News Round-up:Future Ireland managers will have less time to work with their squads as a result of the deal between football's international governing bodies and Europe's leading clubs, some details of which were unveiled yesterday.

Under the terms of the agreement - which has resulted in members of the G14 group dropping support for legal action against Fifa and Uefa, and prompted an outbreak of back-slapping between the camps - clubs will receive a share of the profits from international tournaments. Also, efforts will be made to ensure the number of qualifying games is restricted, and midweek matches switched from Wednesday to Tuesday.

The latter change will delight clubs who have long complained that their players often miss training sessions and are still tired by the time Saturday games come around. The leading sides have taken to flying players home by private jet, but even this does not enable them to take a full part in training on a Thursday.

The change will mean international managers will have a day less to work with players ahead of friendly internationals, however, and less time for travel or recovery after the first outing of Saturday/midweek double-headers.

A Fifa spokesman said yesterday it has not yet been decided whether the regulations will come into effect for the coming World Cup campaign, but, given the other terms of the agreement take effect almost immediately, it seems likely to be the case.

Among the other concessions made by the federations is an agreement that clubs will only have to release players to associations for a maximum of two friendly games played outside the continent of the national team in question.

The regulation would not be expected to have much of an impact on European associations, whose friendly games are generally played within Europe. It may well have consequences for Asian, African and, particularly, South American associations, though.

Chief among the financial terms of the settlement are the provisions relating to the payments of daily fees to clubs whose players are involved at major finals. In effect, clubs whose players take part at this summer's European Championship will divide €43.5 million between them, with the "per player per day" figure expected to be around €4,000.

The figure for 2012 is expected to rise to about €55 million, while the amounts to be paid by Fifa in respect of the 2010 and 2014 World Cups come to roughly €28 million and €48.5 million respectively.

The G14 have voluntarily disbanded under the terms of the agreement, with a new, broader organisation - the European Club Association (ECA) - established in its place. Less powerful leagues, like Ireland's, will be represented by one top-flight club at the new body, which will have 100 members at any given time.

As the club with the best European record of all premier division outfits over the past five seasons, Derry City are in line to be the League of Ireland's first representatives.

Though it will take some months to get fully up and running, the ECA was formally launched yesterday in Nyon, Switzerland, where its first chairman, Karl-Heinz Rummenigge, hailed the agreement. He insisted that under its terms "everybody is a winner", while Uefa president Michel Platini described it as "historic".

While Europe's leading clubs will benefit from the deal, though, the full implications for organisations like the FAI have yet to be clarified.

On the one hand, the loss of revenue to Uefa and Fifa would seem certain to affect the federations' ability to provide grant aid to affiliates, but part of the money to be paid to clubs is, ostensibly, earmarked to cover the cost of insurance against players getting injured while on international duty.

FAI officials expressed the hope yesterday that this might mean lower insurance costs for them.