How It Works
The club acquiring the player does not have to pay any compensation for their release due to having nothing left to pay on their contract, hence, the term free transfer. Some individual leagues have restrictions to protect academies. For example, in the UK, players under 24 who are out of contract are only available on a free transfer if released by the club holding the players' licence.
Another type of free transfer is when a player is transferred from one club to another for no price, sometimes a transfer for a nominal fee is credited as a free transfer.
With six months or less remaining on an existing contract for players aged 23 or older, they are free to negotiate with other clubs and sign a pre-contract agreement, indicating their ability to move to their intended club on a Bosman transfer once the next transfer window opens.
Read more about this topic: Free Transfer (association Football)
Famous quotes containing the word works:
“Evil is something you recognise immediately you see it: it works through charm.”
—Brian Masters (b. 1939)