FIFA welcomed the Court of Arbitration for Sport’s (CAS) ruling, confirming the legality, validity and proportionality of the FIFA Football Agent Regulations (FFAR).
CAS is the worldwide supreme physique for sports-related disputes and is totally recognised by FIFA beneath Article 56 of the FIFA Statutes.
“The award represents the first in-depth legal assessment of the legality of the FFAR by an independent panel of renowned experts,” FIFA stated in a press release.
“The FFAR is a key development in FIFA’s reform of the football transfer system, within its strategic goal of modernising the football regulatory framework, and will regulate the work of football agents in the transfer of players.”
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The FFAR was adopted following an extended and inclusive session course of involving gamers, golf equipment, leagues, nationwide soccer associations and soccer agent organisations, and had been carried out by FIFA as a part of its complete switch system reform. In line with the FFAR, the duty to make use of solely licensed soccer brokers will come into power on 1 October 2023.
FIFA significantly famous that the award confirmed its regulatory authority to control the exercise of soccer brokers within the switch system, in addition to the validity of key provisions of the FFAR.
Those provisions notably embody the service charge cap, the prohibition of a number of representations and the precept that solely licensed soccer brokers might present soccer agent providers, all of which can improve contractual stability, be sure that the pursuits of soccer brokers are aligned with these of their shoppers, enhance skilled and moral requirements, and shield the graceful functioning of the participant switch system.
