According to a report in the New York Times, FIFA are set to make radical changes to the way transfers are conducted between clubs.
FIFA President Gianni Infantino is said to be attempting to push through some proposals that will significantly change the way that clubs go about buying and selling their players.
One of the main motivations in adopting these proposals is to curb the rising cost in transfer fees over the last few years.
Five players have moved clubs for a fee of more than £100million in the last two years, with 12 costing more than £80million in the last decade (Football.London).
One of the main changes proposed by football’s governing body is to seek to directly limit the amount clubs would be allowed to spend on players.
They will reportedly go about doing this by setting up a new central clearinghouse that would be responsible for processing payments for all cross-border transfers, including commissions paid to agents.
Spurs Web Opinion
This kind of move was certainly a long time coming as the market seems to be getting crazier by the year. This proposal will certainly be good for clubs like Tottenham as they will be able to compete with the big guns in the transfer market. However, one has to wait and see if these rules are approved and then how FIFA go about enforcing them.
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