U.K. Soccer Chief Battles for World Ban on Tevez-Type Transfers
This article is for subscribers only.
Premier League head Richard Scudamore wants the world soccer to follow his lead by banning investment funds from buying shares in players, a $3 billion-a-year market. His opponents say the plan won’t work.
The world’s richest soccer league was roiled in 2006 when London’s West Ham United signed Carlos Tevez and Javier Mascherano, two Argentines whose transfer rights were wholly owned by funds. The deal led to lawsuits, fines and a controversy that still rages.