A Brief Introduction About the Soccer Contract
Soccer is one of the most popular sports which is played across the world. The players of this game have been listed in Forbes in the annual list of the 100 highest-paid soccer players. Soccer contract is an agreement between the two parties, usually the soccer player, or a manager representing the player, and the football club or gaming association.
For instance, soccer player contract example is when a player agrees to play with Barcelona and to stay with the same club for two years. This contract promises an annual salary. But with this annual salary, the player cannot play for any other team or represent any other country. He also cannot advertise any brand other than what is allowed by the association. Similarly, the contract can also be with the brand that is endorsing the soccer player, as Ronaldo agreed for a lifetime contract with Nike for $1 billion.
The soccer player after executing this contract shall be responsible for his actions both on and off the field. A standard footballer contract dictates that the player should not use drugs or alcohol before a game. The club can penalise any behavior that is against the code of conduct or ethics on the field.
Who Takes the Soccer Contract?
The parties that are involved in a soccer player contract form are the professional footballers represented by their agents, the club members, and association management. The management negotiates with the players several financial and operational aspects the salaries, bonuses, commissions, franchise rights and endorsements.
Purpose of the Soccer Contract
Football has become a global phenomenon, raking in the annual revenue in billions of dollars and soccer players play the most important role in building this image for a club. A soccer player contract binds the players to one club for the contract period so that the club gets the revenue from the player.
For instance, professional players sign contracts with clubs for a fixed period of two to five years. This does not mean that players can’t transfer. When a club wants a player, it pays the fee mentioned in the contract to the old club. The better the player is, the higher the transfer fee will be. Because otherwise, how do soccer transfers work? If the poaching club does not pay the fee, it would amount to a breach of contract.
Contents of the Soccer Player Contract
- Club name – Name of the sports club, company, registration number and association
- Player Name – Name of the player with complete details like age, contact details, guardian name if the player is under 18 years.
- Contractual period – Contractual period, which means till when the contract will be applicable.
- Player obligation -Player obligation, which means that the player is obligated to participate in the club’s activities as the soccer player during a specific contractual period (Frick, 2011).
- Compensation– The next section includes details of the compensation amount that will be received by the player.
- Endorsements– The advertising and branding details, the brands endorsed by the layer will also be mentioned.
How to Draft the Soccer Contract?
The first part of the football contract includes the names of the association and the player details.
Section 1 – This section includes the term of the contract
Section 2 – This section includes that the player is obliged to play and follow all the necessary rules and regulations of the association, as well as the game (Briggs et al. 2015).
Section 3 – This section includes the compensation amount that will be received by the player.
Section 4 – This section includes the endorsement taken by the player.
Section 5 – This section includes the details of prohibited things like doping.
Section 8 – This section includes the transfer details of the employee, along with the transfer fee.
Section 9 – This section includes the sports regulations as well as the case of a dispute.
Section 10 – This section includes the signature of the player, the club, and other parties involved.
Benefits & Drawbacks of the Soccer Contract
- The contract helps the association or the soccer club to the organization can increase control and increase effectiveness.
- Due to the soccer contract, there is no disagreement between the parties involved.
- The right of the player and the party are not clear and in written format.
- There is the prevention of intellectual property (Frick, 2011).
- There is better management of the relationship involved in the contract
- Building up a soccer contract involves a good amount of time, money as there is a requirement of a person who will draft the contract.
- Soccer contracts increase the likelihood of legal actions that can be taken against the player.
What Happens in Case of Violation?
If the association club or the player violates the obligations(1) that were mentioned in the contract, then the other party has the right to terminate the contract with immediate effect and can also claim damages. Similarly, in the case of the club also when a player has infringed the rules like the player does or consumes alcohol before coming for the game, then he will be terminated immediately as per the contract. The player can also be suspended under extreme circumstances and will be barged from any other club activities for a particular period, like three months. The player will not receive any compensation during this period, as mentioned in the contract,
To conclude, the soccer contract is a contract between two parties that may be the club, association, or brand. This contract legally binds the player to play with the same association for two to five years, depending upon the contract. The main benefit of this contract is that it makes things clear between the parties involved leading to higher effectiveness.