Few important things and tips about the contract between football player and agent.
An agent should be a (football) player’s best friend, but unfortunately, that is not always the case. First things first – before even considering signing some sort of agreement with somebody, check if he really is a licensed agent. FIFA, the world football governing body, made it simple: the whole list of licensed agents.
Only those agents have the right to represent a player in relation to a club in crucial situations, such as introducing football players to clubs and – later – negotiating or renegotiating . There are a few exceptions, though. A player can do that himself, while the other persons who have the right to do that and are not licensed agents are parents, siblings, spouses and legally authorized practicing lawyers. Please take note that in that case their activity does not fall under the jurisdiction of FIFA, so be careful to really know all the rules (find the Players’ Agents Regulations here).
The most important thing about having an agent is that you must have a written Fieldoo, football marketplace for players & agents.contract with said agent. When signing an employment contract, the name of the agent (or agency) must be specified therein. Check out below few important things on player-agent contract we prepared at
Key facts about the representation contract
- It can be valid for a maximum of two years, but it can also be extended for another maximum period of two years subject to a new written agreement between the two parties
- It must explicitly state who is responsible for paying the players’ agent and in what manner. The rule state that is should be the player directly, but there are exceptions.
- If the player signing the representation contract is a minor, it must also be signed by his legal guardians.
- It can be or non-exclusive; if it is exclusive (the best players generally have exclusive contracts) the player can have one and only one agent, while having non-exclusive contracts means he can have several. They can, for instance, search for good offers in different countries.
The agent’s fee
Before a player and an agent reach an agreement about representation, they must also reach an agreement about one very interesting thing – the agent’s fee. It is stated in percentages of the annual gross basic salary that the player gets from the club as a result of an employment contract negotiated or renegotiated by the players’ agent. This includes the singing-on fee, while bonuses are exempt. A bonus is everything not guaranteed by the contract; a car, a flat, point bonuses …
While the percent can be as high as 10%, it can also be lower. It depends what you agree on in the start! The fee can be paid annually or as a lump sum. If the employment contract is longer than the representation one and the payment is done annually, the agent is still entitled to his fee even if he does no longer have a valid representation contract with the player.
Be careful when signing with an agent, especially if you don’t know him and he is offering you things that are too good to be true. Check him out – the internet can do wonders – and, before signing, make sure that he is a person whom you will trust the most important tasks of your up-and-coming professional career.