Understanding Basic Contractual Terms: The Difference Between Liquidated Damages and Buyout Clauses.
Editorial, Football LegalWhen FIFA introduced the latest amendments to the Regulations on the Status and Transfer of Players (RSTP), one of the most misunderstood reforms concerned the distinction between liquidated damages clauses and buyout clauses. While both clauses involve predetermined financial consequences arising from contractual termination, from a legal standpoint, they serve fundamentally different functions. This article, […]