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06 Oct 2021
< 1 minute read

An overview of FIFA's 'Phase 2' reforms: Agents, loans and clearing house

In the last week of September 2019, FIFA announced two significant changes to its regulatory regime, namely:

  • a mandatory cap on agent commissions (as part of their proposed re-regulation of agent activity); and

  • the regulation of the loan system.

These changes were discussed in detail by Mr Emilio GarcĂ­a Silvero, Chief Legal Officer at FIFA at the International Congress on Football Law held in Madrid, which was attended by members of the Mills & Reeve sports law team.

In an article for LawInSport, a leading online sports law publication, Tiran Gunawardena and Rustam Sethna of the Mills & Reeve sports law team discuss these changes in further detail.