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FIFA examines Ancelotti's Brazil contract: Query over legality of agent's income... questionable.

Diego Fernandes secured a 1.2 million euro payment for acting as a mediator in business dealings with the Brazilian Football Confederation (CBF).

Diego Fernandes secured a 1.2 million euro payout for mediation services rendered to the Brazilian...
Diego Fernandes secured a 1.2 million euro payout for mediation services rendered to the Brazilian Football Confederation (CBF).

FIFA examines Ancelotti's Brazil contract: Query over legality of agent's income... questionable.

A contention has risen within the Brazilian Football Confederation (CBF) regarding a significant commission paid in the process of hiring Carlo Ancelotti as the replacement for Dorival Júnior.

According to information disclosed by the Globoesporte portal on Friday, the world governing body of football, FIFA, has contacted the CBF to account for the payment of €1.2 million to Diego Fernandes, an individual reportedly involved in every step of Ancelotti's arrival in Brazil.

FIFA indicates that this person does not possess the mandatory "individual license" required to offer "football agent services," which may infringe Article 5, Paragraph 1, of the FIFA Regulations on Working with Intermediaries. The CBF is now asked to provide clarification on Fernandes' role in finalizing the contract, as well as relevant documents such as communication records, evidence of payments, and the terms of their agreement.

For the moment, the CBF refers to "confidentiality clauses" signed by the former board, led by Ednaldo Rodrigues, to maintain silence on the matter. However, they affirm that an internal evaluation of the situation is underway.

It should be noted that Diego Fernandes, a Madrid-based businessman, was brought on to negotiate and persuade Ancelotti to leave Real Madrid and take up the post as the Brazilian national team's head coach. His substantial involvement in the process is evidenced by his presence on a chartered flight from Madrid to Rio de Janeiro and his mention in Ancelotti's official contract with the CBF.

The investigation's focus revolves around whether Fernandes' unlicensed intermediary role and the €1.2 million commission could represent irregularities or breaches of FIFA rules. During the inquiry, it has emerged that Fernandes intends to formalize his status as a licensed agent to justify his fee in the future, while the contracted amount remains valid. Reports suggest that Fernandes' involvement within the CBF caused unease, potentially leading to restrictions on future access to the national team team under new leadership.

The CBF's compliance with FIFA's intermediary regulations in appointing coaches is now under the spotlight to prevent conflicts and ensure transparency.

  1. The controversy surrounding the hire of Carlo Ancelotti as Brazil's national football team coach has extended to the realm of finance, with questions about a €1.2 million commission paid to Diego Fernandes, who is not licensed to offer football agent services.
  2. Diego Fernandes, a Madrid-based businessman, is under scrutiny for his unlicensed role in negotiating Ancelotti's move from Real Madrid, with sports betting industry intriguing observers, given Fernandes' potential ties to European leagues and the Champions League.
  3. The Brazilian Football Confederation (CBF) is currently in the process of providing clarification to FIFA regarding Fernandes' role and related documents, as his involvement in sports has sparked concerns about breaches of FIFA rules.
  4. The investigation's outcomes could have far-reaching implications for the CBF, potentially leading to restrictions on future access to the national team for individuals associated with irregularities or violations of FIFA regulations.

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