PREMIER LEAGUE

PREMIER LEAGUE RULES: SECTION V
SECTION V: PLAYERS – TRANSFERS OF REGISTRATIONS
The Compensation Fee Old Rule
V.26. The Compensation Fee payable by a Transferee Club to a Transferor Club upon the
transfer of the registration of a Contract Player to the Transferee Club shall be such
sum as shall have been agreed between the Transferee Club and the Transferor Club
and set out in the Transfer Agreement.
V.27. The Compensation Fee likewise payable in respect of an Out of Contract Player
under the provisions of Rule V.17 shall be:
V.27.1. such sum as shall have been agreed between the Transferee Club and the
Transferor Club or in default of agreement;
V.27.2. such sum as the Professional Football Compensation Committee on the
application of either Club shall determine.
V.28. A Club which is a Transferor Club shall provide to any previous Club or Football
League club with which a player was registered, and which has a right to sell-on
fee in respect of any transfer of that player, full details of any Compensation Fee
and Contingent Sum(s) to which it becomes entitled. The Club receiving the
information shall not disclose or divulge it directly or indirectly to any third party
without the prior written consent of the Transferor Club save to statutory and
regulatory authorities or as may be required by law or to its Auditors.
M.26
M.27
M.28
Method of Payment Old Rule
V.29. Subject to Rules V.30 and V.35, all Compensation Fees, Loan Fees (including in
both cases instalments thereof) and Contingent Sums payable to a Club or to a
Football League club shall be paid (together in each case with Value Added Tax at
the then current rate) by the Transferee Club into the Compensation Fee Account
by telegraphic transfer or by such other means as the Board may from time to
time direct.
M.29
V.30. If a Club assigns its entitlement to a Compensation Fee or Loan Fee instalment
pursuant to Rule U.36.10:
V.30.1. it shall procure by means of a legally enforceable agreement that monies
payable by virtue of the assignment are paid into the Compensation Fee
Account by the assignee; and
V.30.2. it shall irrevocably and unconditionally instruct the Transferee Club to pay
such monies to the assignee upon their becoming due.
V.31. Subject to Rule V.37.2, forthwith upon receiving monies into the Compensation Fee
Account the Board shall pay the same to the Transferor Club entitled to receive them.
V.32. A Transfer Agreement shall provide that the agreed Compensation Fee together
with Value Added Tax at the then current rate shall be paid on or before the expiry
date of the initial contract between the Transferee Club and the Contract Player.
Compensation Fee instalments shall be paid on or before the dates set out in the
Transfer Agreement (and if any such date is not a Working Day then the instalment
shall be paid on the Working Day which immediately precedes that date).
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M.30
M.31
M.32