This cap doesn't fit

31 March 2015 - 02:01 By Mazola Molefe

Some of South Africa's most prominent sports agents could challenge the SA Football Association following its decision to cap their commission at 3% of their players' earnings from tomorrow. Safa president Danny Jordaan, who announced the new rule at the weekend, said the move was one of the recommendations of world governing body Fifa.The country's agents - who charge fees as high as 10% - were up in arms yesterday.They argued that the regulation would change the financial landscape of the Absa Premier League.Safa settled on the number at its constitutional congress in Nelspruit on Saturday - on the eve of the international friendly between Bafana and Nigeria.As it stands, agents take commission on their players' signing fee, monthly salary, and from endorsements, among others.In addition, they may also charge the players a management fee for belonging to their stable.The percentage of this take will now be capped at 3%.Safa has vowed to "educate" clubs and players' intermediaries - the now preferred term for agents - on the cap when official communication is made this week.PSL chairman and Safa vice-president Irvin Khoza said the new rule was significant in "making sure we stabilise the industry".However, one player representative, who did not want to be named, argued the new cap would dent agents' pockets because the SA market was "different"."I don't know too much about this at the moment, but my initial reaction is that if you've got someone in the English Premier League the 3% is substantial, but for an agent working in the SA league, it is probably not that substantial," he said."I know there have been talks about it, but I don't quite understand it just yet, hence my knee-jerk reaction to it."Paul Mitchell of Siyavuma Sports said the new cap could be a result of the tainted image player representatives have been labelled with over the years."There's a big misconception about how a legitimate, licensed agent works," Mitchell said."I've run a successful company in South Africa for the past six years and have always had a licensed agent in the company. I cannot remember a player paying me a single rand."We've always worked on a 10% commission payable by the club. This could see people losing jobs."Another agent said the official word from Safa would determine his next step."I don't know what the others think, but Safa does things to the benefit of the local game."So, we shouldn't overreact because it might seem like we are greedy agents who are fighting this 3%," he said...

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