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Argentina To Ban Third-Party Ownership Following Ruling By Country's Tax Man

Argentina's Federal Administration of Public Revenue (AFIP) has passed a resolution under which "only clubs or players will be able to receive economic rights in transfers," according to DYN. According to the AFIP's Resolution 3740, published on Friday, "contracts signed starting May 1 will be able to grant economic rights only to a football club or the involved professional football player." This means "third parties will not be able to participate in negotiations, partially or totally, of the value of a future trade of a player." The measure mandated by FIFA aims to "prevent economic rights from being in the hands of football's 'business men.'" Under the new rule, "companies or investment groups whose presence has grown exponentially in Argentine football in recent years will not be able to participate" in the transfers of footballers. The resolution was signed by AFIP Head Ricardo Echegaray (DYN, 2/20). LA NACION reported the AFIP "has been trying to untangle the mess of business and negotiations in football for many years." Specifically, "the black hole of player trades, as many tend to belong to indecipherable economic groups." In recent years, "the percentage of a player's value was divided among several owners of questionable origin." FIFA passed this regulation in December. The AFIP "took advantage of this situation and re-validated this news, as it became, as a country's public administrator, one of the first to join FIFA's cause" (LA NACION, 2/21).

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