Tema youth to receive£2million from Partey’s transfer
Tema Youth is set to get some £2million from the transfer of their former midfielder Thomas Partey.
This is in accordance with FIFA’s policy ‘Training Compensation and Solidarity Payments’.
Per the policy, the local team is entitled to 5% of the fee paid in this transfer.
Training compensation is one form of compensation the FIFA rules allow. This payment may be required at two different times of a player’s professional football career: the player’s first time registering as a professional player for the first time in another country other than the one where he was trained; and the player’s subsequent international transfer.
FIFA rules require in the second situation that, when a player is subsequently transferred internationally, the new club must pay the immediately prior professional club training compensation.
Training compensation is due within a month of the player signing a professional contract.
The compensation amount is calculated according to a specific equation: the value attributed to the level of training (determined by the country and the caliber of the club) multiplied by the number of years spent training (between the ages of 12 and 21).
Arsenal on Tuesday confirmed the signing of Ghanaian midfielder Thomas Teye Partey for a four year-deal.
The football club announced this on their Twitter handle.
According to the club, they had landed their long-term target hours before the transfer deadline closed.
The tweet read: “@Thomaspartey22 has joined us from Atletico Madrid on a long-term contract. Welcome to the party.”
His former team, Atletico Madrid confirmed the signing of Partey to the English Premier League side saying Partey has ceased to be their player Arsenal side paid his £45 million buyout clause on transfer deadline day.
“Arsenal representatives have paid Thomas Partey’s release clause on behalf of the player.
“LaLiga informed Atlético de Madrid at 11.28pm on Monday that Arsenal representatives have paid Thomas Partey’s release clause at the sports association’s headquarters,” Atletico tweeted.
“The player has therefore unilaterally terminated his contract with our club, which ran until June 30, 2023.”