Saturday, 4 July 2020

FIFA fines Arsenal over Akpom and Campbell transfers

FIFA Fine Arsenal Over Akpom Transfer

FIFA have fined Arsenal 40,000 Swiss francs ($42,300) over sell-on clauses contained in the transfer agreements for Chuba Akpom to POAK Thessaloniki and Joel Campbell to Frosinone. FIFA has also warned the Gunners that stiffer punishments will attach to similar subsequent infringements. That warning is ominous because it raises the specter of a transfer ban, but for right now, it’s a slap on the wrist and nothing more.

Sell-on clauses are simple and relatively commonplace — if a player is sold with one in place, the original club gets a portion of the transfer fee. The problem with the clauses in those deals specifically was that the percentage cut was higher for transfers back to British clubs. For Akpom, Arsenal would have gotten 70% of the fee for a sale to a British team and 60% for the sale to any other team. For Campbell, it was 30% of the sale to a British team, 25% to any other.

In its decision, FIFA determined that the difference in percentages enabled Arsenal to influence and interfere with the transfer dealings of another club. The disciplinary committee also faulted Arsenal for failing to disclose the details of the deals in the Transfer Matching System. Wrote disciplinary committee member Thomas Hollerer:


source:https://theshortfuse.sbnation.com/2020/7/3/21312692/fifa-fine-arsenal-transfer-sell-on-joel-campbell-chuba-akpom-paok-thessaloniki-frosinone


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