x

Town\'s Agent Spending Down - Ipswich Town News

Town spent only £9,425 on agents’ fees during the six months to June 2009 compared with £280,000 during the same period last year. The figures are revealed in the Football League’s latest Agents’ Fees Report.

Town’s total relates to 27 transactions, nine new registrations, nine contract updates, one cancelled contract and eight loans. During the year to the end of June 2009, Town spent £122,626.

Overall in the Football League, agents' fees have dropped by more than £2 million in the last 12 months with clubs paying £8.8 million between July 2008 and June 2009 and £11.1 million in the same period during 2007/08.

Football League chairman Lord Mawhinney welcomed the findings: "Given the current financial outlook, it is encouraging that clubs are being more circumspect in terms of their payments to agents.

"In fact, clubs only committed to pay an agent in 6% of the 3,700 player transactions that took place during the course of the season. This is the lowest figure recorded in the five seasons since the publication of agents' fees began.

"I would like to think that in pioneering the publication of agents' fees, the Football League has helped bring this about."

The full report can be viewed here.

What to read next:

Town and Bromley Meet For First Time in Carabao Cup
Town face League Town Bromley at Hayes Lane in the Carabao Cup first round on Tuesday evening in the clubs’ first ever competitive meeting (Sky Sports, KO 8pm).
Akpom: It's Been a Mad Few Days But I'm Glad to Be Here
New Blues signing Chuba Akpom is delighted to have completed his season-long loan move to Town from Ajax after what he admits was “a mad few days”.
Blues Target Miller Set For Serie A
Motherwell midfielder Lennon Miller is set to join Serie A Udinese, despite Town having made an offer for the 18-year-old, according to a report in Scotland.
[Podcast] Blue Monday - New Podcast Now Online
A new podcast from the Blue Monday team is now available.
Town Confirm Akpom Loan Signing
Town have confirmed the signing of Ajax striker Chuba Akpom on a season-long loan.
[Podcast] Blue Monday - New Podcast Now Online
A new podcast from the Blue Monday team is now available.
Police Reviewing CCTV of Birmingham Fan Incident
West Midlands Police say they are “reviewing CCTV footage” as they look into the incident in which Town midfielder Jack Taylor appeared to be assaulted by a Birmingham City fan during Friday’s 1-1 draw at St Andrew’s.
Sassuolo 'Closing in On Muric Loan'
Serie A new boys Sassuolo have revived their interest in Blues keeper Aro Muric and are closing in on a loan deal for the Kosovo international, according to a report in Italy.
New Keeper Starts as U21s Lose Friendly at West Ham
Town U21s, featuring a recently signed new goalkeeper, were beaten 1-0 by West Ham United at their Rush Green training ground in their final friendly of pre-season yesterday.
Hirst: Cajuste's One of the Best I've Ever Played With
Town striker George Hirst has hailed Jens Cajuste as one of the best players he has ever played with following the Swede’s return to the club on loan from Napoli earlier this week.