After a landmark court decision for the soccer transfer market, FIFA said Monday it will now invite “key stakeholders” worldwide for talks about updating rules put in question by former France international Lassana Diarra.
Lassana Diarra - The Canadian PressZURICH —
While some analysts speculate that the entire global transfer market, worth more than $10 billion each year, could be upended, FIFA believes its consultations can focus more narrowly on player-club disputes where contracts are allegedly broken without just cause. "Together with them, FIFA will determine what conclusions must be drawn from the Diarra decision, and which changes are most appropriate and suitable to make to article 17 of the ,” the governing body's chief legal officer Emilio García said in a statement.
FIFA and then the Court of Arbitration for Sport found the Russian club terminated the contract “with just cause” and ordered the player to pay 10.5 million euros . Diarra argued his search for a new club was affected by FIFA rules, making his next employer jointly responsible for paying compensation to Lokomotiv.
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