Eredivisie football club FC Twente has been fined €170,000 by world football body Fifa for its agreement with investment company Doyen.

Twente has already been banned from European football for three years by the Dutch football association KNVB and fined €45,250 because of the transfer deal.

In 2014 Doyen agreed to put €5m into the club in return for a percentage of the transfer fee for seven players. However, leaked documents show the deal gives Doyen considerable say over Twente’s transfer policy, which the club has always denied and which is banned by the KNVB.

‘The club was found to be liable for entering into contracts that enabled a third party to influence the club in employment and transfer-related matters, failing to upload a TPO agreement into the library in TMS, breaching confidentiality rules and failing to declare mandatory information in ITMS,’ Fifa’s disciplinary committee said in a statement.

Twente is one of 10 of the Netherlands’ 35 professional football clubs under special football association supervision because its finances are in such a poor state.