Thu Oct 20, 2011 4:11 pm
"This will mean in principal a selling club will be paid £3,000 per year for every year of a player's development between the ages of nine and 11. The fee per year from 12 to 16 will depend on the selling club's academy status but ranges between £12,500 and £40,000.
It means that for a Category One club to sign any player Under-17 it will cost at most £100,000."
So it costs 2.5m a year to be graded Cat 1 status, but the most a player is worth is 100k - thats insane! The football league were forced into this as the Premier League threatened to withhold FL funding unless they agreed to it, and scrapped the 1 hour drive limit for youngsters. A lot of football academies will die out and most youngsters will be signed up by the big clubs.
Thu Oct 20, 2011 4:37 pm
Another nail in the coffin for football in this country.