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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.
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).
Football League clubs soon began to demand and earn a transfer fee from any other Football League club as consideration for agreeing to release or transfer the player's registration. In 1912 Charles Sutcliffe helped establish the legality of this retain-and-transfer system when he successfully represented his club Aston Villa during the Kingaby ...
Walsh's fee alone in the summer 2022 window eclipsed this, with further high transfer fees being paid as a domino effect supplementing the season total. [ 85 ] The transfer was predicated on the growing popularity of women's football and its players in England and Spain; [ 85 ] with Walsh's fee having shown the financial power of this growth ...
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.
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 ...
The retain and transfer system was a restriction that existed in England from 1893 until 1963 on the freedom of professional association football players to transfer from one Football League club to another. The system remained in place until the High Court ruled in 1963 that it was an unjustifiable restraint of trade.
Key takeaways. A balance transfer fee is what credit card issuers charge when you transfer debt from one credit card to another. Balance transfer fees are typically 3 percent or 5 percent of the ...