FIFA fines Atletico Madrid over third-party ownership

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AFP Lausanne
Last Updated : Aug 17 2018 | 5:40 PM IST

Spanish club Atletico Madrid have been fined, FIFA said today, for signing a player to a contract that allowed third-party ownership, which is banned by world football's governing body.

Atletico, who beat Real Madrid to win the European Supercup on Wednesday, must pay 52,000 Swiss Francs (45,900 euros, $52,170) for "entering into a contract that enabled a third party to influence the club's independence in employment and transfer-related matters and entering incorrect information in the International Transfer Matching System," a FIFA statement said.

The player in question was not named.

FIFA's disciplinary committee also fined clubs in Qatar, Dubai and Iran for failing to obey its previous decisions as well as rulings by the Court of Arbitration for Sport to pay "significant overdue amounts of money to players."

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First Published: Aug 17 2018 | 5:40 PM IST

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