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Player transfers: FIFA changes everything!

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Every year 18,000 footballers change the uniform they wear and play for another team. Only a small fraction ever reaches the major news sections. Contrary to what most people think, a transfer is not just a matter of agreement between two clubs and satisfaction of the demands of the players themselves. There are plenty of other underlying issues that have caused many problems in the past. It is exactly these issues that FIFA wants to resolve through the creation of the Clearing House. Issues that are not usually included in the training sessions where people learn about the sports betting basics.

The need for the institution

In 2015 the European Union issued the Payment Services Directive 2 (PSD2) regulating how people should be paid. The guide instigated a suggestion for the creation of a mechanism to intercede and streamline the reception of the appropriate funds by all the interested parties, after a transfer has been completed. The suggestion was accepted by the Council and the procedure was set in motion to form the FIFA Clearance House.

The primary objectives of this institution will be the collection and distribution of the amounts due for the Solidary Contributions and the Training Compensation programs. It’s actually the primary reason for the inception as, according to the relevant calculations, over 400 million US dollars should be distributed every year to various beneficiary clubs. Instead, only 70 – 80 million actually do.

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The last mile is almost covered.

The new body will be independent of other authorities and will have France as its headquarters. On Friday Sep 23, the appropriate authority (Autorité de contrôle prudentiel et de résolution, ACPR) granted FCH a license as a payment handling institution. Under this license they will be able to collect 5% from the final amount agreed upon for a transfer of a player from one club to another, and then distribute it to the beneficiary teams.

A distinguishing feature will be that the clearing house will not wait for petitions, claims or applications from the clubs, in order to determine if they should receive money or not. It will be in its duties to track all transfers and find which side is entitled to compensation.

Training Compensations & Solidarity Contributions

This is a concept that is better understood through an example. When CR7 was transferred from the Red Devils to the Merengues, the price for it was 100 million Euros. 5% of that amount went to Sporting Lisbon as the academy where CR7 learned the secrets of the sport. In most contracts, this compensation is included in the terms and therefore should be trackable by FCH. This amount refers to players signing their first contract or receiving an international transfer before the age of 23.

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The solidarity contributions are applicable when a player is transferred before the end of their contract with the club they are departing from. In this case, any team where the player received education and training is eligible for a percentage of the total amount for the transfer. Again, the rule pertains to international transfers. FIFA cannot enforce it on local leagues as they are subject to the country’s legislation.

The whole point of the exercise is to make sure that clubs are not cheated out of money that they are entitled to while seeing to it that some of the smaller teams receive funding to cover expenses. It’s all included in the concept of fair play that the football ruling body wants to enforce. Fairness is, anyway, the major concept that is discussed, with much disbelief, in all sports betting blogs. Perhaps the FIFA Clearance House will help alleviate the general feeling that things are not handled fairly in major competitions and leagues.

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Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.

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LaMelo Ball Reveals His New Back Tattoo, Fans and Netizens Remain Unimpressed

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LaMelo Ball Reveals His New Back Tattoo, Fans and Netizens Remain Unimpressed

Tattoos are something that is based on completely personal choice and the design that you want.

Sometimes tattoos can hold significant emotional value in one’s life, while they can also be random doodles that a person scribbles on their body just for the fun of it.

LaMelo Ball Reveals His New Back Tattoo

LaMelo Ball, who is a well-known player from the basketball team Charlotte Hornets, got a tattoo on his back and recently revealed it to his fans online.

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The tattoo has caught attention, but not in a good way.

It is rather bizarre according to people, and netizens online are not happy at all.

Accooring to Netizens Online, the design is very alienating, quite literally, it has spaceships with veins in it.

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The choice of the font used is so questionable that it makes the word written look like ‘Dare One’ or ‘Dade One’ instead of what it was planned to look like, ‘Rare’.

The color combination used fades and overpowers the other elements added to the tattoo as well.

Netizens online have commented that Ball should have consulted other NBA players or the veterans to get inspiration from them for a ‘cool tattoo’ because the one he got now has made people think that maybe Ball is a firm believer in aliens.

