Brussels: FIFA wants to set up a web-based transfer system that would function as a financial clearing house for all international player transactions and limit the role of agents, its legal director said Wednesday.
Marco Villiger said such a web-based system would allow FIFA to check every international transfer payment and cut out money laundering and player abuse. In time, the system could also function as a resource for clubs to see which players are available on the market.
FIFA already set up an online database last year to match transfer documents from both clubs involved in a transaction as a first step to curb financial corruption and stop cross-border deals involving minors. But a global transfer payment system would strengthen its ability to make sure all deals are done by the book, and to curtail abuse by agents and fraudulent clubs making excessive and illegal profits.