Sevilla and LaLiga Tech have announced the addition of an innovative new technology and legal consulting service known as Transfer Tracker.
LaLiga Tech, alongside Sevilla, will give clubs the ability to identify and claim compensation for transfers relating to players developed in their youth system.
The technology and legal consulting service assists in the return of millions in unpaid compensation payments to football clubs around the world.
A new solution will allow any club around the globe to claim solidarity payments for transfers that relate to players who have passed through the academy. The regulations say that when a player is transferred, the academy/club that trained them will receive 5% of the transfer value.
Transfer Tracker is the only market solution available for checking and claiming back dated payments before expiry.
The latest estimations show that more than $1.72 billion in unclaimed compensation that clubs can get a new claim for.
For a compensation claim to occur through the transfer tracker, the club only needs to submit a free request.
From there, Transfer Tracker’s team analyse the market through advanced tools regarded as Big Data that identifies all player transactions that are eligible for the claim.
The payment can be secured in two ways through conversations between the two affected clubs or direct contact with FIFA where necessary.
The operation of the system has been utilised for the last two years by the data and legal department of Sevilla FC, where an ambitious strategic innovation policy was implemented across both sport and business sectors of the club.
The system has had major success with Sevilla FC identifying more than 700 movements of players who were developed within the club across 53 different competitions. This resulted in Sevilla FC reclaiming more than $1.5 million in payments associated with solidarity mechanism.
Recently, La Liga Tech has operated alongside clubs from various well-known countries including Argentina, Brazil, Chile and Portugal – beginning a new claim process through transfer tracker.
On average, each of the clubs have an eligibility of 537 transfers amounting to $181 million in market value with an average of $5.28 million per club. Within accordance with current FIFA rules, clubs can make claims on all transfers for which final payments have been made in the past two years.
LaLiga Tech Value Proposition Manager Marcos Gonzalez said via press release:
“There are world class academies that are producing and exporting incredible football talent but are not receiving the compensation that they deserve.”
“We created Transfer Tracker to help clubs of all sizes to discover and receive this additional income without the need to invest their own time and resource. With the robust data analysis tools that we have created along with Sevilla FC, we offer the quickest possible way to negotiate the claims process and divert more wealth across the football ecosystem.”
This innovative piece of technology will make transfers more transparent, allowing for a fairer transfer period for clubs around the world.
