Tuesday, June 4

Nearly half fail new FIFA check to get participant agent license

ZURICH — Nearly half the candidates failed a brand new FIFA examination to work as a participant agent in soccer, the governing physique mentioned Thursday.

Only 1,962 individuals – 52% of the three,800 candidates worldwide – handed final week’s check to get a license that might be obligatory to work in switch and contract negotiations from October.

FIFA is being challenged in a number of authorized circumstances throughout Europe by brokers and attorneys searching for to dam the brand new licensing system that may cap charges and regulate an business that earns a whole lot of thousands and thousands of {dollars} every year.

A second spherical of exams might be held in September. It prices $600 to take the check and the go mark is about at 75% for answering 20 questions in a single hour in English, French or Spanish.

The check is obligatory for would-be brokers who weren’t licensed in 2015 beneath a earlier system.

Long-time brokers, together with some who’ve earned tens of thousands and thousands of {dollars} from the highest-profile switch offers, might be exempted from the check in the event that they apply for a license by September. They should additionally decide to ongoing coaching.

FIFA needs to cap agent earnings at a most 10% of switch charges once they act for the promoting membership.

Agents would even be restricted to taking 3% of a participant’s wage when these earnings are greater than $200,000 per yr, or 5% when the participant earns as much as $200,000. Those limits could be 6% and 10%, respectively, when the agent acted for each the participant and the membership signing them.

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