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Plans for ‘Bank of FIFA’ as Infantino seeks to regulate transfer market

FIFA headquarter

Getty Images | "Today we estimate that more than $400 million are lost annually for these payments," says FIFA’s new director of legal affairs, Emilio García Silvero, refering to transfers between clubs where the educating club don't receive the financial compensation they should.

New director of legal affairs at FIFA suggests a “clearing bank” to bring all commissions under FIFA’s control.

“It is a kind of bank, institution or society that will channel all the money paid to clubs to train players or clubs to pay agents,” he says.

On the table is also a discussion whether algorithms are to decide transfer fees in the future.

17 April 2019 - 1:48 PM

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