FOOTBALL TRANSFER MARKETS: Episode 6 – Cyprus
Football Transfer Markets – Cyprus is the next episode of series following Hungary. We are thrilled to present the new episode of “Football Transfer Markets,” Episode 6 relates to Cypriot transfer market covered by Loizos Hadjidemetriou, the founder of Loizos Hadjidemetriou & Associates LLC and the legal counsel of Players’ Union of Cyprus, practicing lawyer in FIFA ADR, judicial bodies and Court of Arbitration for Sport. This episode touches the Cyprus football transfer regulations.
The following topics are discussed:
- The existing system of domestic training compensation system and solidarity mechanism
- Transfer structuring common for Cypriot football transfer market
- Discussion about the enforceability or recommendation about the “Standard Contract Form”
- Problem with the jurisdiction clauses in favour of the NDRC
This episode highlights the existing issues existing in the training rewards system at a local level and the development processing.
Loizos Hadjidemetriou breaks down how Cyprus used to handle training compensation through a system that clubs often manipulated to avoid paying what they owed. He explains how underreporting salaries and using private agreements allowed some teams to sidestep fair compensation. While Cyprus has since updated its rules to better reflect FIFA’s standards, challenges still exist—particularly for players who don’t rank among the top talents. Loizos also explains how many clubs include buyout clauses that only apply to international transfers, aiming to prevent talent from moving between local teams. On top of that, agents often work around official structures due to a tight 3% commission cap and the lack of FFAR enforcement. These realities paint a detailed picture of the legal and operational challenges within the Cypriot football transfer system.
Join us as we explore these essential topics to gain a comprehensive understanding of the Cypriot football transfer market Cyprus football transfer regulations. Watch the episode now to uncover exclusive knowledge straight from an industry practitioner. For convenience, the episode is also available on Spotify and Apple Podcast.
