In 1893, Willie Groves moved from West Bromwich Albion to Aston
Villa for GBP 100. 124 years after this first transfer in the
football history, in 2017, Mbappe and Neymar received EUR 180 mio
and EUR 220 mio respecticely as transfer fees.
FIFA, the chief regulator of football, has constantly been
amending its rules to meet the sophisticated and complex needs of
this game. FIFA introduced the latest amendments on 10 September
2021 through its Circular No. 1769 (the "Circular"). The
Circular embedded the decisions adopted during FIFA's 71st
Congress on 21 May 2021. With these amendments, FIFA:
- consolidated the chambers performing the dispute resolution
functions under the umbrella of the FIFA Football Tribunal
("FT"); and