FIFA fines Porto $50,000 for breaching transfer rules

By: The Associated Press Posted: 10:44 AM CST Tuesday, Feb. 19, 2019 Last Modified: 11:29 AM CST Tuesday, Feb. 19, 2019

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ZURICH - FIFA fined Portuguese league leader Porto 50,000 Swiss francs ($50,000) on Tuesday for allowing Malta-based investment fund Doyen to influence the club's transfers.

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ZURICH - FIFA fined Portuguese league leader Porto 50,000 Swiss francs ($50,000) on Tuesday for allowing Malta-based investment fund Doyen to influence the club's transfers.

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This article was published 19/02/2019 (2735 days ago), so information in it may no longer be current.

ZURICH – FIFA fined Portuguese league leader Porto 50,000 Swiss francs ($50,000) on Tuesday for allowing Malta-based investment fund Doyen to influence the club’s transfers.

FIFA’s disciplinary committee determined that Porto “entered into contracts that enabled the third party to have an influence on the club’s independence and policies in transfer related matters,” the governing body said in a statement.

FIFA named the third party as Doyen Sports Investments in response to questions from The Associated Press.

Porto coach Sergio Conceicao attends a press conference at the Olympic stadium in Rome, Monday, Feb. 11, 2019. AS Roma will face FC Porto in the UEFA Champions League round of 16, first leg soccer match Tuesday. (Maurizio Brambatti/ANSA via AP)

Porto was also found to have failed to provide correct data in FIFA’s Transfer Matching System.

Doyen has tried to challenge FIFA’s ban on third-party ownership of players. It was introduced in 2015 to protect the integrity of football to prevent investing forcing transfers to make a profit.

The third-party investment model was most popular with agents, investors and clubs in Latin America, Spain and Portugal. They argue it let clubs sign players who otherwise cost too much.