|Town's Agent Spending Down|
Thursday, 9th Aug 2012 12:12
Town spent £233,990 on agents’ fees in the year to June 30th 2012, compared with £376,352 in the previous year, the Football League's Agents' Fees Report has revealed. The Blues’ spending was the sixth lowest in the Championship.
That £233,990 was spread over 43 deals, 23 new registrations/transfers, six updated contracts, seven cancelled contracts and seven loans.
Overall, Football League clubs spent £21.7 million on agents in 2011/12, Championship clubs accounting for £18.7 million of that figure and West Ham alone £4,314,270, significantly more than Leagues One and Two put together.
Announcing the figures, Football League chairman Greg Clarke says a small group of clubs paid out much of the overall total: "While £21 million is a lot of money leaving the game, it should also be noted that a considerable amount of this total has been spent by a small number of clubs. In fact, almost a fifth of the overall figure was spent by one club alone.
"Where such spending forms part of a sustainable business plan it shouldn't be of great concern and supporters should be encouraged to see our clubs committing themselves to the new Financial Fair Play regulations that will take effect across all three divisions in the new season.
"In time, these rules will require clubs to be more circumspect with regard to their spending and may help reduce the costs incurred in this area."
The full report can be downloaded here.
Get a free £25 bet on Stevenage v Ipswich Town (or other matches) by opening a new account at William Hill. Place an initial bet of a minimum of £5 and William Hill will match that with a free bet of up to £25. You must enter the promotional code 'F25' when signing up as a new customer.
Please report offensive, libellous or inappropriate posts by using the links provided.
|BotesdaleBlue added 12:21 - Aug 9|
I begrudge every single penny the club spends on agents.
|fussysnake added 12:43 - Aug 9|
supposedly a good thing, and im glad were saving money,,, but the 3 teams that got promotion were West Ham, Southampton and Reading... West Ham spend over 4m... Reading over 1m and Southampton over 800,000... Sometimes the only way to get anywhere is spend
|Mark added 12:46 - Aug 9|
It's good news that it has come down. £234K is still about 700 season tickets worth of income though, so I'd like to see it fall further still.
What about West Ham spending £4.3M just on agents, that really is shocking! That must be roughly our entire season ticket income.
|Michael11 added 12:55 - Aug 9|
It's shocking how much emphasis a transfer has is down to a greedy agent, they really are bad news for football! good to see we've trimmed down what we've spent on them though
|MattinLondon added 13:10 - Aug 9|
I'm pretty sure that a couple of seasons ago Blackpool refused to spend any money on agents...and this didn't stop them from getting promoted.
|BlueBadger added 13:24 - Aug 9|
And this is why we cannot attract players, we WILL NOT SPEND THE CASH CLEGG IS A DISGRACE AND TURNING ARE CLUB INTO A LAUGHING STOCK.
|mark1969 added 13:44 - Aug 9|
So 19 clubs spent more on agents than us , you reap what you sow , M.E. we need to compete for players if you want promotion and your money back. Spending money does not guarentee success , West Ham were lucky to get up last year but the other promoted items also invested more than us. Invest , get up the league , get bigger gates hopefully get promoted its an easy model with the right personnel or is it ?
|verulam added 14:23 - Aug 9|
Agent's fee an 'investment? more like a backhander in my book!
If an agent really does contribute usefully to the process then he or she is probably worthy of a fixed fee that relates to the time spent on the completing the deal as opposed to a percentage of the transfer fee. In most cases I reckon that (i.e. time spent) would be worth a maximum of £5000.
|irishtim added 15:18 - Aug 9|
Agents are ruining the game, they are making the players way too greedy. A cap on wages at all divisions would be very welcome imo. A very sensible cap at that by the way. Ten grand a week is plenty for any player in the championship.
|brian_a_mul added 15:20 - Aug 9|
Agent fees are generally proportional to fees/wages.
West Ham have players on PL wages and had PL money to spend last season.
Plus Big Sam has a very dodgy history when it comes to transfer dealings!!
They took a massive gamble on spending big bucks on new players, luckily for them it paid off.
|Vexorg added 16:34 - Aug 9|
Agents are an important part of the game, not every footballer is an Alan Lee when it comes to understanding money and contracts and with sharks like ME at the other end a good agent is a must.
Still, while we continue to buy from clubs in distress or from the dole queue, this shouldn't be a big issue. Nor will we get near the play-offs
|Daleyitfc added 16:47 - Aug 9|
Still nearly quarter of a million too much.
We should refuse to have anything to do with agents : there are so many footballers on the dole now that there'd be no problem signing players by dealing with them face to face.
|Alfie1476 added 19:59 - Aug 9|
There is a definite need for agents in the game, the way agents are starting to demand astronomical fees is not needed. However, let's make a calculated assessment on why agents are needed, and demanding high fees.
Agents are needed to safe guard both the player they represent, and the Association that the player is registered with (FA/SFA etc etc). The agent acts on behalf of the player in a similar way that a solicitor would during a conveyance or inheritance. I certainly wouldn't want to attempt the sale of my house for example, so why would a footballer attempt to negotiate a contract (especially if they have no idea about what it is they are signing). By that, we have to remember that a footballer is not just signing to say I agree to that amount per week, and that amount of annual rise based upon appearances and bonuses. They are signing to say 'I will not ride a motorbike' or 'I will not go on extreme sport holidays' or 'I will eat this and/or that' etc etc.
Of course, I do not know what other clauses and restrictions there are, but I imagine the fine print around such clauses is a legal nightmare, which I or one would not be comfortable approaching.
As for the astronomical fees that have been seen (RVP and 4Mil). I imagine a lot of that is based upon the agent 'convincing' their client to agree to certain clauses and restrictions within a contract. "I will get him to agree to this and that etc etc, but it will cost you £X". The bigger the club, the bigger the player, the more money involved in the fee/wages, the likelihood of even more restrictions that club want to impose on their player. Safeguarding their investment!
It is a massive game of chess, and one that has spiralled out of control, but to suggest there is no need for agents would potentially harm the sport we love even more, opposed to repairing the damage that has already been done.
|buryblue77 added 21:40 - Aug 9|
Mark, Wet Spam spend over £4m on agents fees but they've gained promotion and will certainly make more than an extra £4m for being in The Premier League so it's worked out well for them, £4m and promotion or £200k and stay here, I know which one I'd prefer.
Daley, I don't like agents either, their greed has ruined the game as a 'good' agent probably makes more than the average player, however, I doubt there are many, if any players out there who would know how to work out their own deals so agents are a necessary evil.
|michaeldownunder added 22:10 - Aug 9|
Agents do have a part to play in the game, safeguarding players and arangeing deals
Never understood why the club pays them and not the player when they are sorting out new contracts and uping wages, plus they prob get a 10% cut off the players wages
|Lukeybluey added 22:54 - Aug 9|
Pretty easy to tell someone to spend millions of their money when its not your own. And frankly I dont blame Evans for being careful this time around, considering he's invested like 30 million over the last 3 or 4 years with no reward. So you cant say he hasnt invested into the club, thats a load of old balls. Some on here just sound so ungrateful, and without evans taking over we would be in the exact same position as Portsmouth are in now, or worse. Stop be short sighted and wake up! Rant over.
|algarvefan added 08:39 - Aug 10|
Well said Lukeybluey, we al want success but at what price, you an't compare us with West Ham, who had PL money for that season. It's going to get increasingly hard for us, but I believe the club is going in the right direction with it's commitment to youth.....it's just gonna take time.
You need to login in order to post your comments
Comment on Facebook
Blogs 148 bloggers
Ipswich Town Polls