Instead of broker business, the company also involved in third-party ownership in association football.

Joorabchian subsequently claimed that many Premier League players and teams conceal their third-party ownership of players.

The Premier League took steps to outlaw third-party ownership in 2008.

One area of concern for English clubs is the practice of third-party ownership.

This eventually resulted in West Ham United being fined over issues regarding third-party ownership.

This type of deal differs from third-party ownership, in that in the latter, the player's contract is owned by a non-footballing entity, such as a management company.

Netgear remained a wholly owned subsidiary of Nortel until March 2000, when it began transitioning to third-party ownership.

Joorabchian is also involved in the 'third-party' ownership of players, describing himself as an investment manager.

Unlike Serie A and Premier League, third-party ownership is allowed in Portugal.

Will the Football Association find Rangers guilty of third-party ownership?