Saturday, June 16
 

Association of Football Agents rejects income cap proposal

The Association of Football Agents tells FIFA that it would welcome more regulation as part of new transfer proposals but has rejected the idea of an income cap.

The Association of Football Agents has told FIFA that it would welcome more regulation as part of new transfer proposals but has rejected the notion of an income cap.

The world football governing body has set up a taskforce, which met on Monday to discuss new proposals, after president Gianni Infantino spoke of being "very concerned about the huge amount of money that is flowing out of the football industry".

Infantino's words follow claims that Paul Pogba's agent Mino Raiola is reported to have earned £23m from the French midfielder's £89m move from Juventus to Manchester United in 2016.

Proposed ideas from the meeting - which had 120 agents in attendance - reportedly included limiting an agent's fee to 3%, with the current average at 6.7%, and limiting the number of transactions that a club can sanction in the January transfer window.

"If everyone in football was capped, it would make sense," AFA chairman Mike Miller told BBC Sport. "Why pick on one group? Unless it is for football infrastructure or development, all money is going out of the game, including a manager's salary or to shareholders of a football club.

"The fact they came over from Switzerland was a big statement. Talk to most agents and they will say they are not paid enough. Often fees have to be shared around.

"To get a licence across Europe, you need to register in each country and if you use a local agent that's half your fee gone. The family can take part of the fee too. Agents are not properly rewarded for the time and effort they put in.

"There might be one or two big deals where agents earn a lot of money, but you shouldn't legislate based on the big outliers."

Premier League clubs paid agents £211m in the past year, an increase of £37m.

Share this article now:
Read Next:
Infantino: 'Racism can end WC games'
>

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Get the latest transfer news, match previews and news direct to your inbox!
Loading ...
Recommended Next on SM
Infantino: 'Racism can end WC games'
Live Commentary: Croatia 0-0 Nigeria
Result: Iceland hold Argentina to memorable draw
FA planning transfer changes after Brexit?

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Get the latest transfer news, match previews and news direct to your inbox!

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Loading ...

Failed to load data.

Select and display your favourite team's news and scores in this panel
X

We value your privacy

A part of our GDPR compliance we need to ask for your consent. We and our partners use technology such as cookies on Sports Mole to personalise content and ads, provide social media features, and analyse our traffic. Click below to consent to the use of this technology on Sports Mole.