Wits set to cash in if SA midfielder Phiri leaves Danish side Brondby

08 March 2017 - 15:03 By Nick Said
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A file photo of Bafana Bafana and Brondby midfielder Lebogang Phiri.
A file photo of Bafana Bafana and Brondby midfielder Lebogang Phiri.
Image: Brondby via Facebook

Bidvest Wits will be in for a windfall in the coming months if South African midfielder Lebogang Phiri leaves Danish side Brondby at the end of the season.

It is looking increasingly likely that Phiri will depart the club after failing to agree a new contract‚ with Brondby reluctantly admitting they would have to let one of their prized assets leave.

But their loss will be Wits’ gain‚ with Brondby set to receive a development fee of between 3-million and 4-million Danish Krona (R5.5-million-R7.5-million) as compensation for the 22-year-old.

Wits will receive a portion of that‚ though club CEO Jose Ferreira tells Times Media Digital that he is not sure of the numbers yet.

“As per FIFA regulations we are entitled to a portion of the development fee paid for Phiri‚” he confirms.

“We don’t know the figures yet‚ those must still be worked out.”

  • Brondby exit looms for Phiri after failed NY City attemptIt looks ever more likely that Bafana Bafana midfielder Lebogang Phiri will be leaving Danish side Brondby at the end of the season. 

FIFA calls these fees Training Compensation and they have been put in place to try and ensure that clubs are adequately reimbursed for the investment they have made in developing players.

Payments are due up until the end of the season in which the player has his 23rd birthday‚ which in Phiri’s case would be the 2017/18 campaign.

The amount to be paid is based on what the cost of developing the player was for a particular team‚ including everything from his salary or allowances‚ through to tuition costs‚ travel‚ medical expenses‚ housing and so on.

Teams receive compensation for the development of a player from the age of 12 to 23‚ and in the case of Phiri he joined the Wits development when he was 14‚ leaving for Brondby as an 18-year-old.

So the club should therefore be compensated for the four years he was with them.

  • Mixed fortunes for South African players in EuropeBafana Bafana midfielder Keagan Dolly had to settle for a place on the bench at the weekend as his Montpellier side let a lead slip to lose 2-1 at Nice in Ligue 1. 

Phiri was the subject of a bid from Patrick Vieira’s New York City in January‚ but Brondby did not allow him to leave‚ even as they admitted that it was unlikely he would be at the club into next season.

Phiri himself has stated he would like to stay‚ but has not been able to agree terms on a new deal and has resigned himself to continuing his career elsewhere.

The midfielder‚ who played for South Africa at the 2016 COSAFA Castle Cup‚ was injured in the first half of Brondby’s 3-2 loss to FC Nordsjælland.

- TMG Digital/TMG Sport

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