International Group signs Funding of Interim Payments Agreement with the 1992 IOPC Fund

Friday, 23rd December 2016

On 21 December, the International Group Chairman (Hugo Wynn-Williams) and the Director of the 1992 IOPC Fund (José Maura) signed the agreement on the funding of interim payments that brings to a close over eight years of negotiations between the International Group and the 1992 IOPC Fund.

The Agreement on Standard Terms Relating to Interim Payments (2016) and accompanying terms and conditions sets out the basis on which individual Group Clubs and the 1992 IOPC Fund will agree to treat interim payments made by the two paying parties in the event of future 1992 CLC/1992 IOPC Fund incidents.