Potential (?) New FIDE Transfer Fees

[Ken MacDonald]

See

http://www.fide.com/images/stories/news2009/2010_reg_transfers__eligibility.pdf

as given in "Chess Today."

[Christopher Mallon]

Re: Potential (?) New FIDE Transfer Fees

Nice, 250 euros to notify FIDE that they have to change the country listed for a player who might be rated 1250...

[Vlad Dobrich]

Re: Potential (?) New FIDE Transfer Fees

The rich man at the helm of FIDE has no understanding of money. 50,000 Euros to be paid by destination country for top GM! Thats about 80 G Canadian! Why not a cool 1 million?

[Egidijus Zeromskis]

Re: Potential (?) New FIDE Transfer Fees

50,000 Euros to be paid by destination country for top GM! Thats about 80 G Canadian!

Fast, cheap, and good - pick any two ;)

[Gordon Taylor]

Re: Potential (?) New FIDE Transfer Fees

Very interesting! Not unlike the transfer fees we see in professional soccer except that here the the transfer goes not to a club but to the federation of that country the player was registered in. I'm sure FIDE gets a cut of the action, although I don't see this stated. Anyhow it now looks like an Arab Emirate could buy a potentially gold medal winning team for the next Chess Olympiad, and at a relatively modest price. Shades of the NY Yankees in baseball. This may also give some of the elite GMs more leverage with their federations (Either you give me a decent appearance fee or I'm going to play for Qatar and you'll just get some Euros.)

[Vlad Dobrich]

Re: Potential (?) New FIDE Transfer Fees

So how much would the CFC get if Portugal bought Spraggett? Hmmm.....

[Egidijus Zeromskis]

Re: Potential (?) New FIDE Transfer Fees

So how much would the CFC get if Portugal bought Spraggett? Hmmm.....

Probably he satisfies all 1.3 requirements (naturalization, >2 years, FIDE approval), thus the CFC will get nothing (0).

[Gary Ruben]

Re: Potential (?) New FIDE Transfer Fees

So how much would the CFC get if Portugal bought Spraggett? Hmmm.....

I don't know how it is with OTB chess. With CC, it's better for a player to play under the flag of Canada. There's less of us and the event becomes more representative of the international community.

Does Portugal allow players who were not born in that country to play on their Olympic team? I don't even know that.

[Bob Gillanders]

Re: Potential (?) New FIDE Transfer Fees

Probably he satisfies all 1.3 requirements (naturalization, >2 years, FIDE approval), thus the CFC will get nothing (0).

But, according to section 2.6: "The date of commencement of any period of residence shall be the day after the date of receipt by the FIDE secretariat of notification of change of Federation."

thus Kevin's residency in Portugal, in the eyes of FIDE, has not yet begun. But then according to another clause, the Compensation clause could be waived by the CFC anyway.

[Hal Bond]

Re: Potential (?) New FIDE Transfer Fees

I'm sure FIDE gets a cut of the action, although I don't see this stated. Anyhow it now looks like an Arab Emirate could buy a potentially gold medal winning team for the next Chess Olympiad, and at a relatively modest price. Shades of the NY Yankees in baseball. This may also give some of the elite GMs more leverage with their federations (Either you give me a decent appearance fee or I'm going to play for Qatar and you'll just get some Euros.)

I think you've nailed it Gordon, except for the FIDE part. Their cut is coming only from an increase in their notification fee.

Star players have started moving around more and the countries who invested in (helped build) these players want their due. I believe Karjakin is one of the cases in point. He wants to play for Russia.

[Bob Gillanders]

Notification fees, Transfer fees, and now Compensation fees!

That's a lot of fees! I always found there was much confusion about these FIDE fees. The name they give them don't help either, very confusing. To summarize the fees in this section:

Notification fee - Standard fee for anyone change federations. 250 Euros.

Transfer fees - additional fee only if player wants to change federation before satisfying residency requirements.

Compensation fee - this one is NEW. Fees are payable not to FIDE, but from the new federation to the old federation.

Please someone correct me if I'm wrong!

If you really want to understand the FIDE fee structures, you need to read the actual documents. So, thanks Ken for posting them. Relying on chesstalk posts alone, hmmmm...not recommended.:o

[Vlad Rekhson]

Re: Potential (?) New FIDE Transfer Fees

The rich man at the helm of FIDE has no understanding of money. 50,000 Euros to be paid by destination country for top GM! Thats about 80 G Canadian! Why not a cool 1 million?

I guess that they put those regulations at the top of the page to scare people off:) If you scroll a bit down you would see that the actual transfer fees for people who reside in the country are significantly lower than that.

[Ken MacDonald]

New FIDE Transfer Fees

Is it time to make an "investment" by "registering" all really strong players who reside in Canada (and agree) but are not "Canadians" as defined by FIDE? We probably can't afford to do so, in any event.

[William Yuan]

Re: New FIDE Transfer Fees

Is it time to make an "investment" by "registering" all really strong players who reside in Canada (and agree) but are not "Canadians" as defined by FIDE? We probably can't afford to do so, in any event.

Why don't do "made in Canada" instead of "importing" the chess players? Other federation can "made", why Canada can not?

[Ken MacDonald]

New FIDE Transfer Fees

Why don't do "made in Canada" instead of "importing" the chess players? Other federation can "made", why Canada can not?

I am sure you opened this topic for the general readers of CT and not in response to my comment.

Certainly, one can see I wasn't recommending that we import players, but I was (with a little humour) suggesting that we take advantage of our position as a wonderful country where strong players occasionally want to live. Since the new fees do not become effective until July 1st next year, there is a window to use the current, much lower, fees for those players who are here already.