Browse our collection of papers in
Football Industry

C/L/137. Football Contracts ? Irreconcilable with Standard Contract Principles:

WORDS:

2100

DATE:

2007

PRICE:

29.99 GBP

The key factor that an agent holds is that the agent is to act within line of the Principal's interests, however there is no rule that stops an agent under standard contract law to work for both parties in the contract. If the agent is working on the behalf of both parties then the agent must successfully balance the needs of both parties, which will bring out the greatest financial benefit to the agent. However under standard contract law if the agent failed to act within the requests of either principal then the agent is liable to indemnify any losses that occur due to unauthorized actions. The new rules that FIFA and the FA have brought into force, which falls in line with EU law limits the abilities of the agent therefore this discussion is going to focus on how football contracts are irreconcilable standard contract law and agency. It will argue that the new regulations are creating an independent version of employment contracts for sports players and protection from improper agents.

KEYWORDS: l, football, contracts, irreconcilable, standard, contract, principles,