Cybersecurity
Secretive Soccer Fund Says Not Giving in to Hackers Led to Leak
- ``We have nothing to hide,'' Doyen Sports says in statement
- Documents outline agreements over stars like Neymar and Falcao
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Doyen Sports Investments, one of the biggest firms in the now-banned soccer player futures market, says scores of sensitive documents were leaked online by hackers because it didn’t give in to their unspecified demands.
The documents published on Football_Leaks.com provide an unprecedented glimpse into a largely secretive practice in which investors loan money to often cash-strapped soccer teams in return for a percentage of the fees they get when a player is traded to another team. FIFA, the governing body for world soccer, banned investors last year from the $4 billion global player trading market amid complaints funds were exerting too much influence.