1. INTRODUCTORY PROVISIONS Flashcards

1
Q
  1. OBJECTIVES
    What is the tasks of the FIFA Clearing House?
A

The FIFA Clearing House shall serve to protect the core objectives of the football transfer system in accordance with the FIFA Statutes and the RTSP, notably to:

a) protect the contractual stability between professional players and clubs,

b) encourage the training of young players,

c) promote a spirit of solidarity between the elite and grassroots football,

d) protect minors,

e) maintain a competitive balance and

f) ensure regularity of sporting competitions.

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2
Q
  1. FIFA Clearing House
    Why was it established?
A

The FIFA Clearing House is a separate entity from the football transfer system and was established to act as an intermediary in payments deriving from the football transfer system.

The entity is a payment service provider but shall not make a financial profit from the assets it receives and/or transactions it undertakes.

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