The CAS pronounced a very interesting arbitral award on 21 December 2015 regarding the validity of two TPO contracts signed between Sporting Club de Portugal (Sporting) and Doyen Sports Investments Ltd. (Doyen).

It is quite regrettable that the parties wish to keep this award confidential, all the more so considering that it is being circulated under the counter and that many sports law specialists have access to it.

Without breaching the confidentiality wished by the parties, the facts and legal grounds of the case may briefly be outlined knowing that they have lead the Panel to rule that these two contracts were not contrary to the different relevant legislations before FIFA banned TPO/TPI operations.

The facts of the case are the following.

At the end of the 2011/2012 season, Sporting approached Doyen in order to finance the acquisition of two players (Zakaria Labyad and...

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