Below is a summary of the full article. Click here for the full version or go back to LFC Live.net
Image Credits: Getty Images
Liverpool confirmed the signing of Hungarian left-back Milos Kerkez on Thursday, bringing him to Anfield from AFC Bournemouth on a five-year deal reportedly worth around £40 million.
In his first interview following the announcement, Kerkez described his arrival at Liverpool as “a real honour for me, a privilege to come to play for one of the biggest clubs in the world, [the] biggest club in England.
And see you soon”
Since the announcement, reports from Hungary have emerged that reveal that some of Milos Kerkez’s boyhood and developmental clubs are set to receive a share of the transfer fee Liverpool paid to Bournemouth for the left-back.
Hungary outlet CSAK FOCI has revealed that no more than three clubs will be getting payments.
Under FIFA’s solidarity contribution regulations, a total of 5 percent of Kerkez’s reported £40 million transfer fee – some £2 million – is set aside to reward the clubs that helped shape his formative years.
Under the scheme, seasons spent between ages 12 and 15 are valued at 0.25 percent of the transfer fee per year, while those from 16 to 23 count for 0.5 percent per year.
As a result, Rapid Wien, where the Hungarian full-back honed his technique as a young teenager, will pocket £365,200.
ETO FC Gy?r, his home between ages 16 and 20, will receive £303,200, while Hódmez?vásárhely, where he enjoyed a brief spell in 2019, will collect £16,800.
Crucially, because Kerkez is still under 23, these hometown academies stand to benefit even further.
When he celebrates his 23rd birthday, a further 1.1 percent of any future transfer fee will be distributed among them, ensuring that the clubs responsible for his development continue to share in his success.
Certainly, for the aforementioned Hungarian sides, it’s huge money especially when converted into Hungarian Forints (the national currency).
Want to get the latest Liverpool news direct to your phone