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Europe Daily Bulletin No. 8243

28 June 2002
Contents Publication in full By article 14 / 40
GENERAL NEWS / (eu) eu/competition
Commission closes investigation into UEFA rule on multiple ownership of football clubs

Brussels, 27/06/2002 (Agence Europe) - The European Commission has closed an investigation into the UEFA multi- ownership rule according to which a company or individual cannot directly or indirectly control more than one of the clubs participating in a UEFA club competition. The investigation had been triggered by a formal complaint lodged by ENIC Plc, an investment company with stakes in 6 clubs. ENIC believed that the "Integrity of the UEFA Club competitions: Independence of clubs"...

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