Football Council endorses joint resolution on football agents and financial fair play
26.01.2018By Play the Game
Earlier this week, the Professional Football Strategy Council (PSFC) met in Nyon, Switzerland to discuss the future of UEFA's Financial Fair Play and a set of potential new rules to be adopted to further strengthen Financial Fair Play and the long-term sustainability of European football.
“All parties agreed that maintaining competitive balance shall be a priority for European football and stakeholders discussed a number of potential measures – such as squad size limits, the idea of a ‘luxury tax’, or ‘transfer tax’ – that might help to address problems of competitive imbalance,” writes the Union of European Football Associations (UEFA).
The resolution on intermediaries/agents is designed to shape policy change by introducing more transparency and accountability, sanctions in case of violation of the rules as well as potentially adding a cap on fees. Further talks will take place in the coming months, according to UEFA.