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SBD Global/June 4, 2014/Finance

Spanish Football Federation Wants To Prohibit Clubs From Contracting Investor-Owned Players

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Spanish Football Federation (RFEF) President Angel María Villar is looking "to prohibit clubs from working with players partially owned by third-party investors," according to Llorens & Jiménez of AS. Villar "has wanted to implement this change for some time." Throughout April, an RFEF Delegate Committee composed of 12 members -- four federation presidents, four representing the clubs and the rest representing players, referees and coaches -- held meetings, "eventually voting in favor of Villar's idea." Villar's proposal "would make life difficult both for clubs that currently have players who are the property of investors and also for clubs looking to sign such players." Spanish Football League (LFP) President Javier Tebas "favors such investors in Spanish football because he believes the league needs this source of financing." Tebas said in December of third-party investors, "It will allow us to decrease and manage our debt, which will help us become more competitive at the club level. If people are willing to decrease our debt, they are welcome" (AS, 6/3).
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