Bosman lawyer challenges UEFA ban on overspending

BRUSSELS Mon May 6, 2013 8:01pm IST

BRUSSELS (Reuters) - A lawyer involved in the landmark Bosman ruling 18 years ago lodged a European Commission complaint on Monday against UEFA rules aimed at limiting the spending of top clubs.

European soccer's ruling body UEFA will bring in Financial Fair Play (FFP) regulations next season to ensure clubs move towards break-even or face exclusion from continental competition.

Jean-Louis Dupont, representing Belgian player agent Daniel Striani, is challenging the break-even rule and believes it restricts competition.

"In effect a club owner is prohibited from overspending even if such overspending aims at growing the club," Dupont said in a statement.

He added the rule restricts investment, ensures the continued dominance of the leading clubs, reduces transfer activity and is likely to lead to a cut in player wages and the income of agents.

UEFA suspended Turkish team Besiktas from European competition a year ago over unpaid bills and announced in December the same punishment for Spanish side Malaga.

The European Commission confirmed it had received a complaint but declined to comment further. UEFA did not make any immediate comment.

Dupont said that even if the ban on overspending was justifiable, it would be illegal because UEFA could achieve its aims with a less restrictive measure.

He added UEFA could instead require that any spending beyond projected income be fully guaranteed for the duration of a season.

Dupont was part of the legal team that secured the Bosman ruling at the European Court of Justice in 1995.

The ruling ended national league limits on foreign European Union footballers and allowed players to move to other clubs without a transfer fee at the end of their contracts.

(Reporting by Philip Blenkinsop, editing by Tony Jimenez)

Cricket Tragedy

REUTERS SHOWCASE

Nifty Above 8,600

Nifty Above 8,600

Nifty hits record high above 8,600; state-run lenders gain  Full Article 

Bhopal Tragedy

Bhopal Tragedy

Bhopal's toxic legacy lives on, 30 years after industrial disaster  Full Article 

Essar Group

Essar Group

Exclusive - Essar's planned oil-for-steel deal tests Iran sanctions  Full Article 

Islamic Fund

Islamic Fund

India gets new Islamic equity fund but debt market still off-limits  Full Article 

Fiscal Deficit

Fiscal Deficit

April-October fiscal deficit nears 90 pct of full-year target  Full Article 

Oil Prices

Oil Prices

Oil hits new four-year low post OPEC as glut looms  Full Article 

Gold Imports

Gold Imports

Nov gold imports seen climbing on expectation of curbs   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage