By Daily Sports on August 25, 2017
Footballers union FIFPro blasted "transfer market madness" on Thursday, claiming Neymar's world record €222 million move from Barcelona to PSG illustrated how the sport has become "the domain of a select group of rich, mostly European-based clubs".
"FIFPro is calling on the European Commission to investigate the flow of money via transfer fees within the EU territory to understand their impact on competitive balance in the region," said the union's general-secretary, Theo van Seggelen."
The world record transfer of Brazilian Neymar from Barcelona to Paris Saint-Germain is the latest example of how football is ever more the domain of a select group of rich, mostly European-based clubs.
"Neymar's move caused shockwaves in the transfer market with the effects still being felt.
Fifa said Thursday it was even investigating Neymar's complaint over an unpaid loyalty bonus from Barcelona.
Barcelona are refusing to pay a €26-million bonus to Neymar for signing a five-year contract renewal last year. The Catalan giants are seeking €8.5 million in compensation from Neymar for breach of contract following his transfer.
"FIFPro claims an inflated and distorted market, with escalating transfer fees at the heart of it, has helped to destroy competitive balance. The transfer rules governed by Fifa are anti-competitive, unjustified and illegal," added the players union.
"FIFPro’s legal complaint to the competition unit of the European Commission, lodged in late 2015, is designed to help rebalance football and bring an end to the transfer market madness, for the good of the game, all players, clubs and fans." © AFP
•Photo shows Theo van Seggelen.
Source Daily Sports
Posted August 25, 2017
You may also like...
Luka Modric faces perjury inquiry
CBN pledges continued support for tennis in Nigeria,...
Africa Cup postponed to 2022 due to COVID-19...
PSG President Cleared Of Corruption
Yusuf’s Move To Top Polish Club Excites Handball...
Rape: Las Vegas police demand Ronaldo’s DNA sample...

Eguavoen backs NPFL talents for Nigeria squad despite CHAN failure
He’s very strong, Simeone returns Osimhen praise
Joshua boxing return still uncertain
NBA star Bane eyes Nigeria switch
Palmer 'very, very happy' at Chelsea, says Rosenior
AFCON 2025: VAR recording discloses what referee said before Morocco's penalty miss against Senegal
AFCON 2025 highlights: World-class stadiums, VAR drama, record attendance
Oliseh slams Osimhen for costing Eagles’ AFCON trophy
3000 athletes, officials for Niger Delta Games in Edo
AFCON refs not up to standard – Henry
AFCON 2025: Akor Adams’ goal named among CAF’s top five
Joshua won’t want driver in jail – Uncle
Rangers International going, going . . . (63,491 views)
Amaju Pinnick: A cat with nine lives (54,785 views)
Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,681 views)
Current issues in Nigerian sports: Matters arising (52,344 views)
Sports Development: Zenith Bank on the zenith (52,275 views)
Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,185 views)
Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,050 views)
NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,606 views)
Olopade, BET9A wave of revolution in NNL (50,785 views)
Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,311 views)
Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,702 views)
John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,170 views)