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FIFA Reveals Football Agents Pocketed $650m from International Transfers in 2019

FIFA (Photo Credit: News18 and FIFA)

FIFA (Photo Credit: News18 and FIFA)

FIFA revealed that player's agents made more than $650 million in commissions from international football transfers in the year 2019.

Zurich: Football player agents took more than $650 million in commissions from international transfers in 2019 - a near-20 percent rise, FIFA said Wednesday.

FIFA published the annual figures amid a dispute with agents about proposed limits on their fees due to take effect in 2021. FIFA has approved capping fees from transfers at 10 percent, and 3 percent of player salaries.

Some agents have said they were not properly consulted about the changes, which FIFA has worked on over several years.

FIFA said the latest figures amount to an annual record. They do not include fees from transfers when a player moved between two clubs in the same country, such as Barcelona buying Antoine Griezmann from Atletico Madrid.

FIFA figures show more than 80 percent of all commissions from players moving in cross-border transfers were paid by clubs from Italy, England, Germany, Portugal, Spain and France.

first published:December 05, 2019, 08:31 IST