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Town Agent Fees £95,000 - Ipswich Town News

The Football League's Agents' Fees Report has revealed that Town paid £95,000 to agents in the first six months of 2006. Overall, Football League clubs paid agents' fees totalling £7.66 million during the 2005/06 season.

That figure is 2% lower than in the previous season. Town's total agent expenditure from July 2005 to June 2006 totalled £205,242.

The £95,000 to June 2006 consists of nine new player registrations and transfers, five updated contracts, three cancelled contracts and two loans.

Football League chairman Lord Mawhinney welcomed the results of the report: "It is encouraging that clubs spent £150,000 less on payments to agents than was the case last year. I hope the regular, half-yearly publication of these fees has helped.

"Publication certainly has been a catalyst for a wider debate about the role of agents in football. In turn, this has paved the way for The League to introduce new regulations governing how agents operate.

"I applaud clubs for their willingness to enter into this debate and for making changes that will deliver greater levels of transparency and integrity to transfer negotiations.

"Two of these changes, in particular, are likely to lead to a reduction in what clubs pay to agents. First, there will be no 'dual representation' - an agent will have to represent either the club or the player. Secondly, agents will no longer be able to pass on to clubs the costs of representing a player."

Of the 72 Football League clubs, 16 clubs paid nothing to agents, compared with 13 a year ago, with 26 sides paying out below £10,000.

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