📌Can Professional Footballers Own or Invest in Football Clubs?
The increasing involvement of professional footballers in club ownership raises significant legal questions. While players can invest in clubs, strict regulations are in place to prevent conflicts of interest and protect the integrity of the sport.
📍FIFA and UEFA set clear guidelines, especially regarding conflicts in competitions. For example, UEFA's Article 5 prohibits players or entities from having a "decisive influence" over more than one club competing in the same competition, such as the Champions League. This is to avoid any potential manipulation or unfair advantages.
Similarly, domestic leagues like the English Premier League impose ownership tests to ensure that players’ investments do not create conflicts. Players investing in clubs within their own leagues must declare such interests, and regulatory bodies scrutinize these arrangements closely.
However, there are notable examples where active players have found ways to invest without breaching these rules:
1.Gerard Piqué – Invested in FC Andorra through his company Kosmos Holding while playing for FC Barcelona. Since FC Andorra competes in a lower division, this didn’t conflict with La Liga or UEFA regulations.
2.Zlatan Ibrahimović – Acquired shares in Hammarby IF, a Swedish club, while still an active player at AC Milan. This raised concerns due to FIFA regulations, but he maintained his investment.
3.Keisuke Honda – Purchased SV Horn, an Austrian second-division club, while still playing professionally. His involvement didn’t pose a conflict with top-tier leagues or FIFA.
4.Didier Drogba – Co-owned Phoenix Rising FC in the USL while playing in the United States. Since the team competed in a lower league, it avoided regulatory scrutiny
Furthermore there are precedents of former players transitioning into ownership roles post-retirement, like David Beckham (Inter Miami) and Ronaldo (Real Valladolid), which carry fewer conflict risks.
📍Overall, while ownership is possible, professional footballers must navigate complex regulations to ensure compliance. Legal advice is essential for safeguarding both the player’s and the sport’s integrity.
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8moExcellent case study Professor. I hope your students enjoyed the experience.