Bank of FIFA to open in 2022, with algorithms being considered to fix transfer fees

23 March 2021

FIFA transfer bank
Photo: Alamy “This is a huge a huge development for the football industry and community," says Ornella Desirée Bellia, FIFA’s Head of Professional Football, speaking at FIFA’s annual football law review.

FIFA considering algorithms to determine player values in shake up of transfer market.

Football clearing house begin handling all training rewards from next year, with its work facilitated by the creation of digital player passports.

New 1 per cent levy on transfer fees could generate more than $50 million per year year for world football’s governing body, which will be redistributed by the world football’s governing body which it says it will redistribute among clubs.

Agent reforms to be in place for Summer 2022 transfer window.

James Corbett, Senior Correspondent corbett@offthepitch.com

FIFA has confirmed that its football ‘clearing house’ will begin handling transfer related payments from 2022, with algorithms under active consideration as a means of determining player’s market value. 

It has also said that reforms to the way agents can operate and be renumerated will be in place by July 2022.

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