Tuesday December 5, 2023

FIFA Caps Agents’ Pay After $623M Year

  • FIFA is revamping soccer agent fee structures and introducing new mandates.
  • Agents earned $623 million from teams in 2022.
FIFA
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FIFA is set to make broad changes to how agents operate within the global soccer ecosystem.

The global governing body will introduce commission caps and regulatory changes on Monday after agents pocketed $622.8 million from clubs in 2022, a 24.3% increase from the previous year.

  • Agents will be limited to a 3% commission on transfers over $200,000 and 5% under that threshold.
  • All transactions must be made public.
  • Agents will be required to go through a licensing process, and new agents must take a test and pay an annual fee. 
  • Multiple representation that could present conflict of interests will be prohibited.

The changes were approved at a FIFA Council meeting in Doha last month.

ICM Stellar Sports chair Jonathan Barnett has previously threatened legal action against the changes.

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Super League Lingering

Meanwhile, FIFA could be getting some new competition for top-tier soccer matches. 

The breakaway European Super League is still seeking a path forward. That could hinge on a court decision as to whether UEFA’s promise to ban teams and players from its competitions for joining the Super League represents illegal monopolistic action.

Barcelona president and Super League backer Joan Laporta said that the league could launch by 2025 if it’s successful in court.

Aleksander Ceferin, perhaps the key figure in defeating the Super League’s first attempt to launch in 2021, is running unopposed for a third term as UEFA president.

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