Fifa is planning a crackdown on agents being allowed to represent both player and a club in deals,
Such a move would see the intermediaries lose out on tens of millions of pounds.
The world governing body has confirmed to The Times that it is proposing to ban dual representation for all deals where the player involved earns more than $200,000 a year . Leading agents are up in arms and are planning Europe-wide legal action.
In the new regulations due to come in 2022, FIFA will demand compliance with certain requirements to obtain the agent’s license, the rights and obligations will be marked, there will be sanctions, the representation of minors will be regulated.
The new rules are set to impose a series of limits on the commissions to be received by agents: A) 10% calculated on the amount of the transfer for agents acting in favor of the selling club. B) 3% calculated on the player’s salary in favor of those agents acting on behalf of a player. C) 3% calculated on the player’s salary in favor of those agents who act on behalf of the acquiring club. All payments will also have to be made through the Clearing House.