On 22 October 2022, the FIFA Council officially sanctioned the FIFA Clearing House Regulations, a pivotal moment in the realm of football finance. These regulations usher in a new era, and we aim to provide an insightful overview from the club’s standpoint almost one year after it has been established.
Understanding the FIFA Clearing House and its Establishment
The FIFA Clearing House is a distinct entity located in France, separate from FIFA. Its primary functions revolve around acting as an intermediary to streamline the payment of training rewards while ensuring compliance with international financial regulations. The primary objectives of the Clearing House include centralizing and automating payments between clubs, initially focusing on training rewards. This is a vital step in addressing the longstanding issue of unallocated training rewards, covering the vast gap between the estimated USD 400 million (approx. EUR 375 million) and the meager USD 70-80 million (approx. EUR 66-75...
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