Lecture on New FIFA Agent Regulations
Introduction
- Speaker: Mario Flores
- Duration: 30-35 minutes
- Focus: New agent regulations and their practical implications
- New regulations available on FIFA website
Background
- Long process initiated in September 2019
- Approved by FIFA Football Stakeholders Committee
- Involves stakeholders: clubs, players, national associations, leagues
- Final draft approved in December 2022
- Licensing period started; full enforcement in October 2023
Licensing Requirements
- Worldwide license required
- Criminal record disqualifies applicants
- 75% passing mark on exam
- Continuous professional development required
Key Principles
One Agent per Party
- Every involved party must have their own agent
- Multiple representation generally forbidden
- Limited dual representation allowed under strict conditions
Commission Caps
- Engaging Club: 10% of transfer fee
- Player: 3% of gross annual remuneration
- Dual Representation: Up to 6%
- Sliding scale for remuneration under $200,000
- Payments to be made post-registration period, in installments
Client-Pays Principle
- Each client pays their own agent
- Exception for low-earning players (under $200,000)
Minor Players
- Agents cannot approach minors more than 6 months before they are eligible to sign
- Penalties include suspension and fines
Enforcement and Compliance
- Use of an online platform for agreements
- Clearing House for commission payments
- Presumption of illegality for unreported services agreements
Impact on Existing Agreements
- Agreements signed before December 2022 not subject to new regulations
- Transition rules for agreements signed before full enforcement
Challenges and Concerns
- Need for cultural change in football industry
- Complexity in understanding and applying regulations
- Legal challenges in various countries
FAQs and Scenarios
- Payment structures for player agents
- Representation in cases of contract extensions
- Compliance with minor player regulations
- Impact of other services agreements
Conclusion
- Presentation of legal services offered
- Contact details provided for further inquiries
Q&A Highlights
- Discussion on negotiation challenges and cultural shifts
- Technical details on contract and payment compliance
- Interaction between agents and clubs in practical scenarios
Note: This summary captures the essential points discussed in the lecture on FIFA's new agent regulations, aimed at providing clarity on the practical implications and regulatory framework.