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Josh Challies

Premier League discussing changes that could save clubs millions in the transfer market

Changes to the regulations surrounding agent fees in the Premier League could clubs in the top-flight millions in the transfer market.

The 20 shareholders of Premier League clubs are due to meet on Friday, where a proposal to cut down the fees payable to representatives of players during the summer and winter transfer windows will be discussed.

One of the main changes on the cards is the scrapping of dual regulation, which would see the end of agents being able to command a fee from both the selling and buying club.

Agent fees have become a major talking point in recent years and there are currently no limits or caps involved for work undertaken by an agent in relation to a transfer or contract negotiations - but a report from the Telegraph suggests that is about to change.

How the Premier League's new winter break will affect Newcastle - with lucrative friendlies banned  

If proposals go ahead, clubs in the Premier League could save a significant amount in the market - as it has been revealed 12 months ago that clubs in the top-flight paid a total of £260m between February 2018 and January 2019.

During that period, Liverpool forked out around £43.8m and Chelsea paid £26.9m, while Manchester City paying £23.5m in agent fees and Manchester United following with £18m - the four highest figures of Premier League clubs.

Further changes are on the cards with FIFA discussing a potential framework with the Premier League for how transfers and agent payments are regulated moving forward, which could include an exam system for these representatives.

Newcastle United's spend on agent fees revealed: The full breakdown of all the deals

Cardiff defeats mean Newcastle now just one win from safety, and the most important decision in recent history  

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