FIFA is set to make an announcement on Friday regarding third-party ownership, according to BBC Sport, with the governing body believed to be considering a ban on investment companies taking a stake in the economic rights of players.
- Brassell: Third-party ownership here to stay
Despite third-party ownership being banned under Premier League rules, it is common in much of Europe and South America, with clubs often relying heavily on outside investors to help them purchase players.
However, BBC Sport claims that FIFA's Players' Status Committee -- in charge of issues surrounding transfers -- voted in favour of recommending a ban on third-party ownership earlier this week.
FIFA also reportedly discussed the issue on Thursday at the first day of its autumn Executive Committee meeting in Zurich, Switzerland.
World football's governing body has looked into third-party ownership following pressure from UEFA, which is keen to bring in new rules to clamp down on it as early as next season.
European football's governing body is looking to introduce new legislation to tackle the issue among clubs competing in the Champions League and Europa League, according to the Guardian.
The paper reports that UEFA could impose transfer bans on sides breaching the legislation and exclude players from European competition squads under the proposed rules.
FIFA president Sepp Blatter first said seven years ago that action could be taken on the issue of third-party ownership.
Should FIFA introduce any new ruling against third-party ownership it would therefore supersede any other national league or confederation regulations.