Football transfer agent fees surpass £500m for the first time as talk of introducing cap falls on deaf ears
Commissions paid by British clubs to intermediaries in 2019 fell by a third but the total across the globe exceeded the half-a-billion mark for the first time in history
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Your support makes all the difference.Agents' fees across the globe have climbed above the half a billion pound mark for the first time in 2019, although commissions paid in international transfers by English clubs fell by a third.
Data from world governing body Fifa’s International Transfer Matching System (ITMS) showed that $653.9m (equating to just over £500m) was spent on commissions to agents and intermediaries in the year to date.
That is already a 19.3 per cent increase on the whole of 2018.
Over 17,000 transfers have been completed in 2019, Fifa said, and 3,557 of those deals involved at least one intermediary.
Clubs in England, France, Germany, Italy, Portugal and Spain accounted for over 80 per cent of the total spend on commission, with Portuguese clubs spending almost half as much on intermediary fees as on transfer fees.
In England, the data showed that $103.6m (£79.4million) was spent on commissions on international transfers. That was a 33 per cent drop from 2018, where the figure was $156.1m (over £119m).
In October, the Fifa Council endorsed a recommendation from its football stakeholders' committee to put caps on intermediary spending.
It included limiting the amount an agent representing a selling club can receive at 10 per cent of the transfer fee.
It also proposed a cap of three per cent of a player's salary where an agent is representing a player, and three per cent of a player's salary where an agent is working on behalf of the buyer.
Roberto Branco Martins, the general counsel of the European Football Agents Association (EFAA), said in November that there had been "no consultation" between his organisation and Fifa.
Asked for his view on the proposed cap, Branco Martins said: "It is a red line.
"A cap on the fee is a disproportionate method. If normally you charge 10 per cent, and now you (can only) charge three per cent, people will find a way around the rules.
"The system would lead to under-the-table payments."
In the women's game, ITMS data showed that 242 deals registered since January 1, 2019 involved at least one intermediary, and spending on commission to intermediaries in the women's game has more than tripled compared to 2018.
The ITMS is used by all 211 FIFA member countries and over 7,500 professional clubs around the world.
PA
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