LAUSANNE: World football administrators on Tuesday (Feb 11) unveiled plans to help players left in difficulty by clubs who fail to pay their wages.
Several recent reports in Asia, Europe, South America and Africa have highlighted the gravity of the problem caused by clubs failing to pay their players, notably after shutting down.
The US$16mil fund agreed by players union FIFPRO and FIFA, world football's governing body, will offer income support worth US$11mil over the next three years with the rest set aside for retroactive protection from July 2015 and June 2020. "More than 50 clubs in 20 countries have shut in the last five years, plunging hundreds of footballers into uncertainty and hardship," said FIFPRO president Philippe Piat.FIFA has bolstered its measures against so-called 'successor clubs' set up to replace debtor clubs with the prime aim of avoiding paying players their overdue wages.
"Many of these clubs have shut to avoid paying outstanding wages, immediately re-forming as so-called new clubs," Piat said in a FIFA statement. "FIFPRO has long campaigned against this unscrupulous practice and thanks FIFA for combating it in its Disciplinary Code." - AFP
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Court denies Sarawak govt stay on petroleum tax hearing | The Malaysian InsightJudge sets March 13 for hearing of suit against Petronas to recover unpaid sales tax.
Read more »
‘Help us survive outbreak’PETALING JAYA: Reeling from the effects of the novel coronavirus outbreak, tourism industry players have asked the government for help in the form of cost reductions, incentives and funds.
Read more »
High Court dismisses Petronas' application for stay in S'wak unpaid sales tax caseKUCHING: The High Court here has dismissed Petronas' application for a stay of proceedings in the Sarawak government's lawsuit to recover unpaid state sales tax from the national oil corporation.
Read more »
Ronaldo, Ibrahimovic set for Italian Cup clashBoth players scored at the weekend but fell to defeats in the league. FMTNews Ronaldo
Read more »
Rosmah's lawyer suggests Pekan Umno man received RM1.5m commissionROSMAH TRIAL | This is for helping out Jepak Holdings MD to acquire the contract, court hears.
Read more »
Lao and Chinese communities in Laos offer aid relief to WuhanVIENTIANE (Vientiane Times/ANN): Local Lao and Chinese expat communities have donated hundreds of thousands of face masks, safety glasses and medical gloves and caps to support the city of Wuhan’s efforts to combat the coronavirus outbreak.
Read more »