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Infantino wants to clean up transfer system

Thursday, November 03, 2016 - 01:12

Infantino wants to clean up soccer's murky transfer system

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SHOWS: ZURICH, SWITZERLAND (NOVEMBER 2, 2016) (REUTERS - ACCESS ALL) 1. (SOUNDBITE) (English) FIFA PRESIDENT GIANNI INFANTINO SAYING: "It is a transfer system which has been essentially developed back in 2000 - 2001, with the agreement in March 2001 with the European Commission, at that time; and I think after 15 years it is time to seriously revise it and bring in maybe also there a little bit more transparency and a little bit more clarity, in terms of the rules. Because, whether it is true or not, the perception often is that there is something strange happening in these transfers, last minute, and..." 2. WHITE FLASH 3. (SOUNDBITE) (English) FIFA PRESIDENT GIANNI INFANTINO SAYING: "A lot of money is moved in a transfer window, several billion US dollars are moved in a transfer window, so it is important that if you move a few billion dollars in one or two months, that you make sure or as sure as possible that everything happens in a clean way." STORY: A clean-up of soccer's murky transfer system and an end to the "hoarding" that makes it possible for a top club to have dozens of players out on loan are among the items on Gianni Infantino's to-do list, the FIFA president told Reuters in an interview. The man entrusted with the task of cleaning up football's world governing body after a slew of corruption scandals suggested that publishing payments to agents could be one way of creating more transparency. "Whether it is true or not, the perception often is that there is something strange happening in these transfers," the 46-year-old Swiss-Italian lawyer said. "It is important that if you move a few billion dollars in one or two months, that you make sure or as sure as possible that everything happens in a clean way." The transfer market moves billions of dollars every year although it is often unclear how this is split between clubs, players, clubs and the agents who negotiate on their behalf. FIFA is responsible for regulating transfers between clubs in different countries under rules based on a 2001 agreement with the European Commission. "After 15 years, it is time to seriously revise it and bring in maybe also there a little bit more transparency and a little bit more clarity," Infantino said. The world players' union FIFPro last year launched a complaint with the European Commission, alleging that the system infringes European competition law because only a small number of clubs from the biggest leagues can afford the astronomical fees for top players.

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Infantino wants to clean up transfer system

Thursday, November 03, 2016 - 01:12