Page 1 of 1

Having other companies own the players

PostPosted: Sun Jun 26, 2011 2:43 pm
by Kukilon
Is it legal in the EPL to have other companies own the players? Somehow they did it with Tevez and Mascherano right?

This way one could set it up is just having all players owned by a separate company and if it just turns out bad one could just bankrupt that single company. Ofcourse some players and their agents would probably not be stupid and force some sort of guarantees. One could use this as a way out if the club was on it's way to go belly up or have been missmanaged earlier.

Sure it's whats wrong with the world today but is it that different then to what companies do when they start new untried projects?

PostPosted: Sun Jun 26, 2011 3:42 pm
by SouthCoastShankly
No it is not legal. In fact the Tevez and Mascherano scenario led the Premier League to impose sanctions on clubs who make use of players that they do not own the financial rights to. If a club does not want to "own" a player there is the loan market.

PostPosted: Sun Jun 26, 2011 7:21 pm
by ethanr
Ya that's in the Financial Fair play rules that players can't be owned by others and then lent to clubs, otherwise rich owners like Abromovich would start a private company, buy a whole lot of players and lend them all to chelsea.

PostPosted: Mon Jun 27, 2011 7:19 am
by The Good Yank
ethanr wrote:Ya that's in the Financial Fair play rules that players can't be owned by others and then lent to clubs, otherwise rich owners like Abromovich would start a private company, buy a whole lot of players and lend them all to chelsea.

LOL So it is allowed.