Tag Archive for Tag: TPO

Tag: TPO Third-party ownership in the football industry

Third-party ownership (TPO) of football players (Chadwick & Hamil, 2009; Reck & Geey, 2011; Robatinho, 2014) is an emerging phenomenon in the international football industry (Baroncelli, 2004; Dobson, Goddard, 2001; Kesenne, 2007); it is recognised in different ways depending on the perspective adopted by the parties involved in its utilisation. First of all, TPO in the football industry can be observed as a financial instrument through which third parties – such as investment funds, public agents or private investors – acquire a share of a footballer’s rights. This instrument helps clubs in the acquisition of young footballers and guarantees economic earnings to third parties. In other words, TPO of footballers (Capasso and Rossi, 2013) is a useful instrument to reduce the financial requirements of football clubs in the acquisition of professional football players’ rights, though there is no common regulation among countries and federations at the international level. Thus, TPO

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