This from Chris Wood thread, 3.5 years ago when he moved from Leeds to Burnley, re sell on clauses.
MetalLegNZ wrote:
at what point do his previous clubs stop getting a cut... even if it was only .5% Hamilton Wanderers would be stocked. I know the rule was brought in to help support small clubs not been taken advantage of... just don't know what age it stops.
RR wrote:
Solidarity Payments (5% of the transfer fee spread over the clubs they were at from ages 12-23) occur every time a fee is paid.
so if he goes for 15 mill and Cambridge, Hamilton, West Bromwich, Leicester are his previous clubs, they all stand to get a quarter of 750 thou which is 187,500 pounds. Which is $NZ337,500. Which ain't bad.
RR wrote:
5% of the 5% for each year at ages 12-15, 10% of the 5% for each year at ages 16-23. So 0.25% of 15 mil if he was at your club when he was 12, its a very handy pay out for a club.