Token Statuses
To find out what happens after a player transfers.
Last updated
To find out what happens after a player transfers.
Last updated
The Club Transfer Token (CTT) statuses represent the different stages a token goes through from the time a player's transfer is confirmed until the corresponding dividends are distributed or the token's lifetime ends.
When a tokenized player is transferred, either by activating the FIFA Solidarity Mechanism or out-of-contract (free), the token changes status to reflect the event and determine the next steps to be taken. In the case of a transfer that activates the Solidarity Mechanism, the distribution of benefits proceeds. On the other hand, if the player goes free, the token ends its life cycle.
The status system ensures an orderly, transparent and clear process for all involved, guaranteeing that they are well informed at every stage and that the benefits are distributed fairly.
1οΈβ£ Transfer confirmation
2οΈβ£ Player Data Validation
3οΈβ£ Transfer Value Confirmation
4οΈβ£ Dividend collection
Each is explained in more detail below:
Once the onerous transfer of the player has been confirmed and made official, WIN will communicate to the investors and initiate the post-transfer process.
This status is supported by the generation of the Provisional Electronic Sports Passport (E.P.P) in the FIFA TMS.
The parties involved, i.e., clubs and soccer federations, verify and/or add information to the Provisional EPP.
The FIFA General Secretariat will validate this information with all parties, evaluate the requests and make a decision. This will determine the Final P.P.E. which will serve as the basis for generating the Allocation Order.
Once the Final P.P.E. is determined, FIFA sends the Allocation Order to the FIFA Clearing House and communicates this document to all parties involved.
During this stage, it is necessary to wait for FIFA to validate the information in order to proceed with the next step of the process.
Once the player's information has been validated by FIFA, WIN announces the final value of the transfer and calculates the revenue to be distributed to the investors. This calculation is made on the basis of the final transfer valuation, ensuring full transparency in the process.
In this state, you will be able to visualize:
The player's transfer value.
Returns generated for investors.
Estimated distribution dates.
The specific amounts that each investor will receive depending on the tokens purchased.
In addition, WIN will be available at all times to assist investors, resolving any doubts or queries about the income or transfer, ensuring a clear and satisfactory process for all involved.
Dividends are distributed among the investors. Dividends are calculated based on each investor's participation in the Player's Public Offer.
Once the dividends have been distributed, the tokens will no longer be valid to receive new earnings from future transfers (unless the player has been transferred on loan, in which case the token will remain active).
For more details about this stage go to the next section:
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