Small clubs missing out around $300 million for nurturing young players - FIFA

Soccer Football - FIFA President Gianni Infantino Media Briefing - Shangri-La Bosphorus Hotel, Istanbul, Turkey - February 15, 2019 FIFA President Gianni Infantino during a media briefing REUTERS/Murad Sezer

ZURICH (Reuters) - FIFA says that soccer clubs around the world, many of them small ones in Latin America and Africa, are missing out on so-called transfer compensation of around $300 million (233 million pounds) for raising young players who go on to enjoy successful careers in Europe.

Under FIFA rules, the club where a player began his career is supposed to receive a percentage of the fee every time he is subsequently involved in an international transfer.