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Wolves thought to be relaxed on agent reports

Wolves are understood to be relaxed on reports suggesting new Fifa agent regulations could highlight a conflict of interest between the club and Jorge Mendes.

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It has been said Mendes will have to prove his work does not fall foul of proposed rules that will outlaw conflicts of interest, such as club owners having stakes in player agencies.

Wolves owners Fosun have been reported to hold a stake in Mendes' Gestifute firm via a subsidiary, which would be breaching the new rules.

Football's world governing body have said that fans will be able to see how much agents earn from transfer deals when the regulations come into force next year.

They will include a licensing system, character tests, commission caps and the publication by Fifa of the money agents get from their clients – both players and clubs.

Agents will be consulted between now and the spring of 2021. The regulations will then go forward for Fifa council approval between March and June next year before being implemented in September.