“There is around $300 Million that has somehow not been made to clubs that trained young palyers”
FIFA official in charge of transfer systems, Kimberly Morris has lamented to Football actors on Friday in a FIFA Law Review 2 days seminar that ended on Friday in Zurich Switzerland.
Recent studies by FIFA have proved that, Football clubs around the world especially African and Latin American clubs lose Transfers compensation in excess of $300 Million for training young players who go on to enjoy a successful career without their formation clubs benefiting.
Everything being equal, FIFA rules allow clubs where players began their Football journey to receive a percentage of the players transfer fees Everytime the player is transferred International. Unfortunately most of the smaller clubs where these players began their journey don’t keep the players data talkless of understanding how to go about getting these benefits.
FIFA’s head of professional Football,Giancarlo Dapoto said the expected amount does get to the smaller partly because agents’ fees that trims the money along the line.
Dapoto also revealed that in 2018 only, Football agents around the World benefited, $548 million as commission from international transfers, compared to $90 million to clubs in training compensation, he said.
“There are issues with the current system that needs to be renewed to find a simpler framework and ensure the mechanism is effective,”
“We know the system is too complicated, we know there is a poor record of the history of many players.”
Frank Happi,the head of League one and Two clubs in Cameroon,Frank Happi told the conference that payments could often take years.
“Procedures are too long and there is no penalty when payment is late,” “We can wait two years to receive 5,000 euros.” Franck Happi revealed on Friday.
FIFA is currently working on wide-ranging reforms to the transfer system with aims to training compensation and solidarity payments.
The policy-making FIFA Council has already approved the creation of a clearing house to process international transfers.
FIFA has revealed this will centralise and simplify the payments associated with transfers such as solidarity, training compensation, agents’ commissions.
Clubs in Cameroon have always been at tug of war over such benefits,the case of Raja Casablanca’s defender;Ngah Fabrice,UMS of Loum and Jeunesse De Ngoulemekong which has been on for over a year now is one of many cases in Africa and Latin America.
Angu Lesley
@angulesley on Twitter
