The Brussels’ Court of First Instance has rendered a decision regarding the use of surety agreements by Belgian football clubs in the view of securing their investments in youth training.
The need for clubs to secure investments in youth training
The importance of youth training for professional football clubs cannot be underestimated, both from a sporting and a financial point of view. Over the past decade, the amounts invested in youth training programs have been increasing significantly. These investments, however, are at risk in case trained talents sign their first professional contract with another club.
FIFA’s Regulations on training compensation[1] aim precisely at compensating clubs that have invested in the training of young players. Indeed, a certain amount is payable as training compensation by the new club to the former training clubs when a player signs his first professional contract and following each subsequent transfer until the end of the season of the player’s 23rd birthday.
The training compensation system, however, is not bulletproof: the...
Why not join us?
Football Legal is an independent media publishing football law contents on a daily basis dedicated to all football law practitioners (lawyers, clubs, federations, intermediaries, football stakeholders, etc.).
Register today and stay tuned to the latest legal news.
Get started