Belgian Football Introduces Groundbreaking Financial Reforms
- malakitesports
- Oct 7, 2023
- 2 min read
Updated: Oct 13, 2023
Amateur football and futsal in Belgium are gearing up for a new era of financial stability and transparency. Voetbal Vlaanderen and ACFF have introduced significant financial reforms to support clubs in sustainable financial management. These rules aim to end the long-standing uncertainty surrounding social security contributions for amateur footballers and futsal players. These reforms will take effect from the 2023-2024 season, and clubs face a challenging transition period.
The Guardian of the Rules
Belgian football, through Voetbal Vlaanderen and ACFF takes the lead in creating a financial framework that secures the future of amateur football and futsal clubs. These new regulations, established by Voetbal Vlaanderen, are designed to assist clubs in managing their finances and meeting legal requirements. This includes a cap of 4,500 euros for premiums and the digital processing of payments, but implementing these changes may pose a challenge for clubs.
Malakite Sportsmanagement: Your Guide through Change
Malakite Sportsmanagement supports clubs during this financial transition. Malakite Sportsmanagement is hired by clubs to guide them in understanding and complying with the new financial regulations. Here are some ways Malakite Sportsmanagement actively supports clubs:
Expert advice: Malakite Sportsmanagement provides clubs with expert advice on how to best implement and leverage the new financial framework.
Administrative guidance: Managing financial data and contracts can be complex. Malakite Sportsmanagement assists clubs in managing written agreements and budgets.
Compliance with regulations: It is crucial for clubs to adhere to all provisions in the regulations. Malakite Sportsmanagement helps clubs understand and comply with the rules.
Digitalization of payments: Clubs must process payments digitally. Malakite Sportsmanagement assists with the transition to digital payment processes.
Central platform: Malakite Sportsmanagement facilitates access to the central platform where clubs can manage their financial data and load budgets.
The Challenge for Clubs
The transition to this new financial framework will undoubtedly pose a challenge for clubs, but with the support of Voetbal Vlaanderen and the expertise of Malakite Sportsmanagement, they can confidently confront these challenges. Contact us now and be ready for the deadline for the budget of 30th June 2024
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