Football Australia’s mission to implement a modern and progressive domestic transfer system for the Australian game has taken a positive step forward after Football Australia ratified the removal of the cap on transfer fees for contracted players.
Since 2007 the maximum value of a fee that could be paid for the transfer of a player under a player contract and transferring domestically has been capped to 50% of the total salary owing to the player under their existing player contract.
The removal of the cap on transfer fees for contracted players follows a lengthy consultation period with stakeholders across the game after the release of Football Australia’s Domestic Transfer System Transformation White Paper in January 2021 and means that clubs outside the A-Leagues will be able to negotiate a fee for the transfer of a player on a contract, with free market forces determining the value of the transfer.
For more, please click on https://www.footballaustralia.com.au/news/football-australia-remove-cap-professional-player-transfers
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