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There appears to be a trend among the top teams in Europe to pay former clubs far more than the FIFA training compensation system obliges them to pay. The fee for players until the age of 15 can normally not exceed more than 40,000 EUR according to FIFA regulations but nevertheless clubs are willing to pay former clubs a lot more. For a player like Nabil Touaiz who apparently is 15 years at this moment the normal fee would be 40,000. The media have reported that Manchester United will pay Valencia a (training) compensation of 300,000 EUR and possible up to 2 million in the event the player makes it to City's first team. Another spanish player chased by City is 15 year old Richard Dionkou. It's not unlikely that Mallorca will try to squeze out a better deal.
Apparently top clubs are willing to pay 'extra' in order to keep the maintain a working relationship with the former club and in order to keep the situation around the player stable. In Englang training compensation is not settled via a fixed scheme but first of all clubs have to try to reach an agreement. If no agreement is reached the fee is settled by the Professional Football Compensation Committee. In 28 April 2016 this committee awarded £6.5m training compensation to Burnley for Danny Ings who was 22 and out of contract when he signed with Liverpool. An amount more than 10 fold the FIFA TC in the event of an international transfer. In the light of such payment(s) the reported amount of £ 175,000 that Manchester City and Southend appear to have agreed upon for 13 year old Finley Burns is maybe not so crazy.