FIFA: Football Stakeholders Committee adopts new transfer regulations, including loan restrictions

"Meeting yesterday in London (ENG), the FIFA Football Stakeholders Committee gave its backing to a groundbreaking reform package of the transfer system," said FIFA on 25/09/2018.

During the meeting "representatives from clubs (ECA), leagues (the World Leagues Forum), players (FIFPro) as well as member associations, confederations and the FIFA administration validated a set of recommendations to increase the transparency of the system, protect its integrity and reinforce solidarity mechanisms for training clubs," added the international federation.

Among the adopted measures (see below) that will be submitted for the approval of the FIFA Council, which will meet on 26/10/2018, is the creation of a "clearing house" whose objective is to centralise payments related to transfers (solidarity contributions, training allowances, agents' commissions, etc.), the establishment of new, stricter regulations for agents, and the introduction of restrictions on player loans.

"If approved, this policy document will then be the basis for continued negotiations to ultimately turn the relevant…