Belgian agent challenges Financial Fair Play rules

Updated: 07 May 2013 22:53 IST

Belgian agent Daniel Striani released a statement via his lawyer, Jean-Louis Dupont, in which he claims that the rules will lead to restrictions in terms of investment.

Brussels:

A football agent is challenging UEFA's financial fair play (FFP) rules at the European Commission because of the likely impact they will have on his income, AFP learnt on Tuesday.

Belgian agent Daniel Striani released a statement via his lawyer, Jean-Louis Dupont, in which he claims that the rules will lead to restrictions in terms of investment, will diminish the number of player transfers that take place and will also bring down the revenues of player agents.

"This rule also impacts upon the right to free movement of capital (of club owners), to free movement of workers (players and clubs) and to the free availability of services (player agents)," added the statement, seen by AFP.

Striani's representative Dupont rose to prominence as the lawyer who acted for Jean-Marc Bosman, who successfully challenged football's transfer rules at the European Court in 1995 on the basis of restraint of trade.

The Bosman ruling allowed players over the age of 24 to switch clubs without a transfer fee at the end of their contracts, and also ended national league limits on foreign players from other European Union countries.

Striani told Belgian newspaper Le Soir on Tuesday that "while the aim of financial fair play is without doubt commendable, it's effects are harmful. I can't see why salaries should be limited and why we would prevent investors from putting money into a club."

UEFA president Michel Platini wanted to introduce FFP as a way of forcing clubs to balance their books if they want to take part in the Champions League or Europa League.

These clubs cannot spend more money than they make, according to UEFA, European football's governing body.

"In other words, this rule prohibits the owner of a club from injecting his own funds into his own club in order to help it grow," explained Dupont.

UEFA have responded by saying that "the European Commission, the European parliament, the clubs, the leagues and the Players Union have all given their total support to financial fair play.

"UEFA believes that financial fair play is entirely in line with European law," they added in a statement.

Topics : Football Michel Platini Bayern Munchen
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