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The economic collapse of football clubs occurs time and again. Some clubs manage to save themselves by means of financial restructuring measures, others are dissolved and disappear from the scene, and still others resurrect as new clubs, often with colours, crest and a name that are very similar to the dissolved club - so-called "sporting successors". Financial claim proceedings against insolvent football clubs and sporting successors before the bodies of FIFA and the Court of Arbitration for Sport (CAS) raise various complex legal issues. Recently adopted FIFA regulations address some of these issues, others have been answered by the case law of FIFA and CAS. This book provides legal practitioners with a conclusive overview of the current legal situation concerning financial claim proceedings against insolvent football clubs and sporting successors before FIFA and CAS.
Summary
The economic collapse of football clubs occurs time and again. Some clubs manage to save themselves by means of financial restructuring measures, others are dissolved and disappear from the scene, and still others resurrect as new clubs, often with colours, crest and a name that are very similar to the dissolved club – so-called “sporting successors”. Financial claim proceedings against insolvent football clubs and sporting successors before the bodies of FIFA and the Court of Arbitration for Sport (CAS) raise various complex legal issues. Recently adopted FIFA regulations address some of these issues, others have been answered by the case law of FIFA and CAS. This book provides legal practitioners with a conclusive overview of the current legal situation concerning financial claim proceedings against insolvent football clubs and sporting successors before FIFA and CAS.
