Entity to initially centralise, process and automate training rewards
Landmark step to promote financial transparency and integrity within the international transfer system
Expected five-fold increase in payments to training clubs
Following the approval of the regulations by the FIFA Council in October 2022, the FIFA Clearing House today began its operations, with an initial focus on the centralisation, processing and automation of payments between clubs relating to training rewards (training compensation and solidarity contribution), as well as on the promotion of financial transparency and integrity within the international transfer system.
All training rewards triggered by transfers or first professional registrations that occur from today onwards will be automatically calculated by FIFA systems and then processed by the FIFA Clearing House, an independent entity established in Paris which has been granted a licence to operate as a payment institution by the French Prudential Supervision and Resolution Authority (Autorité de contrôle prudentiel et de résolution, ACPR).
It is estimated that currently only USD 70-80 million is distributed each year to training clubs, just one fifth of the payments actually due.