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European Commission upholds third-party ownership ban

European Commission upholds third-party ownership ban
From ESPN - October 13, 2017

BRUSSELS -- The European Commission will not investigate a complaint against the ban on third-party investors owning football players' transfer rights.

In a letter to Malta-based investment fund Doyen, officials say "the Commission does not intend to carry out a more in-depth inquiry into your allegations."

Doyen and Belgian lower-division club Seraing argued that FIFA's 2015 ban on third-party ownership (TPO) violated European competition laws.

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