Business Law

Blog tagged as Business Law

Professional athlete: the early termination clause of a fixed-term contract is prohibited
The Supreme Court has just recalled, in a ruling dated February 4 2015 (c Gunn / Poitiers Basket 86, 13-26.172 No), the prohibition of termination clauses in the contracts of fixed-term work of professional sportsmen.
Proposed new Act notably to preserve the ethics of sport
A bill aimed at preserving the ethics of sport, strengthening the regulation and transparency of professional sport and improving the competitiveness of clubs has just been tabled in the Senate on September 12, 2016 (report of April 19, 2016 by the Great Professional Sport Conference)
differing view of the European Commission regarding state aid
On July 4, 2016, the European Commission issued two different opinions. On the one hand, it validates state aid from several cities to Dutch clubs. On the other hand, the public aid granted by Spain to professional football clubs confers an undue advantage over other clubs.
Football: Fifa sanctioned several clubs for non-compliance with the prohibition of TPO
Fifa indicated, on March 29, 2016, that its Disciplinary Commission imposed a sanction on four clubs (Santos, Sevilla, Sint-Truiden and Twente) for "infringement of the rules of influence by third parties and / or property economic rights of players by third parties ".
Soon a legal status for eSports in France
As part of the Bill for a Digital Republic, Messrs Durain (senator Saône-et-Loire) and Salles (deputy Alpes Maritimes) submitted on March 24, 2016 a progress report on their mission on the competitive practice of video games (eSport) to the Secretary of State for Digital.
Basketball: Euroleague seizes European Commission against Fiba
Fiba announced on February 19, 2016 that the Euroleague has filed a complaint with the European Commission against Fiba and Fiba Europe for violation of European Union competition law.
Belgian justice suspends the exclusivity clause of the Fédération Équestre Internationale for infringement of competition law
The Brussels Court of Appeal confirmed on October 22, 2015 the decision of the Belgian competition authority of July 27, 2015, thus authorizing the Global Champions Tour to launch its Global Champions League in 2016, despite the exclusivity clause of the International Equestrian Federation (FEI).
VAT and ticket sports events
The 2015 Finance Law replaced the tax on shows with a VAT rate of 5,5% for the ticketing of sporting events. The Official Bulletin of Public Finances-Taxes of March 4, 2015 specifies the mechanism.
tax Buffet
The amendment proposed in October 2011 by deputies aiming to create a tax on player transfers, has brought back to light the so-called "Buffet tax", named after the former Minister of Sports at the origin of this contribution.
Société Anonyme Sportive Professional (SASP)
When a sports association reaches a revenue threshold of 1,2 million euros or an amount of remunerations paid in excess of 800000 euros, it must constitute a sports company. SASP is one of three possible options, along with SAOS and SEMS.