SebastianBlue
President, International Julian Alvarez Fan Club
- Joined
- 25 Jul 2009
- Messages
- 57,736
Yes, as it is considered a major financial transaction and potentially affecting club valuation. Not disclosing, even for a short period of time, is an ethical and trading violation. It also allows for possible insider trading/manipulation, though, it's not as impactful with public clubs versus "normal" companies, of course.Is there some weird shareholder thing that some club have to announce to shareholders or a stock market Type procedure when they sell a player owned by three parties?