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The Preamble of the Statutes of the French Employers' Union of Professional Football Clubs (Union Patronale des Clubs Professionnels de Football (UCPF)) states that the Union is a professional trade union (syndicat) in accordance with the provisions of the Labour Act.
In order to realize this purpose, the UCPF may notably take every action to protect professional footballers' interests against all syndicats representing the management of professional clubs and may accede to and/or cooperate with any employers' organization, either national or international (Art.
The French and Italian clubs - the Union des Clubs Professionnels de Football (UCPF) and the clubs in the Federazione Italiana Giuoco Calcio (FIGC) - are expected to be joined shortly by the clubs from the German Bundesliga, Spain's Primera Liga and England's Premiership.
They are generally not willing to risk their capital amount but at the same time want to participate in the upside of the equity markets; UCPF provides an effective mechanism to do that.
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