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PREMIER LEAGUE

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<strong>PREMIER</strong> <strong>LEAGUE</strong> RULES: SECTION V<br />

SECTION V: PLAYERS – TRANSFERS OF REGISTRATIONS<br />

Transfer Levy Old Rule<br />

V.38. Subject to Rule V.39, upon payment of a Compensation Fee, a Contingent Sum or<br />

a payment made pursuant to Rule U.37, a Club shall forthwith pay to the League<br />

a levy equal to 4 per cent. of the sum paid (net of any Value Added Tax) and in the<br />

case of a Compensation Fee payable by instalments, the levy upon the whole of it<br />

shall be paid as aforesaid upon the Transferee Club applying to register the Player<br />

to which it relates.<br />

V.39. Levy shall not be payable on a Loan Fee unless the registration of the Contract<br />

Player who is the subject of the Temporary Transfer is transferred on a permanent<br />

basis from the Transferor Club to the Transferee Club during, or within four<br />

months of the expiry of, the Temporary Transfer, in which case a levy equal to 4<br />

per cent of the aggregate of any Loan Fee and Compensation Fee shall be paid to<br />

the League.<br />

V.40. The sums received by the League by way of levy shall be used to pay premiums<br />

due under the Professional Footballers’ Pension Scheme and any surplus shall be<br />

added to the Professional Game Youth Fund.<br />

186<br />

M.38<br />

M.39<br />

M.40

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