FIFA governing council has approved Clearing House Regulations ratified to safeguard transparency and accountability in the global transfer system.
The council, headed by president Gianni Infantino, met in Auckland/Tāmaki Makaurau, Aotearoa, New Zealand, on October 21.
An estimated Ksh48.5 billion (USD 400 million) will be distributed each year to training clubs in FIFA's new regulations that will be enforced from November 16, 2022.
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“These regulations send a clear message about international transfer reform: FIFA is committed to protecting the integrity of the game and ensuring the organic functioning of the football pyramid in a spirit of solidarity and transparency,
“Football needs to establish a transfer system that is driven by accountability and supports a fair redistribution across all levels of the game,” FIFA President Gianni Infantino stated.
It was also agreed that a regulatory framework for trials will be established. This will include rules concerning medical care, minimum age and legal protection.
The framework will further help implement stringent regulation of private academies to increase oversight of minors.
Other matters discussed in the meeting were the appointment of hosts for the 2023 FIFA Beach Soccer World Cup, proposed amendments to the FIFA Disciplinary Code and the FIFA Code of Ethics, and the approval of the FIFA Football Agent Regulations.
In the meeting, Infantino also took the opportunity to reiterate that everyone was welcome to attend and witness the World Cup in Qatar.
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