Abstract
This paper seeks to assess the implications of the 1995 Judgement of the European Court of Justice on the case of Jean‐Marc Bosman for the operation of football transfer markets. Although it is inevitable that many more out‐of‐contract footballers will be able to move between dubs without payment of transfer fees to the selling club, it is argued that there remains a role for transfer markets in professional football, with compensation to selling clubs for training, development and replacement of players.

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