FIFA's stakeholders committee has lent its support to proposals aimed at bringing transparency to the global football transfer system. The group backed moves to create a clearing house to process transfers. It did not, however, touch on an earlier proposal to develop an algorithm to calculate transfer fees. The committee also backed restrictions on loan signings, saying they should be used for "youth development" rather than "commercial exploitation". Further, it backed "new and stronger regulations" for agents’ fees. Fifpro is not alone in calling for greater transparency.
FIFA's stakeholders committee has lent its support to proposals aimed at bringing transparency to the global football transfer system. The group backed moves to create a clearing house to process transfers. It did not, however, touch on an earlier proposal to develop an algorithm to calculate transfer fees. The committee also backed restrictions on loan signings, saying they should be used for "youth development" rather than "commercial exploitation". Further, it backed "new and stronger regulations" for agents’ fees. The committee including representation from clubs, players, national associations and global leagues.