Plans to reform the transfer system have been drawn up by FIFA, including the introduction of a cap upon agents’ commissions, and restrictions on the number of loan players.
Under the proposals, agents’ fees would be limited to a maximum of 10% of the fee that a selling club receives for a player. Additionally, they could earn up to 3% more of the amount that a player receives from a transfer.
For their part, buying clubs in a transfer will not be able to pay agents acting on their behalf more than 3% of the remuneration that a player receives from a deal.
In another development, to prevent conflicts of interest, the same agent will not be able to act for more than one party in a deal.
The loan system would also be reformed with clubs limited, from the 2020.20121 season to eight international loans in and out of the club in a season, dropping to six two years later.
The proposals will be voted on by the FIFA Council at its next meeting on October 24th.
Andy is an exiled English football fan living in Cyprus. He loves all sports but football is his abiding passion, and he still has dreams every now and then about scoring the winning goal in a Wembley Cup Final, even though his playing days are long gone. He follows most major leagues, across Europe at least, and has a favoured team in each. When he’s not watching, listening, reading or downloading podcasts about football, he spend his time worrying about his beloved Arsenal.