FIFA STATUTES CHANGES LIVES OF LOCAL AMATEUR CLUB
14 February 2018
The FIFA statutes, incorporated in September 2001, which govern the status and transfer of players, introduced these regulations to specifically assist smaller clubs receive financial compensation for their development. These regulations encourage the much needed youth development at grassroots level. All clubs who contribute to a football players development (between the ages of 12 to 23) MUST get financially rewarded once a player signs his 1st professional contract and when a player is transferred internationally.
Following an approach from Mr Jerome McCarthy for FC Cape Town to assist Mighty United, we are proud to announce we have successfully assisted Mighty United execute its rightfully due FIFA solidarity compensation claim. This FIFA solidarity contribution claim was borne as a result of the transfer of Mr Leo Thethani from Ajax Cape Town to AFC Ajax in the Netherlands.
Mighty United were instrumental in the development of Leo Thethani who later successfully transferred to Ajax Amsterdam via Ajax Cape Town. The FC Cape Town legal team approached Ajax Amsterdam and informed them of the applicable FIFA regulation and requested immediate payment of their due compensation. We are proud to confirm that Ajax Amsterdam responded positively and swiftly to our legal request and subsequently executed the payment to Mighty United.
FC Cape Town Chairman, Mr Errol Dicks also informed Mighty United that based on the FIFA/SAFA regulations, they are also due Training Compensation from Ajax CT who signed Thethani on his first professional contract, although the legal proceedings with Ajax CT are ongoing. FC Cape Town would like to thank Ajax Amsterdam for the professional manner in which they responded and executed Mighty United’s due compensation.
"I am speechless, God is indeed great", quoted Mr Simphiwe Siqenqe, Chairman of Mighty United. “This is life changing for us in amateur football. We spend years of development and never see any rewards. We never had the financial means to challenge these BIG clubs, but now FC Cape Town has helped change our lives forever”.
“Our gratitude goes out to all concerned. These initiatives are LIFE CHANGING.” stated Mr Errol Dicks. “The FIFA statutes have been around for a very long time, however IGNORANCE to these rules has costed AFRICAN clubs millions of dollars. We are proud to be at the forefront of enforcing these FIFA statutes and are proud to confirm that we have successfully helped over 100 clubs in Africa execute more than $4 million of claims to date.”
A special thanks must go out to our legal team of Mr Daniel Perling (COO), Mr Aubrey Blaauw (Legal Secretary), and Miss Carlyn Davids (Legal Case Manager); their tireless efforts combined with the entire FC Cape Town legal team will ensure the development at Mighty United continues.
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