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SECTION V: PLAYERS – TRANSFERS OF REGISTRATIONS<br />

V.20.<br />

V.21.<br />

The Club’s Options<br />

V.22.<br />

V.23.<br />

V.24.<br />

V.25.<br />

If the Player considers that the terms offered by his Club and set out in Form 30 are less<br />

favourable than those in his current contract, he may give notice to that effect to his Club and<br />

the Secretary in Form 31 and apply for a free transfer.<br />

Such application shall be determined by the Board and if it succeeds:<br />

V.21.1. the Player’s Club will not be entitled to a Compensation Fee upon a Transferee<br />

Club effecting his New Registration; and<br />

V.21.2. the Player will receive severance pay in accordance with his contract.<br />

If a Club makes an offer to a Player on Form 30 and the Player declines it, upon the expiry of<br />

the Player’s contract the Club may either:<br />

V.22.1. enter into a Conditional Contract with the Player in such financial terms as may<br />

be agreed; or<br />

V.22.2. enter into a Week by Week Contract with the Player; or<br />

V.22.3. if neither a Conditional Contract nor a Week by Week Contract has been entered<br />

into or a Week by Week Contract has been determined by the Club, continue to<br />

pay the Player the amount of the basic wage under his expired contract;<br />

and in any such case the Club shall be entitled to a Compensation Fee upon a Transferee Club<br />

effecting the Player’s New Registration provided he then remains under the age of 24 years<br />

and the other conditions set out in Rule V.17 have been satisfied.<br />

The Compensation Fee<br />

V.26.<br />

The financial terms of a Week by Week Contract shall be those contained in the Player’s<br />

expired contract, excluding any Signing-on Fee, except that the Player shall be entitled to<br />

receive such incentives (if any) as are payable by the Club to its Contract Players with effect<br />

from the date of his new contract.<br />

An Out of Contract Player who continues to receive from his Club the amount of his basic<br />

wage under the provisions of Rule V.22.3 shall not be entitled to play for that Club. If such<br />

Out of Contract Player unreasonably refuses an offer of employment by another Club (or<br />

club), his Club may make application to the Premier League Appeals Committee for an order<br />

that payments to the Out of Contract Player may cease without affecting his Club’s<br />

entitlement to a Compensation Fee.<br />

A Club which having continued to pay the Player the amount of his basic wage under Rule<br />

V.22.3 intends to cease making such payments shall give to the Player 2 weeks’ notice to that<br />

effect and upon a Transferee Club effecting the Player’s New Registration the Club shall not<br />

be entitled to a Compensation Fee.<br />

The Compensation Fee payable by a Transferee Club to a Transferor Club upon the transfer of the<br />

registration of a Contract Player to the Transferee Club shall be such sum as shall have been agreed<br />

between the Transferee Club and the Transferor Club and set out in the Transfer Agreement.<br />

<strong>PREMIER</strong> <strong>LEAGUE</strong> RULES: SECTION A V<br />

203

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