FIFA: Agents increase cut of transfer deals
FIFA says soccer agents are taking a bigger cut from
international player transfers, even as trading in the
billion-dollar market fell by $290 million in 2012.
Player representatives took $163 million in fees from clubs, at
28-percent average commission, while their total from cross-border
transfers rose $33 million last year.
FIFA’s online Transfer Matching System reports that ”2012
witnessed a greater involvement of intermediaries” when players
move between clubs from different countries.
FIFA processed English clubs paying $59 million to agents in
international deals. In 2012, agents were paid commissions from 706
international transfers, a 19-percent increase.
Agents’ income soared despite FIFA logging a 10-percent drop in
total value of international transfers, worth $2.53 billion.
Agents also banked payments from players that FIFA’s system