Why Fifa agreed to limit loan deals

FIFA moves closer to restricting loans limiting agents fees

FIFA moves closer to restricting loans limiting agents fees

Reports have suggested Federation Internationale de Football Association wish to limit the number of players a club can lend each season to between six and eight, but no exact figure has been decided.

The Football Stakeholders Committee, a FIFA body comprised of various representative groups, met in London on Monday to formalise a set of recommendations created to "increase the transparency" of transfer dealings.

But it is still has to come to an agreement with the game's other stakeholders - including club, league and player representatives - as to what the limit should be.

Infantino said: "We have brought everyone to the table and all key actors of the industry have understood that we need to take action, leading today to this reform proposal". A "clearing house" to make transfer dealings more transparent - flagging up suspicious payments to third parties - was rubber stamped yesterday by football chiefs reviewing a dossier of proposals.

This would ensure the correct processing of solidarity payments, training compensation, agents' commission fees and potentially also govern the actual transfer fees, while an electronic transfer system would also be introduced both for worldwide and domestic deals.

Mandatory introduction of an electronic transfer system at national level following the model in place for worldwide transfers as well as of a domestic electronic registration system.

Iran: US wish to halt Iran's crude exports won't come true
OPEC, along with other suppliers except for Russian Federation , began to limit their output in order to raise crude values. Analysts have started to assume that the US sanctions on Iran's oil may remove more than 1 million bpd from the oil market.

Uniform restrictions on compensation for player agents and a required registration procedure have also been agreed in principle.

Solidarity contributions to apply to domestic transfers with an "international dimension".

The reform will also prohibit bridge transfers and sub-loans.

"I am very pleased by the spirit of cooperation that we have seen so far in this process", chairman of the Football Stakeholders Committee, Vittorio Montagliani said.

The recommendations are expected to be ratified at the next FIFA Council meeting in Kigali, Rwanda, on October 25-26.

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