FIFA makes 1st payment from finance house aiming to help small clubs, clean up transfer market


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

ZURICH — The first money processed by a new FIFA finance department was the $172,400 paid to a French amateur club from the transfer of former youth player Benoît Badiashile to Chelsea. The Paris-based FIFA Clearing House aims to ensure about $300 million extra each year is paid to lower-ranked clubs as their rightful share from transfer deals. Badiashile played for eight years at SC Malesherbois before signing for Monaco at the age of 15. Monaco sold the France international to Chelsea in January for about $40 million.

Most recent Soccer stories

Related topics

The Associated Press

    SPORTS NEWS STRAIGHT TO YOUR INBOX

    From first downs to buzzer beaters, get KSL.com’s top sports stories delivered to your inbox weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button