Players Rewards Fund
The Players Rewards Fund
The Players Rewards Fund ("Thuker") was established in 2017, the product of the vision of the Qatar Players Association’s proposal to establish an alternative pension system to that of the State pension system, to secure a better future for the professional football players, to provide financial support during a player’s football career as needed, and to ensure players’ smooth transition from football to other careers.
After eight months of negotiation, a tri-party memorandum of understanding was entered into by the Qatar Football Association, Qatar Players Association, and Qatar Stars League, based upon which the Players Rewards Fund (Thuker) was established.
The Players Rewards Fund’s (Thuker) primary aim is to secure players’ financial future and ensure their seamless transition from their football careers to other fields and endeavors, particularly given to the fact that professional athletes and football players are not covered by the State pension fund. Therefore, the Players Rewards Fund (Thuker) will operate as an alternative system until the time professional athletes are included in the State’s pension scheme. The Players Rewards Fund’s (Thuker) objectives are:
"Based on our belief that players are the backbone of football and their future should be secured for them to thrive, the Qatar Football Association, Qatar Players Association and Qatar Stars League came together to establish the Players Rewards Fund (Thuker) with the goal of securing players financially for their life after football.
Football players face difficulties in transitioning to new careers, especially after the end of their football career, from a financial perspective. Players throughout previous generations have faced financial difficulties due to the lack of a pension and rewards systems that would have enabled players to further their livelihoods after football. Even though there were many attempts to come up with such systems to resolve this issue, they were not as effective as envisioned.
Nevertheless, our focus was on finding a solution that would fill this void in the system, and through the cooperation amongst the football organizations we have been able to create a system that will be serving the players directly and will secure their financial future. Considering the tenure of a player’s career, we believe that the Players Rewards Fund (Thuker) is going to enable the players to focus on their game without having to worry about their future."
The Players Rewards Fund (Thuker) is an alternative system to the State’s pension scheme, a scheme that does not cover professional athletes, in general, nor professional footballers, specifically. Thuker Fund provides financial rewards to be paid to the players once they reach the end of their football career based upon the contributions deducted from the players throughout their career.
The Players Rewards Fund (Thuker) system covers all football players with contracts registered at the Qatar Stars League.
The Players Rewards Fund (Thuker) contribution is divided into two parts: the first is a monthly 6% contribution from the player’s salary, and the second is an annual 3% contribution from the player’s annual advance.
The player will be paid back all the contributions made (less the admin fees of 1%) together with a reward for each year of service as a professional player, as follows:
The Player may take advantage of the following privileges during his service:
Once the player knows the date in which he will retire, he should contact the fund’s administration and fill-in the approved forms, after which the calculation will be shared and the entitlements will be paid.
The player can benefit from Thuker Fund services by contacting the fund administration and filling in the approved forms for each service.
You can read Thuker regulation by visiting this link.
The player may contact the fund administration through:
Email: [email protected] - Tel: 4491 3355, Fax: 4491 3356