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Dinamo Moscow FC signs cooperation memorandum with agent Jorge Mendes

April 11, 2016, 17:12 UTC+3 MOSCOW

Dinamo Moscow FC was suspended from the Europa League’s 2015/2016 season over violations of UEFA’s financial fair-play regulations

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© Sergei Savostianov/TASS, archive

MOSCOW, April 11. /TASS/. Russia’s Dinamo Moscow FC, suspended last June from the Europa League’s 2015/2016 season over violations of UEFA’s financial fair-play regulations, signed a memorandum of cooperation with one of world’s top football agents Jorge Mendes, a spokesman for Dinamo FC told TASS on Monday.

"Yes, Dinamo signed a memorandum of cooperation with [Jorge] Mendes," Konstantin Alekseyev said in an interview with TASS. "The details will be announced later."

Mendes, 49, is one of the world’s most influential football agents, often referred to in media as "super-agent." He started his career of a football agent in 1996 after opening GestiFute company and is registered with the Portuguese Football Federation.

The Portuguese agent jumpstarted his career brokering transfer deals involving Ricardo Quaresma, Cristiano Ronaldo and Luis Figo. In 2004 Mendes signed a deal with coach Jose Mourinho and brokered his move from FC Porto to manage Chelsea FC.

The database of Mendes’ clients currently lists over 200 players, including Fabio Coentrao, Pepe, Joao Moutinho, Nani, Angel Di Maria, Radamel Falcao, Burak Yilmaz and Victor Valdes.

Last year in mid-June, UEFA announced that Dinamo would be excluded from participating in the next UEFA club competition, because the Moscow-based football club failed to comply with the break-even requirement set out by the European organization’s regulations on fair-play principles.

The principle of financial fair play was approved by UEFA Executive Committee in September of 2009 and came into force in 2011. Since then each club participating in UEFA competitions must prove it has no overdue liabilities to other football clubs and its players or tax arrears as well. A football club must also prove that it did not spent more than it earned.

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