November 21 – FIFA has announced that more than $125 million has been distributed to clubs around the world from transfers of their former players through its Clearing House system that has now been fully operational for two years.
The substantial sum has been funnelled through FIFA’s financial operation located in Paris, though nearly $200 million remains pending.
The funds are being allocated to more than 5,000 grassroots and professional clubs via the FIFA Clearing House a mechanism designed to ensure clubs that have a role in developing players receive their fair share of proceeds from future player sales.
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