Talks to reform football's transfer system collapsed on Tuesday after FIFPro's proposals to protect unpaid players were rejected by top clubs and leagues, the union said.
Negotiations have been ongoing since March but have stalled after the European Clubs' Association (ECA) and the European Professional Football Leagues (EPFL) would not accept four proposals.
"The transfer system is failing football and its players," FIFPro secretary general Theo van Seggelen said in a statement.
FIFPro proposed a system that would let a player terminate his contract with 10 days' notice if he is unpaid for over 30 days, and another would give players financial compensation if their contracts were terminated without just cause.
The players' union also said players in these situations should be able to joining new clubs at any time, not just during open transfer windows.
"These reforms would make the contract of a professional player a two-way street," Van Seggelen said. "The situation can be contrasted to the rights of a club where a player breaches a contract, which would see him often responsible to pay his own transfer value and subject to a mandatory ban.
"Transfer values have, of course, spiralled out of control and can see players liable for the payment of millions of dollars, something no other employee would have to bear."
Van Seggelen said players seeking unpaid wages is the largest issue in football today.
"Every year, around 4,000 players file cases with FIFA either because their club has not paid them or the club has unjustly terminated the contract," he said. "Due to the volume of cases, players have to wait several years for a hearing which, in over 90 percent of matters, is decided in favour of the player.
"Given the short-term and precarious nature of a player's career, these delays cannot be tolerated. Clubs have now taken to exploiting the delays through tactics such as heavy handedness and vexatious litigation to ensure that compensation payments are avoided or minimised."