Fifa moves to restrict agent fees and overseas loan deals
A cap on agents’ fees and new limits on international loan deals are close to being launched by Fifa as part of long-awaited efforts to regulate the transfer market.
The restriction on international loans is specifically targeting Europe’s biggest clubs to “prevent player hoarding and ensure that loans have a valid sporting purpose for youth development”.
In a separate effort to loosen the grip of so-called “super agents”, Fifa has agreed they should receive a maximum payment of 10 per cent from any transfer fee.
The Premier League paid out more than £260million to agents last season, an increase of £49million on the previous 12 months.
The Premier League is exploring a number of options to make dealings more accountable, including a potential ban on “dual representation”, which enables players to pay a lower rate to agents, who then top up their profits by sending invoices direct to clubs.
The new Fifa recommendations from the football stakeholders committee will go to the Fifa council meeting on Oct 24.
It is likely to see players aged 22 and over limited to eight international loans in and out.