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FIFA Plans to Reform Agent Fees & Player Signing Loans

World football governing body (FIFA) have announced plans to reform the transfer system, including limiting agents' commissions and the number of players clubs can send on loan.

FIFA's Football Stakeholders Committee, will submit its recommendations to the FIFA Council ahead of its next meeting on October 24.

The reduction on agents' fees would limit prospective clubs paying less to agents 10 per cent of the fee they receive for selling a player.

In addition to this, players' agents would be able to receive up to three per cent of the remuneration a player receives from a transfer.

While buying clubs in a transfer will be prevented from paying agents acting on their behalf more than three per cent of the remuneration the player received from the deal.

The committee is also expected to advise FIFA to prevent agents representing multiple parties in a transfer in a bid to prevent conflicts of interest.

They also want to see the reintroduction of a mandatory licensing system for agents, as well as the establishment of a resolution system to solve disputes between agents, players and clubs.

Currently, FIFA is in the process of creating the FIFA Clearing House, which would oversee the payment of all agents' fees.

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