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It has a tiny spaceship and the huge face of an alien, which makes the tattoo even more concerning to people as, according to netizens online, it is the worst design they’ve seen.

The tattoo that Ball got is now the center of attention for people making jokes about it.

Even though the tattoo might seem funny to others, it might just be something very significant or something that seemed cool to Ball.

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He has not replied or added any statement about his tattoo lately on his social media, but fans online are going wild over his questionable choice in design.

Also Read: 30 Captivating Eclipse Tattoo Ideas to Inspire Your Next Ink

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Who is Johnny Manziel’s Girlfriend? Who Is The American Football Quarterback Dating?

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Who is Johnny Manziel's Girlfriend? Who Is American Football Quarterback Dating?

Who is Johnny Manziel?

Jonathan Paul Manziel, popularly known as Johnny Manziel, is a former American football quarterback who gained prominence during his college career at Texas A&M University, winning the Heisman Trophy as a freshman in 2012. Born on December 6, 1992, in Tyler, Texas, Manziel was highly regarded for his dual-threat abilities on the field.

Is Johnny Manziel Dating Anyone?

Yes, Johnny Manziel is currently in a relationship with model Josie Canseco.

Who is Johnny Manziel’s Girlfriend?

Johnny Manziel’s girlfriend is Josie Canseco, a model and the daughter of former MLB superstar Jose Canseco. The couple confirmed their relationship on social media, sharing intimate photos from the Stagecoach Festival.

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Johnny Manziel Family: Parents

Johnny Manziel’s parents are Paul Manziel and Michelle Manziel. They have played a significant role in his life and have been supportive throughout his football career.

Johnny Manziel Career

Manziel’s football career has been marked by both success and challenges. He achieved great success during his college years, including winning prestigious awards like the Heisman Trophy. However, his professional career in the NFL was short-lived due to off-field issues and struggles with substance abuse.

Johnny Manziel’s Net Worth

As of recent estimates, according to Celebrity Net Worth, Johnny Manziel’s net worth is approximately $1 million. His earnings primarily come from his football career, endorsements, and various business ventures.

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Johnny Manziel: Height and Weight

Johnny Manziel stands approximately 6 feet tall (1.83 meters) and weighs around 210 pounds (95 kilograms).

Also Read: Who is The Weeknd’s Girlfriend? Who Is The American Basketball Player Dating?

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Who is Xavier Worthy Girlfriend? Who Is The American Football Wide Receiver Dating?

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Who is Xavier Worthy Girlfriend? Who Is american football wide receiver Dating?

Who is Xavier Worthy?

Xavier Worthy is a standout American football wide receiver known for his exceptional talent and remarkable achievements. Born on April 27, 2003, in Fresno, California, Worthy has made a name for himself both in college football and as a highly anticipated prospect for the NFL.

Is Xavier Worthy of Dating Anyone?

Yes, Xavier Worthy is in a relationship with Tia Jones.

Who is Xavier’s Worthy Girlfriend?

Xavier Worthy’s girlfriend is Tia Jones. She accompanied him during the NFL Draft, where Worthy was selected by the Kansas City Chiefs. Tia dazzled in a stunning ensemble, capturing attention with her chic style and supporting Worthy throughout the whirlwind experience.

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Xavier Worthy Family: Parents?

Xavier Worthy’s mother is Nicky Jones. She has been a constant support throughout his football journey, celebrating his achievements and cheering him on from the sidelines.

Xavier Worthy Career

Worthy began his football career in high school, where his potential was evident. He later committed to the University of Texas at Austin, where he made significant contributions to the Longhorns’ football program. Worthy’s remarkable speed and skill set have positioned him as a top prospect for the NFL, with analysts praising his potential as a game-changer.

Xavier Worthy: Height and Weight

While Worthy’s height measures at 6 feet 1 inch, he weighs around 170 pounds. Despite his relatively smaller stature compared to some of his counterparts, Worthy’s dynamic speed and athleticism have been key factors in his success on the football field.

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Also Read: Who is The Weeknd’s Girlfriend? Who Is The American Basketball Player Dating?

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