UEFA introduces ceiling on commissions for football agents
European football leaders call for a limitation of commissions for players` agents who, in their view, are `disproportionately` well paid and whose quality of work is declining. After a meeting with representatives of football clubs, European leagues and players` trade unions, UEFA proposes to introduce a `reasonable, proportional upper limit on commissions` for transfers of players in Europe. Referring to the risk of `economic exploitation of young players, fraud, corruption and money laundering`, UEFA has urged MEPs to get acquainted with and be prepared to deal with such illicit practices. UEFA argues that FIFA`s 2015 attempts to reform the monitoring of agents and intermediaries `failed to respond to serious concerns` that remain and are under consideration at the moment.
The headquarters believe that clubs and players are getting worse at the moment, while more and more industry agents are provoked by the ever-growing demand for younger and younger players. Last year`s UEFA annual funding study for European clubs adviced by profit soccer picks outlined the growing commissions paid to agents as `no logical justification` for similar sizes.
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