FIFA to enforce transparency efforts

A circular from the International Federation of Football (FIFA) announced that the total financial rewards allocated to training clubs around the world have exceeded one billion dollars since the activation of the "Clearing House" system in November 2022. Of this, $700 million has been distributed to approximately 3,000 clubs. The circular emphasized increasing financial transparency in the transfer market by requiring clubs to submit proof of payments through electronic systems within 30 days, with warnings of strict financial penalties and fines in cases of manipulation or delay. FIFA also stressed the importance of full disclosure of the value of transfers, transforming amateur players into professionals, and categorizing clubs into four groups based on their investment in player training. The goal is to protect the rights of smaller clubs and player trainers, as well as to impose sanctions on violators.

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