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...
Edo Govt Suspends Bendel Insurance’ League Participation After...
Akinwunmi promises to restore Nigeria’s glory if elected...
Man City Overcome Bournemouth To Extend Home Winning...
Let Nigeria’s Football Experience Sanity In 2023 and...
Chukwueze And Aribo Ruled Out Of Nigeria Friendly...
Onuachu Ends Belgian League With 29 Goals

Minister urges Tanzania to shock Eagles
Nigerian duo win boxing gold medals at AYG
Super Eagles must win AFCON for World Cup miss — Joey Akan
Dikko confirms approval of Eagles, Falcons, D’Tigress rewards
UPDATED: Anthony Joshua floors Jake Paul in sixth-round knockout
Ariya Networks to broadcast AFCON in Nigeria
Ezekiel brace for historic Bowerman Award
Junior D’Tigress surge in FIBA rankings
Joshua battles Paul in Miami today
Amokachi demands urgent pitch upgrades across Nigeria
No script, Joshua will quickly knock Paul out - Hearn
Joshua doubles down on vulgar 'kill' comments to Paul
Rangers International going, going . . . (63,414 views)
Amaju Pinnick: A cat with nine lives (54,674 views)
Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,598 views)
Current issues in Nigerian sports: Matters arising (52,250 views)
Sports Development: Zenith Bank on the zenith (52,211 views)
Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,121 views)
Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (51,967 views)
NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,541 views)
Olopade, BET9A wave of revolution in NNL (50,699 views)
Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,240 views)
Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,635 views)
John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,109 views)