× Sports Football Rugby Olympics Volleyball and Handball Cricket Boxing Golf Hockey Tennis Gossip & Rumours Basketball Athletics Premier League Eliud Kipchoge Women in Sports Unique Sports Motorsport Sports Health Videos Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

FIFA to change transfer rules

FOOTBALL By Reuters | September 26th 2018 | 2 min read

FIFA has moved closer to a reform of the transfer system after a key committee backed proposals to restrict loans and limit agents’ fees, the global soccer body said on Tuesday.

The stakeholders committee, featuring representatives from clubs, leagues, players and national associations, also approved a plan to create a clearing house to process transfers, following a meeting in London.

However, it did not mention a proposal in a white paper produced by its transfer system task force — which was seen by Reuters earlier this month — to create an algorithm to calculate transfer fees.

FIFA said it was agreed that loans should be used for the “purpose of youth development as opposed to commercial exploitation” and there should be a limit on the number of loans each club could make in a given season.

The committee also supported “new and stronger regulations for agents” including limits on how much they could earn and on how many different parties they could represent in a given transaction.

FIFA said the clearing house would be to “process transfers with the aim of protecting the integrity of football and avoiding fraudulent conduct.”

“We have brought everyone to the table and all key actors of the industry have understood that we need to take action, leading today to this reform proposal,” said FIFA president Gianni Infantino in the statement.

“This is a significant first step towards achieving greater transparency... and developing a consensus on how to tackle the issue of agents, loans and other key aspects of the transfer system.”

Share this story
Real Madrid star leaves hospital after surgery
Real Madrid star leaves hospital after surgery
What 2022 holds for title-hungry Kenyan athletes
It remains to be seen if stars Kipyegon, Kipchoge and Jepchirchir will continue with the good shows.