Overdue Payables
1. Clubs are required to comply with their financial obligations towards players and other clubs as per the terms stipulated in the contracts signed with their professional players and in the transfer agreements.
2. Any club found to have delayed a due payment for more than 30 days without a prima facie contractual basis may be sanctioned in accordance with paragraph 4 below.
3. In order for a club to be considered to have overdue payables in the sense of the present article, the creditor (player or club) must have put the debtor club in default in writing and have granted a deadline of at least ten days for the debtor club to comply with its financial obligation(s).
4. Within the scope of its jurisdiction (cf. article 22 to 24), the Football Tribunal may impose the following sanctions:
- a. a warning;
- b. a reprimand;
- c. a fine;
- d. a ban from registering any new players, either nationally or internationally, for one or two entire and consecutive registration periods.
5. The sanctions provided for in paragraph 4 above may be applied cumulatively.
6. A repeated offence will be considered an aggravating circumstance and lead to a more severe penalty.
7. The terms of the present article are without prejudice to the application of further measures in accordance with article 17 in the event of unilateral termination of the contractual relationship.
04. MAINTENANCE OF CONTRACTUAL STABILITY BETWEEN PROFESSIONALS AND CLUBS Maintenance of contractual stability between professionals and clubs 04.
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