NEWS
Sunday December 30 2012
Lo Monaco hits out at private ownership

Palermo sporting director Pietro Lo Monaco has agreed with comments made by Michel Platini and hit out at third-party ownership in football.

The UEFA President has claimed that the idea of players being owned by an outside investor should be banned.

And the 58-year-old Rosanero transfer wizard has taken sides with the former Juventus midfielder.

“On third-party ownership, Platini is absolutely right,” he told Tuttosport. “It is a depravity of the system.

“There has to be a law that does not allow this, but in South American countries a lot of players are owned by private groups.

“Players have to be owned solely by football clubs.” 

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