FIFA to introduce cap on fees in widespread agent rule changes

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The sport’s governing body FIFA said on Friday that next week it will introduce sweeping rules changes to how football agents operate, including caps on the transfer commissions they can receive and the introduction of an examination.

The fees paid by clubs for the services of intermediaries in 2022 was $622.8 million, FIFA said last month, a 24.3% increase in their spending on fees compared to 2021.

Following approval of the changes at a FIFA Council meeting in Doha, agents can charge a maximum commission of 3% for any transfer above $200,000 and 5% for deals under $200,000.

Under the new rules, which go into effect on Monday, agents must also make all transactions public, allowing fans to see how much they have been paid for deals.

Other major changes include the introduction of a compulsory licensing system and a ban on multiple representations to avoid conflicts of interest.

Those wishing to become agents now must follow a strict process, including the requirement to pass a FIFA exam, and then pay an annual fee to the governing body.

“This is a historic step towards establishing a fairer and more transparent football transfer system,” FIFA said in a statement.

“The new rules introduce basic service standards for football agents and their clients, all aimed at strengthening contractual consistency, protecting the integrity of the transfer system and achieving greater financial transparency.”

Leading agents have expressed disapproval over offers in the past. Jonathan Barnett, president and founder of ICM Stellar Sports, which represents many top players, previously threatened legal action if the rule changes were implemented.

The text of this story is published from a wire agency feed without any modification.

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