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FIFA reveals plan to restrict loan deals

FIFA reveals plan to restrict loan deals and reinstitute agent regulation

September 25, 2018 By Emmanuel K. Budu-Annor
While the activities of player agents will be monitored, teams will be required to cut short the number of players they send out on loan.

The days of clubs sending multiple players on loan as well as paying mammoth fees to player agents could be over soon with FIFA set to adopt regulations. The world football governing body is working on a proposal which will see the number of players allowed to leave a football club on loan limited drastically while setting a threshold for the amount of money clubs can pay as agent fees.

The Football Stakeholders Committee, a body of FIFA which consists of representatives from league, clubs and the worldwide players' union Fifpro, congregated in London on Monday to ordain recommendations which will put transfer dealings under the microscope. The need to reestablish a licensing system for agents similar to the one which was abandoned by FIFA in 2015 due to extensive denunciations was also on the agenda.

A statement by FIFA as quoted by Guardian asserts that the committee had "endorsed principles" for "new and stronger regulations for agents to be established, with agreement on the principle of introducing compensation and representation restrictions."

FIFA president Gianni Infantino also revealed that the agreement was "a significant first step towards … developing a consensus on how to tackle the issue of agents, loans and other aspects of the transfer system."

Between the summer transfer window of 2017 and 2018's winter transfer window, the 20 Premier League clubs alone spent £211 million ($278 million) as payments to agents. An estimated £1.3 billion ($1.8 billion) is also said to have been recorded as the fees paid by European football clubs to agents in only 2017.

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