FIFA Announces Establishment of Clearing House

FIFA Announces Establishment of Clearing House

On 25 July 2019, FIFA officially announced that it wishes to modernise its transfer system, including the adoption of the brand-new FIFA Clearing house to ensure the payment of Solidarity Contribution and Training Compensation payments.

The FIFA Clearing House was first announced after the FIFA Council meeting held in Rwanda on 26 October 2018. The FIFA Clearing House “will act as an intermediary in these payments, receiving the complete amount from the engaging club and distributing this money to the training...

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