‘The whole system is wrong’ – Mino Raiola proposes SCRAPPING transfer fees as Fifa propose to cap agent earnings
MINO RAIOLA has hit out at FIFA and proposed the idea of abolishing transfer fees.
The superagent boasts clients such as Erling Haaland, Paul Pogba and Zlatan Ibrahimovic.
But he has been infuriated by FIFA's plans to publish new agent regulations which could limit spending on agent fees.
Fees could be capped at 10 per cent of any transfer fee and three per cent of a player's salary for contract negotiations.
Raiola believes the idea is nonsensical, telling NOS Football: 'I don't take it. An agent must earn as much as possible for the player. What will be higher with this plan? The transfer fee or the salary?
"In fact, FIFA is saying that they do not go against the transfer fees, but against the salaries. The negotiating position of the players is thus compromised.
"Abolish the transfer fee. Then we will only talk about salaries.
"The whole system is wrong. It was invented by people who have no knowledge of the profession."
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Raiola famously made £20million from the deal which took Pogba to Manchester United in 2016.
And with agent fees on the rise FIFA is determined to take action.
Emilio Garcia Silvero, Fifa's chief legal and compliance officer, said: "
"It shouldn't be perceived that Fifa doesn't consult with agents. Some agents don't want to consult with Fifa.
"At the moment, we have a market that allows £430m to be given to agents but only about £45m is spent on compensation for training players all over the world.
"That makes us feel uncomfortable. We cannot accept this imbalance. That is one of the key things we would like to change with the agents' legislation."
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