How an agent and Chinese tycoon trade in players

Players are bought and sold by clubs.

The documents seen by Reuters show Mendes’ third-party ownership went much further than previously thought. His agency came to hold stakes in more than 50 top players by late 2015, according to a signed contract between Fosun and Gestifute.

There was nothing to prevent Fosun from buying a football club, which could freely own players’ economic rights without Fosun breaching the ban on third-party ownership.

Still, Fosun remained keen to work with Mendes.

Fosun toyed with buying another Portuguese club and an English club, emails show.

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Article source: http://www.dailystar.com.lb/Business/International/2019/Jan-04/473227-how-an-agent-and-chinese-tycoon-trade-in-players.ashx