FIFA tells Kaizer Chiefs to pay R3 million?
The transfer saga involving Kaizer Chiefs, Cape Town Spurs, Asanele Velebayi, and Luke Baartman has reportedly taken a seemingly calm and amicable turn.
FIFA is reportedly set to advise Kaizer Chiefs to pay R1.5 million each in development compensation for Asanele Velebayi and Luke Baartman, two rising talents developed by Cape Town Spurs.
Under FIFA regulations, clubs must compensate the teams that trained a player between the ages of 12 and 21, especially when the player signs their first professional contract or transfers before the age of 23.
According to the latest local report, Kaizer Chiefs are reportedly willing to reach this agreement.
KAIZER CHIEFS TO COMPLETE ASANELE VELEBAYI AND LUKE BAARTMAN DEALS WITH CAPE TOWN SPURS?
As reported in previous weeks, Amakhosi signed the duo on free deals due to Spurs’ relegation from the National First Division to the ABC Motsepe League.
Spurs, one of South Africa’s most respected youth academies, responded by formally lodging a claim with the South African Football Association (SAFA), seeking compensation for the time and resources invested in grooming the two players.
“You know, Kaizer Chiefs are willing to follow the rules and do the right thing by the book,” a source told Soccer Laduma. “That’s why it’s believed that they are expected to pay R1.5 million for each player, which means R3 million for the two players.
“You remember the same case happened between Kaizer Chiefs and TS Galaxy involving Puso Dithejane when he left Chiefs. Galaxy had to pay that development compensation fee, and that’s what they could be expected to pay Spurs according to FIFA rules, ” the source added.