International Transfer Agreements: Considerations for Non-Payment of a Transfer Fee

Short summary

This article outlines contractual protections for football clubs selling player registrations internationally, focusing on notice provisions, acceleration clauses, and interest rates for non-payment. FIFA's RSTP provides regulatory support including a default 8% per annum interest rate on overdue payables. Careful drafting of notice provisions and acceleration clauses can help selling clubs recover full amounts without repeated tribunal claims.

• •Notice provisions must be strictly followed for valid legal claims of non-payment
• •Acceleration clauses trigger all future instalments to become immediately due upon default
• •FIFA RSTP Article 23(5) sets default 8% per annum interest on overdue payables

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