FIFA approves new transfer law that could affect Tottenham Hotspur
According to a report by Football.london, FIFA have confirmed that a new transfer law will be passed to tackle the current system. The new law will include training rewards while placing some additional limits on loan deals, the report states.
During a recent meeting at the FIFA’s headquarters in Zurich, the Football Stakeholders Committee decided to introduce a new system that would effectively reform the existing set of rules. The report goes on to add that 1% of the transfer fees would fund the training rewards system. Doing so will “encourage and reward the training efforts of clubs” (h/t Football.london).
Expected to be launched for the first time in 2022, Football.london reports that the stakeholders will now participate in consultations to agree on the costs undertaken by clubs to train players. Once the criteria are set, the proposal will be sent to the FIFA Council.
The report further adds that the committee have also pushed for new regulations on loan deals. From July 2020, limits will be placed on international loans of players aged 22 and above. Only eight international loans in and out will be permitted for the 2020/21 season but that figure will reduce to just six by the 2022/23 season, with a maximum of three loans in and three out between the same clubs.
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Essentially, this means that clubs would no longer be able to retain large numbers of players on their books by sending them out on loan deals.
We do have a fair number of players out on loan and this would force Daniel Levy and co. to sit back and rethink their policies.