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GFA adopts FIFA’s transfer regulations tool

GFA adopts FIFA’s transfer regulations tool

The Ghana Football Association (GFA) has become the first member association to adopt the FIFA Transfer Matching System (TMS) Intermediary Regulations Tool (RIT).

On April 1, FIFA’s new ‘Regulations on Working with Intermediaries’ came into force. The regulations require all FAs to register intermediaries who are engaged in transactions involving players and clubs affiliated with their association and to annually publish aggregate figures.

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In line with FIFA TMS’ goal to support FAs in fulfilling their regulatory obligations, the IRT will enable the GFA to gather the necessary information in order to comply with FIFA’s regulations.

The information to be collected includes: all agreed remunerations or payments that are made or will be made to an intermediary, intermediary declarations, representation contracts and consents, as well as declarations about conflict of interests for all involved intermediaries.

Most importantly, at the end of March each year, the GFA will be able to generate a report containing the necessary data for publication in accordance with the Regulations on Working with Intermediaries.

The new tool is integrated with the novel player transfer database, TMS.

As such, the GFA has the added benefit of being able to manage professional player transfers and related intermediary involvement in one system, thus increasing administrative efficiency and the visibility of transfer and intermediary activity within its association.

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