Menu
Finance

European Football Clubs Fail To Comply With FIFA Compensation Rule, Report Claims

A report commissioned by the European Club Association revealed that European football clubs "are failing to pay as much as they should to compensate other teams for training players," according to Alex Duff of BLOOMBERG. The report said that as little as 1.5% of $5.1B in transfer fees "the last two seasons was paid out in so-called solidarity payments." FIFA requires buying clubs to pay 5% of transfer fees to the teams "that trained players between the ages of 12 and 23." The report said that there was a shortfall of $199M "in the last two seasons." Raffaele Poli, a researcher at the Int'l Center for Sports Studies in Neuchatel, Switzerland, said that clubs in South America and Africa "often fail to chase payments" they were not aware they were owed or which they did not have the resources to pursue (BLOOMBERG, 3/4).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/03/05/Finance/FIFA-compensation.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/03/05/Finance/FIFA-compensation.aspx

CLOSE