According to the above document, FIFA has confirmed that player Mammadou Guirassy has been paid his debt from Khanh Hoa Club.
To date, all proceedings related to the club have been closed and the ban on player transfers for the team has also been lifted. From this announcement, FIFA also requested the Vietnam Football Federation to immediately lift the ban on Khanh Hoa Club.
In early August 2024, FIFA announced a ban on Khanh Hoa Club from registering players in 3 transfer periods, and sent this decision to both the club and VFF.
According to FIFA's announcement, Khanh Hoa Club is obliged to pay Mamadou Guirassy 26,000 USD in compensation for breaking the contract determined without a legitimate reason (with interest).
Due to the delay in full payment, FIFA applied the disciplinary measure "banning new player registration" to Khanh Hoa Club. At FIFA's request, VFF was forced to implement this disciplinary measure.
In August, Khanh Hoa Club sent letters to VFF and FIFA to explain the incident. Accordingly, the club needs to wait for Guirassy to complete his visa extension to pay the remaining amount, thereby being able to have his international ban lifted.
Khanh Hoa Club competed in V-League 2023-2024, but had to be relegated to the first division. The club has had financial difficulties over the past year, most recently owing a bribe fee and three months' salary, leading to many players going on strike.