New FIFA Football Agent Regulations Set To Come Into Force

Date:

The new FIFA Football Agent Regulations (FFAR) will come into force on Monday, 9 January 2023, following the approval by the FIFA Council in December 2022. This marks a landmark step towards the establishment of a fairer and more transparent football transfer system.

The new regulations introduce basic service standards for football agents and their clients, including a mandatory licensing system. The prohibition of multiple representation to avoid conflicts of interest, and the introduction of a cap on agent fees, all with the objective of reinforcing contractual stability, protecting the integrity of the transfer system and achieving greater financial transparency.

While the processes for obtaining a licence under the FFAR will come into force next Monday, there will be a transition period ahead of the obligation to only use licensed football agents and the cap on agent fees, which will happen on 1 October 2023.

The FFAR were approved by the FIFA Council at its meeting in Doha in December 2022 following a very robust and open consultation process carried out by FIFA since 2018 and involving all key international football stakeholders. FIFA’s consultation and reform process for the FFAR as a whole was, and is, publicly accompanied and supported by various institutions and bodies.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Table Tennis: Aruna Quadri Beats Japan’s Harimoto To Reach WTT Singapore Smash Quarter-Final

Aruna Quadri has qualified for the quarter-final of the...

OpenAI Announces GPT-4 The Next Generation Of Its AI Language Model

After months of rumors and speculation, OpenAI has announced...

U-20 World Cup: Nigeria’s Flying Eagles Placed In Pot 3

The Flying Eagles of Nigeria have been pitted in...

FG SEEKS THE RETURN OF NIGERIAN DETAINEES IN ETHIOPIA.

Concerns have been raised by the Federal Government regarding...