“ new regulations To introduce key service requirements for soccer managers and their purchasers, together with a compulsory licensing system, the prohibition of a number of representations to keep away from conflicts of curiosity, and a cap on agent charges to strengthen contract stability and keep integrity. guarantee larger monetary transparency”.

Representatives earned roughly $623 million in commissions final 12 months, a 24% enhance from 2021. FIFA said in December.

FIFA hopes to restrict the excesses of a permissive business The late Mino Raiola From the €105 million ($111 million) deal that took Paul Pogba to Manchester United in 2016 to earn 27 million euros ($29 million) from Juventus. He paid a further sum to the participant and his new membership, Raiola. The French midfielder returned to Juventus final July.

Agent commissions on transfers and salaries can be capped at 3% when representing the participant and 6% if the participant and shopping for membership have twin illustration, whereas agent earnings can be capped at 10% when appearing for the promoting membership.

FIFA mentioned it should publish the supervisor’s shopper lists, company expiration dates, and particulars of all transactions “together with service charge quantities paid to soccer managers”.

Brokers should cross an examination to be licensed. FIFA mentioned there can be a transition interval “earlier than the requirement to make use of solely licensed soccer managers and the cap on supervisor charges” that can happen on 1 October.

The governing physique describes it as “an vital step in the direction of establishing a fairer and extra clear soccer switch system”.

Extra AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports