• Today
    February 22

  • 07:16 PM

Football agents threaten to sue FIFA

REUTERS,

Added 23 January 2020

fifa-logo-new

LONDON – Leading football agents are threatening legal action against world body FIFA over plans to cap their commission from transfers, British media reported on Wednesday.

FIFA announced last September a cap that would limit agents of the selling club to 10 per cent of the transfer fee, and 3 per cent of the player’s fee for agents of the buying club.

The soccer body said in December that commissions paid to agents involved in international transfers totalled a record $653.9 million last year, four times more than they earned in 2015.

Those attending a meeting of the Association of Football Agents (AFA) in London on Wednesday were clear in their opposition to the move.

“If you ask players what they want, they are in favour of agents. There are never complaints about agents’ fees from players,” the BBC quoted Jonathan Barnett, who represents Real Madrid forward Gareth Bale, as saying.

“We will try until the last minute to resolve the problem but rest assured, if necessary we will go to every court in the world.”

Others attending included Mino Raiola, who represents Manchester United’s Paul Pogba and former Sweden international Zlatan Ibrahimovic, and Cristiano Ronaldo’s agent Jorge Mendes.

Mel Stein, the AFA life president, said a united policy had been agreed.

FIFA said the soccer body was “aiming for a system of balanced and reasonable regulation, instead of the law of the jungle currently in place, with conflicts of interests rife and exorbitant ‘commissions’ being earned left and right.”

“FIFA is currently developing these proposals to be turned into regulations,” it added in a statement on its official website (www.fifa.com).

“This work is done in consultation with the football stakeholders, including agents’ representatives.” (Reuters)

 

JOIN THE DISCUSSION

Dos and Donts


Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus

POLL

Do you agree with the decision to move the fire station from Bridgetown?

Yes
No

FRONT COVER OF TODAY'S NEWSPAPER

CARTOON

INSTAGRAM