Next Wednesday, November 16, one of the most important changes in the regulation of world clubs and compensation for training clubs will come into effect.
On that day, it is expected that the Compensation Chamber of FIFA and that assumes a reform of the transfer system. It will be a compensation chamber for training clubs that controls the distribution of compensation.
A distribution of training compensation to be made through a three-stage process. First, the identification of the right to compensation for training. The second is the creation of an electronic sports passport and the third is the transfer of funds between clubs through this compensation fund. This process is regulated by the Regulations of the Compensation Chamber of FIFA.
This will be the administration of FIFA which needs to explore the triggering factors that constitute the right to training compensation based on the information declared by the member federations and their affiliated clubs in the framework of national and international transfers. Also with first registrations as a professional player. To achieve this goal, the implementation and integration of national electronic systems, for player registration and national transfers, is essential, and mandatory from July 1, 2020.
The passport details each player’s trajectory
The electronic sports passport details each player’s career from the age of twelve. A review process involving relevant member clubs and associations will enable the FIFA develop a final version, which will provide transparency, ensure accuracy and make the calculation of training compensation easier. The electronic sports passport will be accompanied by an assignment order, which will indicate the exact amount owed by the new club to the training clubs.
This is a major change in the way training clubs will see their efforts rewarded, as the current claims system is replaced by an automated allocation process.
The allotment order will be sent to the Clearinghouse of FIFA for its processing. This room will begin a phase of evaluation of all parties, which consists of conducting a client conformity assessment and a complete risk analysis and controls of the clubs, their owners, the source of funds and the nature of the transaction. Once all parties have passed this review, the new club will process the payment and once the chamber receives the funds, they will be immediately distributed to the constituent clubs. In case of non-compliance or non-payment, they will be transferred to the Disciplinary Commission of FIFA.
Source: La Verdad

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