A welcome development... 
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Fifa has agreed to ban the third-party ownership (TPO) of players.
Already banned in Britain, TPO is common in Europe and South America, where investment companies take a stake in the economic rights of players.
Fifa president Sepp Blatter said there will be a "transitional period" before the ban comes into effect.
Manchester City's £32m purchase of Eliaquim Mangala from Porto was one of four major deals that went through in England this past summer involving TPO.
English clubs who wish to buy players co-owned by an investor and a team are already required to buy out the contract rights from all parties retaining a financial interest.
Fifa says TPO threatens the integrity of the sport and creates conflicts of interest.
Read more >> http://www.bbc.com/sport/0/football/29373456
_________
Fifa has agreed to ban the third-party ownership (TPO) of players.
Already banned in Britain, TPO is common in Europe and South America, where investment companies take a stake in the economic rights of players.
Fifa president Sepp Blatter said there will be a "transitional period" before the ban comes into effect.
Manchester City's £32m purchase of Eliaquim Mangala from Porto was one of four major deals that went through in England this past summer involving TPO.
English clubs who wish to buy players co-owned by an investor and a team are already required to buy out the contract rights from all parties retaining a financial interest.
Fifa says TPO threatens the integrity of the sport and creates conflicts of interest.
Read more >> http://www.bbc.com/sport/0/football/29373456
