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Procurement

FIFA imposes a ceiling on the procurement of agendas ATHENS 9,84

The data change in the football, stock market, as FIFA is preparing to set a ceiling of 6% on the commissions that managers receive from transfers.

According to a revealing publication of “Marca”, the World Confederation, in an effort to limit the power of the most powerful agendas around the world, is going to set a ceiling of 6% on the commissions they will receive for each transfer!

Starting from July 1, 2022, the revolutionary regulation comes to shake the stagnant waters in the football stock market and set new limits on the astronomical amounts received by managers during the transfer window. It is characteristic that the tax paradise that prevails at the moment around the commissions allowed the agendas to make a total turnover that exceeds 450 million euros for 2021!

But now FIFA has decided to weaken the biggest “players” in the world football scene and in fact it seems that it has already found a way to achieve it.

According to the relevant publication, in Zurich they created a new body called “Clearing House” which will act as a FIFA intermediary in transfers and will manage, among other things, the supplies that will not exceed the ceiling of 6%.

It is essentially a kind of revenue manager who will shoulder the proper and smooth distribution of money to each party involved. Provided, of course, that the managers will have the right to request a commission that will not exceed the allowed limit.

Andreas Chanias

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