x

Town's Agent Spending Up - Ipswich Town News

Town spent £551,878 on agents’ fees during the year to June 30th 2013, up from the £233,990 spent in the previous 12 months, the Football League's Agents' Fees Report has revealed.

That £551,878 was spread across 51 deals: 22 new registrations, four updated contracts, eight cancelled contracts and 17 loans.

Town were the 10th biggest spenders on agents in the Championship with Blackburn the highest, having paid out £3,538,034. Five other clubs spent more than £1 million, while Blackpool paid no agents’ fees at all.

Overall, Football League clubs spent a total of £21.5 million on agents’ fees during the 2012/13 season, down £170,000 from the previous season.

Championship clubs paid £18.6 million of that total, League One sides £2.2 million and League Two clubs £700,000.

Football League chairman Greg Clarke said: "Again, this is a considerable amount of money to be leaving the game.

"However, the real challenge is to ensure that such payments are part of a sustainable financial model with clubs only spending what they can afford.

"In conjunction with clubs, we're making real progress towards this goal and now have all three divisions operating Financial Fair Play regulations."

The full report can be downloaded here.

Meanwhile, what appears to be a young Town U21 side are playing a friendly at Fulham this afternoon.

What to read next:

Former Loanee Williams Handed Suspended Sentence
Former Blues loanee Brandon Williams was sentenced to 14 months in prison, suspended for two years, at Chester Crown Court this morning.
[Podcast] Blue Monday - New Podcast Now Online
A new podcast from the Blue Monday team is now available.
Al-Hamadi in Iraq Squad
Blues striker Ali Al-Hamadi has been named in the Iraq squad for their World Cup qualifiers against South Korea and Jordan in June.
Forest Eyeing Davis
TWTD understands Nottingham Forest are again keeping tabs on Blues left-back Leif Davis.
Taylor: We're in Good Stead For Next Season
Town midfielder Jack Taylor has dismissed suggestions that confidence is an issue within the playing squad, the Blues having won just one of their last 18 Premier League matches.
Emmanuel-Thomas Admits Drugs Smuggling Charges
Ex-Blues forward Jay Emmanuel-Thomas has pleaded guilty to his involvement in a plot to smuggle class B drugs into the UK.
Yeovil Announce Match for Marcus
Yeovil Town have announced a Match for Marcus, a friendly celebrating the career of Marcus Stewart against Bristol Rovers at Huish Park on Saturday 19th July, and are inviting fans of the striker’s other former clubs to attend.
Ogbene Overwhelmed to Win Community Award
Blues winger Chieo Ogbene admitted he was overwhelmed to be named the club’s PFA Community Champion at Monday’s End-of-Season Dinner at Milsoms Kesgrave Hall.
Agbaje Leaving Town
Young defender Edwin Agbaje is set to leave the Blues in the summer with his contract coming to an end.
Davis: We'll Deal With the Added Pressure in the Championship
Town defender Leif Davis believes increased expectation levels will ramp up the pressure on the Blues as they return to the Championship next season.