Key legal question
Whether the TAS had jurisdiction over the club's claims under the CHL agreement.
Extracted holding
The CHL agreement did not extend the arbitration clause to the respondent; TAS lacked jurisdiction.
Extracted reasoning
The agreement did not establish an enforceable direct claim for the eligible clubs. Its wording and circumstances did not show a true contract for the benefit of third parties under Art. 112(2) OR, and no subjective or objective consensus supported such a right.