to put football's finances in order, something that the UEFA Financial Fair Play regulations will help to do. Financial stability has to be combined with legal stability, one of the remaining crucial issues for us. We also need urgent action on a topic close to my heart, the fight against match fixing.

 

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