Would be awful. For starters they'd have to have a start date, where any transfers that happened before it are illegible for this. Can you imagine if they brought this in next season and Bale decides that he doesn't like living in Madrid? Someone could pay up the remainder of his contract and get him for about £10-20m depending on how much how really is paid. 1 season and they'd make a ridiculous loss. Same goes with other transfers.
Clubs would hate it as well. Take Newcastle for example. Colocini had personal problems at the end of last season and he wanted to go home (thankfully all sorted now though and he wants to stay), but we could have lost our captain and best defender for next to nothing. Cabaye could have gone to Arsenal for a lot less than what he's worth. Etc.
All it would do would make the bigger clubs even bigger. They'd do well for a season, and a top club would buy out their contract and take them, and without paying the transfer fee they'd have a lot more money to spend on wages, so they'd probably end up even more out of control. Which moves things on to the next thing. To keep a player, or to get a decent fee for them, you'd have to give them a fantastic contract. You'd then have to keep renewing said contract, probably adding more money or losing it through agent fees, etc, because otherwise their 'value' will drop every year.
Stupid idea really.
If successful, the move could allow players to serve notice on their contracts as other workers can.
In theory, that would mean a player would be able to tell his club he wanted to leave and hand in his notice. Another club could then pay up the remainder of the player's contract and he would be able to join them without a transfer fee being paid.
I copied the important bit above for those who can't be bothered to read it all. Basically, they want a new transfer system where the above is possible.
I don't really know what to think about it. For the players, it's good. It means they can pick and choose whether they want to stay at a club or not. Someone like Wayne Rooney could abuse that system because clubs are guaranteed to pick him up.
On the other hand, for a club, for fans, I see a lot of uncertainty, worry and paranoia. When a story comes out about a player not being happy, fans will be unsure whether they can keep their favourite player as he can just decide to leave even if he signed a 5-year-contract a week prior.
So I'm on the fence about it really. Any thoughts?
Thanks Taker_2004 for the banner!