UEFA considers cap on agents fees to stop financial ‘hostage’ taking

uefa flag

January 24 – UEFA is considering imposing a cap on agents’ fees following a meeting of its Professional Football Strategy Group.

The body, which comprises all the main stakeholders in European football, discussed a range of new initiatives at a summit at UEFA headquarters on Tuesday ahead of today’s inaugural Nations League draw.

The subject of agents’ fees has rocketed back into the spotlight following reports that the representative of Alexis Sanchez wanted £15 million as part of the striker’s move from Arsenal to Manchester United.

A statement from UEFA read: “The PFSC endorsed a joint position on football agents/intermediaries, which is designed to shape policy change in this regard by potentially adding a cap on fees, introducing more transparency/accountability, and appropriate sanctions in case of infringement of the rules.”

UEFA said FIFA’s attempts in 2015 to reform monitoring of agents and intermediaries “failed to address serious concerns.” Clubs and players now get poorer service, the governing body said, while more agents working in the industry have driven demand to recruit even younger players.

Financial Fair Play, squad size limits, and a “transfer tax” were also examined at the meeting.

UEFA president Aleksander Ceferin told the Daily Telegraph that clubs say they have been held “hostage” by agents.

Contact the writer of this story at moc.l1606968106labto1606968106ofdlr1606968106owedi1606968106sni@w1606968106ahsra1606968106w.wer1606968106dna1606968106