A Professional Football Compensation Committee (PFCC), appointed under EFL regulations, has recently ruled that Fleetwood Town must pay Tranmere Rovers a compensation fee for Edmond Clarke.
The defender agreed to join Fleetwood Town last summer, although the matter was referred to a tribunal as the two clubs were unable to agree terms.
The Committee met on Monday 29 July and decided:
- Fleetwood Town must pay Tranmere Rovers a compensation fee of £42,500.
- Also, Tranmere Rovers will receive a 20% sell on clause in the case of Fleetwood Town selling the player to another club at any point in the future.
In setting these compensation fees, the PFCC takes into account the costs of developing the player, his age and playing record, the length of time he has been registered with his former club, the terms offered by both clubs, the status of the two clubs and the interest shown by other clubs in acquiring the registration of a player.
In accordance with the rules of the EFL, and in agreement with the Premier League and The Professional Footballers’ Association, the PFCC is responsible for setting the compensation fee for players Under 24 where the club formerly holding his registration and the club next holding his registration fail to reach an agreement regarding compensation for training and development.
The PFCC comprises of an independent Chairman, and an appointee from the EFL, The Professional Footballers’ Association and the League Managers’ Association.