UEFA wants it banned, FIFA wants to get rid of it, while the governing bodies of English and French football have already outlawed it, but third-party ownership remains very prominent within the modern game and the transfer of Radamel Falcao to Monaco has brought the practice into focus once more.
Falcao’s switch from Atletico Madrid in the summer became something of an inevitability given the Colombian striker’s status as a player part-owned by one of the many investment companies that have made it their business to buy up large stakes in players at a young age in order to make a profit in the longer term.
It is an operation which has seen clubs take on talents they cannot afford, only to then find themselves having little or no say in the eventual sale. The Doyen Sports group, an international hedge fund, has been reported to have held a major stake in the striker, although Atleti has also claimed that it owned 100 percent of his economic rights during his stay in Madrid. Falcao is listed on Doyen's official website but there is no explanation as to whether the player is simply represented by the group or whether the team has had a financial interest in his registration in the past. When asked to comment by Goal, Doyen declined to respond.
Falcao's former club Porto’s recorded accounts show charges relating to the player during the year 2010-11 cost the club around 20 million euros, with much of this being accounted for in the club’s statements as “intermediation services”.
|DOYEN'S PLAYER POOL |