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Doyen Sports Investments Says Not Giving In To Hackers Led To Leak

Doyen Sports Investments, one of the biggest firms in the now-banned football player futures market, said that "scores of sensitive documents were leaked online by hackers" because it did not give in to their unspecified demands, according to Tariq Panja of BLOOMBERG. The documents published on Football_Leaks.com "provide an unprecedented glimpse into a largely secretive practice in which investors loan money" to often cash-strapped football teams in return for a percentage of the fees they get when a player is traded to another team. Doyen Sports "has grown in recent years to become a major investor" in top football talent from Brazil to countries across Europe. Its other interests "include player management, consulting and investing in image rights of players." In a statement, Doyen Sports said, "Doyen Sports and its business partners have been subject to numerous attacks on their privacy by the 'Football Leaks' website." The statement said that the firm "had received demands from the authors of the Football Leaks website," whose identities are not publicly known, and has been subject to an increasing number of leaks because it "did not give in to the pressure and demands." Among the leaks "were Doyen’s accounts" for the second half of '11. They "revealed the company has been involved" in some of football’s richest trades and "turned a handsome profit" (BLOOMBERG, 11/25).

TWENTE CHAIRMAN RESIGNS: In a separate piece, Panja wrote Dutch Eredivisie side FC Twente said that it "is moving to terminate contracts" with Doyen after contracts it signed with the company were leaked onto the Internet. The leak "has already led to the resignation of Twente’s chairman." FC Twente "borrowed money from Doyen amid a financial crisis" at the football team, according to the leaked documents. The team agreed to take a €5M ($5.2M) loan and in return agreed that "the company could take a cut of its player transfer income." Details "leaked onto the website show Doyen would have a say over the team’s player trading policy," something that is banned by FIFA and the Dutch FA (KNVB). Doyen said in a statement that "all its contracts were legal" and followed football’s established regulations (BLOOMBERG, 11/26).

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