The Ghana FA Congress has passed a new transfer policy which compensates for the training and development of a player.
The new policy will see clubs financially compensated for the training and development of a player who is under 23 years of age upon transfer to another club.
The ‘training and development fee’ is pegged at Ghc 1000.00 for players in the Premier division, Ghc 500.00 for the second tier, Ghc 300.00 and Ghc 200.00 for the third and fourth tier respectively per the number of years an under 23-year-old player spends at a club he is moving from.
This means a club looking to sign an under 23 player who has spent four years at his existing club will be required to pay Ghc 4000.00 as training and development fee.
The new policy also covers players who are under no contract with a club (free agents).
In such instances, the training and development fee will be paid to the club responsible for his training and development.
The new policy was furiously debated upon with the main sticking point being the figures.
The initial price proposal for the Premier division was Ghc 5000.00.
This meant at the same example given earlier, a club looking to sign an under 23 player who has spent four years at his existing club would have been required to pay a whooping Ghc 20,000.00 as training and development fee.
But this initial proposal was met with stiff opposition by some members of Congress as it had the potential of bloating transfer fees.
The floor was then opened for invitations of other proposals which were consideration.
Congress eventually voted for and passed a proposal which was offered by Ghana FA boss Kwasi Nyantakyi.
The 14th Ordinary Congress of the Ghana FA is in its second and final day at the Ghanaman Soccer School of Excellence in Prampram.