On 19 June 2023, The FA confirmed that the agencies CAA Base, Wasserman, Stellar and ARETÉ had commenced arbitration proceedings to challenge the implementation by The FA of the National Football Agent Regulations (NFAR) relating to English domestic transfers.
On 30 November 2023, The FA Rule K Tribunal issued its award following the conclusion of proceedings, which declared that if the FA implements the Fee Cap and the Pro Rata Payment Rules in the NFAR, it will be in breach of the Competition Act 1998.
The full arbitration award remains confidential at this stage, but will be published in accordance with Rule K11.3. Until that time, no further details can be provided.
The FA is considering the implications of the decision and will provide a further update as soon as it is able.