Commisions reach new heights

Spending on commissions to agents involved in the transfers has reached a record high of $653.9 million this year, FIFA said in a report published Wednesday.

FIFA said that 80% of the total -- which was already 19.3% more than during the whole of 2018 -- was paid by clubs from Italy, England, Germany, Portugal, Spain and France combined.

FIFA is planning to place a cap on agents’ fees as part of a wide-ranging reform to the transfer system.

In October, the FIFA Council approved a proposal to limit the amounts to 10% of the transfer fee for agents of releasing clubs, 3% of the player’s remuneration for player agents and 3% of the player’s remuneration for agents of buying clubs.