Dutch Soccer Players Launch Billion-Dollar Claim Against FIFA Over Transfer Rules
A Dutch soccer players' group is initiating a billion-dollar class action lawsuit against FIFA and other soccer associations, claiming restrictive transfer rules have caused financial losses exceeding billions of euros to approximately 100,000 European players. The case, filed under the Dutch Act on the Settlement of Mass Damages in Collective Action, seeks compensation and fairness for affected footballers.
A Dutch group of soccer players is gearing up for a potentially groundbreaking class action lawsuit against FIFA and several soccer associations worth billions of euros. The collective legal challenge stems from the alleged financial losses caused by restrictive transfer rules affecting 100,000 players across European member states and the UK since 2002.
The Dutch Foundation for Justice, spearheading the lawsuit, highlights that damages could stretch into billions, citing a report by consultancy firm Compass Lexecon. The Dutch Football Association has been mentioned among those potentially implicated in the impending legal action.
Lassana Diarra's case, a pivotal moment that involved a substantial fine imposed by FIFA, catalyzed the current proceedings. A recent European Union Court ruling around FIFA's transfer regulations further emboldens the lawsuit, aiming to establish fairness and justice for professional footballers.
(With inputs from agencies.)
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