There is a massive informal economy that revolves around amateur football. In every corner of South Africa, it creates employment, keeps money flowing through our townships and towns, and gives our youth purpose and pride. For the talented and lucky few it is also a starting point for a lucrative career in the professional game.
Rent-seeking professional clubs attract skilled football players, but fail to fairly reward the often poor clubs that nurtured and developed the talent. Almost zero financial incentive for local football clubs to invest in their players may also partly explain the poor performance of our national teams.
A Solidarity Payment is 5% of a player’s transfer fee that goes to the clubs he or she played for before they turned 23. The contribution between developing clubs is calculated based on the age when the player joined the club and how long they played there. The introduction of the cleaning house removes the need for a club to be aware of a trade or afford lawyer fees. As soon as the transfer happens, 5% is paid to the cleaning house. If the player’s Fifa Player Passport has information on who they played for, the clubs will be notified and the payments released.
A functioning league for our woman will be great for the future.
In my opinion keep it very far away from Danny Jordaan, also keep him far away from women.
Who is controlling the money?
I believe they should start with pumping more money into female soccer development!!!
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »
New Mercedes-AMG A35 sneaks into South Africa225kW Golf R rival is now waiting for you on Merc's local online car configurator. Sigh
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: Channel24 - 🏆 48. / 51 Read more »
Source: Channel24 - 🏆 48. / 51 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »