Fifa’s battle to regulate football agents gains momentum
Fifa have claimed a significant victory in their attempt to regulate the world’s top football agents, as the European Commission has backed the governing body’s move to bring in strict new rules including a cap on fees. Although it will be a hearing at the European Court of Justice that ultimately settles the issue, the Commission’s written submission to judges carry significant weight. It is seen by sources involved as a “huge development” and being hailed as a win for Fifa in what had been developing into a highly fractious conflict. Agents argue that the global body is attempting to unfairly affect their earning potential through a labour negotiation issue that actually has nothing to do with football, and goes against European Union antitrust laws. One strident position has been that setting a price cap would essentially represent a price-fixing cartel by the clubs, which top agents had been putting a lot of focus on. The European Commission have instead argued that a cap is entirely justified in order to protect players and contractual stability, as well as limiting conflicts of interest while protecting players who lack experience or information about the transfer system. An additional note was that agents’ fees are actually excessive and out of kilter with any normal fees for a service. The Commission’s observations also pointed to the “degree of discretion” which EU law generally affords sporting associations in order to fairly govern. Of the cap, it was stated “the defendant has plausibly pointed out that very high agency commissions, which are completely decoupled from the cost of the consideration, create a strong incentive to exert massive influence on players in particular in order to force an early transfer.” A further issue the new rules are set to tackle is on representing various parties on the same deal. The Commission has also backed restriction of this, arguing it “appears suitable” to mitigate against potential conflict of interest. A date for the hearing at the court in Luxembourg has not yet been set. Read More Fifa must secure Saudi promise over World Cup human rights, Amnesty warns Saudi Arabian World Cup in 2034 sparks ‘significant concern’ from major leagues Saudi Arabia set to host World Cup 2034 as Australia opts against bid
1970-01-01 08:00
Missouri jury hits NAR, real estate companies with $1.8 billion in damages
By Mike Scarcella A U.S. jury in Missouri on Tuesday said the National Association of Realtors and several
1970-01-01 08:00
Steelers QB Kenny Pickett says he's playing 'for sure' against Titans despite rib injury
Pittsburgh quarterback Kenny Pickett expects to play when the Steelers host the Tennessee Titans on Thursday night
1970-01-01 08:00
Big backs are putting their stamp on the Big 12. The league has most 100-yard rushers in Power Five
The Big 12 is running all over the other Power 5 conferences when it comes to productive running backs
1970-01-01 08:00
The FBI director warns about threats to Americans by those inspired by the Hamas attack on Israel
FBI Director Christopher Wray is warning that Hamas’ rampage inside Israel could inspire violence in the U.S. He told lawmakers on Tuesday that multiple foreign extremist groups have called for attacks against Americans and the West in recent weeks
1970-01-01 08:00
Benchmark 10-year Treasury yield could top 7%: Ned Davis Research
By David Randall NEW YORK Investors should be prepared for long-duration Treasury yields to reach 7% if the
1970-01-01 08:00
UN human rights official is alarmed by sprawling gang violence in Haiti
The United Nations expert on human rights in Haiti says he is alarmed by the rapid spread of gang violence and the bleak future awaiting children in the embattled country
1970-01-01 08:00
The 49ers acquire Chase Young from the Commanders, AP sources say
The San Francisco 49ers got some needed help for their struggling defense, acquiring edge rusher Chase Young from the Washington Commanders for a conditional third-round draft pick
1970-01-01 08:00
Commanders trade Chase Young to the 49ers and Montez Sweat to the Bears, AP source says
The Washington Commanders have traded Montez Sweat to the Chicago Bears for a 2024 second-round pick and Chase Young to the San Francisco 49ers for a third-rounder, according to a person with knowledge of both moves
1970-01-01 08:00
‘Lyrically Correct’: Put Your Hip-Hop and R&B Knowledge to the Test With This Y2K Music Trivia Game
‘Lyrically Correct’ is the ultimate music trivia game for hip-hop and R&B lovers.
1970-01-01 08:00
Woman shouting 'You're all going to die' shot by police in Paris metro
PARIS (Reuters) -Paris police shot and critically wounded a woman wearing a hijab who was behaving in a threatening manner
1970-01-01 08:00
Transfer portal changes equation for women's coaches, who used to build dynasties on prep recruits
Over 1,200 women’s basketball players entered the transfer portal last year
1970-01-01 08:00
