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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.

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