Article 70 No overdue payables to football clubs - Club Licensing

UEFA Club Licensing and Financial Sustainability Regulations

Content Type
Technical Regulations
Category
Specific Regulations
Subject
Club Licensing
Edition
2022
Language
English
Enforcement Date
25 January 2023
70.01

The licence applicant must prove that as at the 31 March preceding the licence season, it has no overdue payables (as defined in Annex H) to other football clubs as a result of obligations arising from transfers due to be paid by the 28 February preceding the licence season.

70.02

Payables are those amounts due to football clubs as a result of:

  1. transfers of professional players (as defined in the FIFA Regulations on the Status and Transfer of Players), including any amount payable upon fulfilment of certain conditions;

  2. players registered for the first time as professionals, including any amount payable upon fulfilment of certain conditions;

  3. training compensation and solidarity contributions as defined in the FIFA Regulations on the Status and Transfer of Players; and

  4. any joint and several liability decided by a competent authority for the termination of a contract by a player.

70.03

The licence applicant must prepare and submit to the licensor a transfers table unless the transfers information has already been disclosed to the licensor under existing national transfer requirements (e.g. national clearing house system) and the licensor is able to extract and assess all the required information as described in paragraphs 4 and 5 below. A transfers table must be prepared even if there have been no transfers/loans during the relevant period.

70.04

The licence applicant must disclose:

  1. all new player registrations (including loans) as a result of transfer agreements concluded in the 12-month period up to 28 February, irrespective of whether there is an amount outstanding as at 28 February;

  2. all transfers for which a payable is outstanding as at 28 February (whether they relate to the release or registrations of players and irrespective of when the transfers were undertaken); and

  3. all transfers subject to any amounts disputed as at 28 February (as defined in Annex H).

70.05

The transfers table must contain the following information as a minimum (in respect of each player transfer):

  1. Player's name and date of birth;

  2. Date of the transfer agreement;

  3. Name of the football club that is the creditor;

  4. Transfer (or loan) fee paid or payable (including training compensation and solidarity contribution) even if payment has not been requested by the creditor;

  5. Other direct costs of the player’s registration paid or payable;

  6. Any other compensation paid or payable in the scope of a transfer agreement;

  7. Amounts settled (as defined in Annex H before 28 February and payment date(s);

  8. Balance payable as at 28 February, including the due date(s) for each unpaid element;

  9. Amounts overdue as at 28 February, including the due date(s) for each unpaid element and, if applicable, amounts settled between 28 February and 31 March together with the settlement dates as well as any remaining overdue payable as at 31 March (rolled forward from 28 February), together with explanatory comment;

  10. Amounts deferred as at 28 February (as defined in Annex H), including the original and new due date(s) for each deferred element, and the date when a written agreement between the parties was concluded;

  11. Amounts disputed as at 28 February (as defined in Annex H), including the case references and a brief description of the positions of all involved parties; and

  12. Conditional amounts (contingent liabilities) not yet recognised in the balance sheet as at 28 February.

70.06

The licence applicant must reconcile its liabilities as per the transfers table to its underlying accounting records.

70.07

The licence applicant must confirm that the transfers table is complete, accurate and in compliance with these regulations. This must be evidenced by way of a brief statement and signature by the executive body/authorised signatories of the licence applicant.