FAI unveils transfer compensation system

The FAI will introduce a compensation system for domestic football on December 1 after brokering an agreement between eircom League clubs and the Schoolboys FAI.

Clubs will be entitled to compensation of €500 per season for training a player from his twelfth to twenty-first birthday if he signs his first professional contract with an eircom League club before his twenty-third birthday.

If a professional player is transferred domestically during the course of a contract, 10% of any compensation or fee paid to his former club shall be deducted and paid to the training club or clubs as a solidarity payment.