Former Club definition
Examples of Former Club in a sentence
The player’s Former Club cannot object to the Transfer under any circumstances.
For the avoidance of doubt, if a Transfer Request is approved by the Former Club before the player or Destination Club lodges a transfer withdrawal, the player is not eligible for a transfer withdrawal.
If the Former Club does not object within six (6) Business Days (or if the Former Club approves the Transfer within six (6) Business Days pursuant to Regulation 3.1.8), the Transfer Request will be automatically approved and finalised in Footyweb.
Club must keep a record of the original application signed by the player and produce a copy of such original application on demand from the Football Body to which the Former Club is affiliated by no later than 5pm on the next Business Day following such request.
Where a Tier 2 League Club is admitted to a Tier 1 League after a player’s Transfer from that Club to another State, subject to the approval of the Permit Committee, such player may return to his Former Club without payment of a Transfer Fee.
In the case of subsequent transfers of the Professional, Training Compensation will only be owed to his Former Club for the time he was effectively trained by that club.
The Former Club must offer the player a contract in writing via registered mail at least 60 days before the expiry of his current contract.
If a Professional moves during the course of a contract, 5% of any compensation, with the exception of Training Compensation, paid to his Former Club shall be deducted from the total amount of this compensation and distributed by the New Club as a solidarity contribution to the club(s) involved in his training and education over the years.
If the Former Club does not offer the player a contract, no Training Compensation is payable unless the Former Club can justify that it is entitled to such compensation.
In the case of subsequent transfers, Training Compensation is calculated based on the training costs of the New Club multiplied by the number of years of training with the Former Club.