FIFA’s clearing house: the future of solidarity mechanism & training compensation
On 25 July 2019, FIFA announced1 the opening of the tender process for the establishment and operation of the new clearing house, a central element of the reform package of the transfer system endorsed by the Football Stakeholders Committee in September last year2 (and subsequently approved by the FIFA Council on 26 October 2018). For an overview of the reform package as a whole, please see this LawInSport article3.
The ultimate aim of the clearing house is to centralise ALL payments associated with football transfers (including agents’ commissions), but in a first phase it will be reduced to the calculation and automatic distribution to the training clubs of the amounts due as solidarity contribution and training compensation.4
While the request for proposals is essentially addressed to companies wishing to participate in the tender process5, the document allows us to know what the future clearing house will look like and, most importantly, how the training reward mechanisms provided for in the RSTP will work after its creation. This article provides and overview of its main characteristics.
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- Tags: Agents | European Club Association (ECA) | European Football Agents Association (EFAA) | FIFA | FIFA Council | FIFA Football Stakeholders Committee | FIFA Regulations on the Status and Transfer of Players | FIFA Transfer Matching System | FIFPro | Football | Intermediaries | Transfers | World Leagues Forum
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About the Author
Toni is a sports lawyer and partner at Corner Abogado, Palma de Mallorca (Spain). He advises clubs, agents, sportsmen and federations on matters including transfer and contracting of players, dispute resolution before national and international bodies (FIFA, CAS); sponsorship and image rights and disciplinary proceedings.
He is also Chief Executive Officer at Football Transfer Watch, Palma de Mallorca (Spain), who specialise in efficient player transfer monitoring and end-to-end claim management solutions for football clubs around the world.
- Degree in Law by the University of the Balearic Islands.
- Master in Sports Law.
- Master in Tax Law.
- Master in Labour Law.
- Member of the Madrid Bar Association
- Member of the Spanish Sports Law Association.
- Member of the Esports Bar Association.
- Professor of the LLM Master in International Sports Law at ISDE.
- Professor of the Master in Sports Management and Legal Skill with FC Barcelona.
- Member of different Disciplinary Committees in Olympic Federations.
Languages: Spanish, Catalan, English and German.