19 Dec 2013

Players Union wants transfer system overhauled

11:01 am on 19 December 2013

World football's players union is demanding a radical overhaul of the game's transfer system and is ready to take legal measures to get its way.

FIFPro's president Phillipe Piat claims the transfer system fails 99 percent of players around the world, and it fails football as an industry.

The union says football's governing bodies, clubs and leagues claim the transfer system is necessary to ensure competitive balance, but in fact it creates a spiral of economic and sporting imbalance, which benefits only the richest one percent of clubs and player agents.

The union claims that thousands of players worldwide are not paid on time, or not at all, while 28 percent of the global transfer market, an estimated $900 million, is paid to agents and lost to the game.