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A buyout clause or release clause refers to a clause in a contract that imposes an obligation on another organisation wishing to acquire the services of the employee under contract to pay the (usually substantial) fee of the clause to the organisation which issued the contract and currently employs the employee.
For example, in the UK, players under 24 who are out of contract are only available on a free transfer if released by the club holding the players' licence. Another type of free transfer is when a player is transferred from one club to another for no price, sometimes a transfer for a nominal fee is credited as a free transfer.
Meet-or-release contracts are contracts that include "meet or release" competition clauses. It is where a company agrees with a [customer] to sell a product at a certain given price. If, by any chance the customer finds a cheaper purchase the company must place their product at an equal or lesser value.
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The following is a list of most expensive association football transfers, which details the highest transfer fees ever paid for players, as well as transfers which set new world transfer records. The first confirmed record transfer was of Willie Groves from West Bromwich Albion to Aston Villa for £100 in 1893 [1] (equivalent to £14,000 in 2023).
So, let’s say you transfer $5,000 in high-interest credit card debt to a new balance transfer card that charges a 3 percent balance transfer fee. In this case, you would begin repayment on your ...
Transfer fees are not always officially confirmed by the transacting clubs, [209] and figures published by unofficial sources may or may not take into account various fees such as those paid to agents or a third party, [210] performance-related elements of the fee, and the notional value of any players included in part exchange. This leads to ...
A private transfer fee covenant [1] is a legal instrument that is filed in the real property records, which imposes an assessment payable in connection with a series of future transfers of title to certain real property.