Soccer is unarguably the world’s most profitable game not only for players but for all participants: may it be a club, or even those third parties who are not directly involved in any player’s rights but are entitled for a share in player’s profit. FIFA, being a global governing body of the game, now thinks this is a bad practice which should be restricted, so it now urges that any agent or third party’s interest in any player’s economic rights should be banned. Moreover, it also feels a need of “international standards with precise rules and regulations” to control agent’s behavior in the game. If everything continues as planned, FIFA will table down its proposal to panel’s next year meeting. Until now, there is a global practice where clubs throw away big bounties to buy players in association with a third party which is known or unknown sometimes. This third party may or may not have any interest in the game, it is only concerned with profit figures these clubs make by reselling … [Read more...]