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Record high transfer fees in the summer window or there is something fishy going on
#1
According to the news, transfer spending around the world is at an all-time high this summer window, and FIFA is preparing to introduce new rules such as an agent's exam to regulate market behavior.
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One of the key aspects is reforming the rules for agent representation of underage players. Some agents have resisted the new FIFA exams and have even taken legal action to challenge the system. But FIFA is determined to take tough measures to ensure that agents are regularized and that clubs that use unlicensed agents are severely punished.

FIFA has already received 10,383 applications to sit the next agent exam in September, an increase of more than 4,000 on the first exam. This is the last chance to qualify before the licensing system is fully implemented on October 1st. Jane Kleiner, FIFA's Director of Football Regulation, told:- "For more than 20 years, the international player transfer system has been built on four key pillars, which were agreed by the European Commission in 2001. One of these is the protection of minors. Footballers enter the player transfer system at a very young age and they may have been transferred at a very young age. Protecting the vulnerable is at the heart of how we regulate soccer. "

"The FIFA soccer agent regulations are being challenged in the European Court of Justice. Even the special regulations that FIFA wants to implement to protect minors have come under fire. It's hard to understand, but it's a reality that FIFA is facing litigation."

FIFA is upset that agents are "allowed to play for more than one side in a single transfer, as well as trading revenue caps." With so many underage player transfer breaches having occurred in the past, resistance to the underage player agency rules is almost impossible to win.

Kleiner insisted that clubs face potential transfer bans if they use unlicensed agents, but he also emphasized the importance of the new rules. He added: "I can say categorically that we will always enforce these rules in a reasonable and proportionate manner, but we will impose strong sanctions if required." Brokerage commissions are heading towards record-breaking figures, and there are fears that this will create more unforeseen risks.
Pillay, FIFA's head of agents, said:- "Commission figures are definitely higher globally because FIFA only receives the agency fees paid by clubs in international transfers. Recent fees could increase even further as for some agents this could be the last chance to collect high commissions."
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