Christophe Petit Tesson/EPA, via Shutterstock
An organization representing some of the world’s biggest agents has written to its members and urged them to contribute to a fund for what it expects will be an “expensive” legal fight to block proposed FIFA regulations to cap the fees they earn in the multibillion-dollar soccer player transfer market.
The Association of Football Agents, a trade organization for intermediaries in Britain, home to global soccer’s richest transfer market, issued an emotional appeal to its members in the wake of the plans revealed earlier this week that would severely restrict the money — sometimes tens of millions of dollars in a single transaction — that agents can earn when players switch teams.