The world governing body for football, FIFA has recommended a cap on agents’ commission, while also calling to put a limit on loans for player acquisition.
As part of the ongoing process to reform the transfer system, and after a continuous consultation period, FIFA’s Football Stakeholders Committee today endorsed a series of key steps to protect the integrity of the system and prevent abuses. In particular, the committee recommended the introduction of a cap on agents’ commissions and a limit on loans of players.
The Football Stakeholders Committee on Wednesday has agreed to the following key measures:
Ø Establishment of a cap on agents’ commissions (10% of the transfer fee for agents of releasing clubs, 3% of the player’s remuneration for player agents and 3% of the player’s remuneration for agents of engaging clubs); and
Ø Limitation of multiple representation to avoid conflicts of interest.
These new measures concerning agents come on top of several proposals already endorsed last year and currently being developed by the FIFA administration.
Also Read: Inside FIFA Football Conference 2019
The committee in particular has recommended reintroduction of a mandatory licensing system for agents, which will include further education measures and a requirement for continuing professional development.
In other measures, all agents’ commissions will be paid via the FIFA Clearing House, which is currently being developed; an effective FIFA resolution system will adopted to solve disputes between agents, players and clubs.
Ø to prevent player hoarding and ensure that loans have a valid sporting purpose for youth development as opposed to commercial purposes, limitations on international loans of players aged 22 and older;
Ø as of the 2020/2021 season, a limit of eight international loans in and out, going down to six by the 2022/2023 season, with a maximum of three loans in and three loans out between the same clubs.
The measures endorsed by the Football Stakeholders Committee will be submitted to the FIFA Council at its next meeting on October 24.
Several other decisions taken by the Football Stakeholders Committee and the FIFA Council last year and some key initiatives to reform the transfer system are already being developed and will be implemented soon.
The FIFA Clearing House will ensure automated payment of solidarity contributions and boost the amount duly paid to training clubs while improving the transparency of the whole system.
Solidarity contributions will be paid on domestic transfers with an international dimension.
The Task Force Transfer System established by the Football Stakeholders Committee continues its work, particularly with ongoing discussions concerning training rewards, squad sizes, transfer windows, fiscal regulations and rules about minors.