Agents in crisis over FIFA’s earnings cap
football agents will hold a crisis meeting in a bid to combat fIfa plans to cap their earnings from player transfers.
fIfa are proposing a three per cent limit for an agent’s cut on a deal, part of a range of much-needed measures to regulate middlemen.
Consultations at fIfa are ongoing but Mike Miller, chairman of the association of football agents, is sufficiently concerned to encourage his members to attend a summit in barnet on Wednesday, which fIfa delegates will attend.
His email to agents read: ‘Did you know fIfa is considering new rules that will put a mandatory cap on how much you can earn from player’s transfers? that’s right: a mandatory cap. that will affect every single agent and intermediary.’
Miller, a former bbC head of sport and World Rugby CEo, believes agents are being singled out, arguing such measures do not exist in other cases where money goes out of football.
fIfa’s attempts to bring order to the business of football agents, having passed the buck to individual countries to regulate them in 2015, will be welcomed by many in the game.
other proposals include players paying all agency fees, rather than clubs, and an end to the loophole that allows agents to represent both player and club in a transfer.
Mino Raiola’s £41million cut from Paul Pogba’s move to Manchester United from Juventus in 2016 was the transfer that kick-started fIfa into taking control of agents.
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