Football agents fear ‘wild west’ as Fifa reforms seek to cap fees

It’s goodbye agents, hello ‘intermediaries’ under new rules deregulating licensing to individual countries but some fear this could lead to less, not more, oversight

• Agents made £155m on international deals in 2014, Fifa reveals

Not many people empathise with football agents. Often depicted as the embodiment of the game’s post‑1992 years of excess, those who help broker transfers and secure lucrative contracts for their clients may find sympathy hard to come by even if controversial new regulations could potentially reduce their future income.

As of Wednesday, Fifa will no longer be responsible for an industry worth billions, the governing body deregulating a business that, it claims, is rife with underhand and unlicensed transactions across the world. In an attempt to increase transparency, it will be the duty of each national association to supervise agents and a licensing system that has been in place for years will end.

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source Sport | The Guardian http://ift.tt/1xU7vNt