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Out: World soccer's financing secrets

FIFA, last year banned investors from buying stakes in future trading rights of players, the biggest part of Doyen's business


Leaked documents from one of the biggest firms investing millions in soccer-player futures are providing a glimpse into a secretive - and now banned - financing practice for the global sport. Invisible to even the most avid soccer fans, Doyen Sports Investments and other companies like it have become a critical source of financing for often cash-strapped soccer clubs. These investors pay teams for trading rights to select players, betting that the player's trade value will rise. If that happens, Doyen realizes a profit when the player moves from one team to the next. A spokesman for the ...

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First Published: Wed, November 25 2015. 00:28 IST