Following Lyle Foster’s record transfer for a South African to English side Burnley, his former club Orlando Pirates, according to FIFA rules, were supposed to benefit financially after developing the 22-year old.
Foster is a product of the Pirates academy and after making a handful of appearances for the Buccaneers following his promotion in 2017, he was sold to French giants Monaco in January 2019.
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According to FIFA rules, clubs who have developed a player should be compensated for the training incurred whenever the player is transferred internationally up to the age of 23.
As contained in the FIFA Regulations on the Status and Transfer of Players, “training compensation is due when a player is registered for the first time as a professional or a professional is transferred between two different associations before the end of the calendar year of his 23rd birthday”.
There is also a compensation in a form of the solidarity payment, which occurs when a player is under contract and transferred between different associations.
Solidarity payments are distributed to all clubs that trained the player between his 12th and 23rd birthday proportionally, depending on the years spent at each club.
With Foster only turning 23 in September, Soccer Laduma did some digging to find out if Pirates would benefit.
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The Siya crew has been led to believe that the Buccaneers waivered compensation on all of Foster’s future sales when he was sold to Monaco as a teenager for a lucrative R20 million.
The Bafana Bafana striker subsequently moved to Portuguese side Vitoria Guimaraes and Belgian side KVC Westerlo and broke the South African transfer record after he was transferred to Burnley for R210 million last month.
Foster broke the transfer record for a South African previously held by Benni McCarthy when he moved from Ajax Amsterdam to Celta Vigo for R111 million in 1999.
Indications are that Westerlo could have had an agreement with Guimaraes for a sell-on fee but Pirates are not expected to cash in on Foster’s deal.
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In so far as the sell-on fee is concerned, FIFA have set a percentage of up to 5 percent that should be withheld from the transfer fees and distributed proportionally between clubs, depending on the number of years the player spent at each club.
Pirates could have benefitted from a pool of at least around R10, 5 million that would have been distributed between four clubs, including Monaco, Guimaraes and Westerlo.
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