Earlier this year Football’s World governing body, FIFA, published its Regulations on Working with Intermediaries1. The FIFA Regulations signal a dramatic de-regulation of one of the most controversial and lucrative business activities in football: agency.
18 November 2014 – The International Council of Arbitration for Sport (ICAS) today announces the appointment of new council members for its next four-year term, beginning on 1 January 2015. The elections took place at the 42nd ICAS Meeting, held on 13 November 2014 in Lausanne, Switzerland.
As we approach the final race of a turbulent Formula 1® season, this article explores recent off-track events in Formula 1 and in particular the fall of Caterham and Marussia into administration. The article reviews the relevant insolvency law and attempts to explain how the teams came to enter administration and the effect of administration on their stakeholders. It also explores how suppliers to Formula 1® teams may protect themselves.
In terms of sports governance, the 13 November 2014 was certainly a day to remember. The media became ablaze with widespread condemnation by various stakeholders in sport of FIFA’s Summary1 (references to specific paragraphs in brackets) of the report of the enquiry into the 2018/2022 FIFA World Cup Bidding Process prepared by the Investigatory Chamber of the FIFA Ethics Committee (‘FEC’), led by the Investigatory Chamber’s Chairman Michael J. Garcia.