Thursday, April 01, 2010

Player Contracts: Regulation of intermediaries in player contracts: changes

FIFA has recognised that its requirement for player contracts to be conducted by player agents licensed by a national association is not working, as it doesn't regulate or license player agents so cannot effectively sanction them. Instead, it has proposed that it will regulate use of any intermediary during a player transfer by clubs and players, since it regulates and can sanction clubs and players. Angus Bujalski, an Associate with Michael Simkins LLP, examines how FIFA's proposals gel with its Transfer Matching System and potential difficulties with cross-border regulation such as this, due to freedom of establishment rights enshrined in the EU Services Directive. He also outlines recent cases with different outcomes where regulation of player agents has been considered.

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