| the obscene amount of money paid to agents... one thing I've never 13:11 - Apr 5 with 2476 views | Illinoisblue |
understood is, for example, in the case of Jack Lankester signing a new deal, if it's Jack who's got the agent working on his behalf, why are the club paying for that? |  |
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| the obscene amount of money paid to agents... one thing I've never on 13:17 - Apr 5 with 2433 views | itfcjoe |
Generally it's because otherwise the money becomes double taxed for income.
JL has to make the payment to the agent after he has paid his income tax, and then the agent has to pay tax on it.
If it was the other way the deal would need to be artificially inflated to take that into account |  |
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| the obscene amount of money paid to agents... one thing I've never on 13:19 - Apr 5 with 2425 views | Guthrum |
Because the agent includes his cut in the overall fee. Thus it is, effectively, inflated by that much during negotiations. |  |
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| the obscene amount of money paid to agents... one thing I've never on 13:19 - Apr 5 with 2419 views | Marshalls_Mullet |
In any other business that's a conflict of interest. |  |
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| the obscene amount of money paid to agents... one thing I've never on 13:23 - Apr 5 with 2409 views | Radlett_blue |
| the obscene amount of money paid to agents... one thing I've never on 13:19 - Apr 5 by Marshalls_Mullet |
In any other business that's a conflict of interest. |
Dual representation was banned for a while in the UK, but those great moral guardians UEFA restored it. Apparently the Premier League are trying to ban it again, in order to stem the huge flow of money out of the game and into these leeches' pockets. |  |
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| the obscene amount of money paid to agents... one thing I've never on 13:25 - Apr 5 with 2397 views | itfcjoe |
| the obscene amount of money paid to agents... one thing I've never on 13:23 - Apr 5 by Radlett_blue |
Dual representation was banned for a while in the UK, but those great moral guardians UEFA restored it. Apparently the Premier League are trying to ban it again, in order to stem the huge flow of money out of the game and into these leeches' pockets. |
That isn't dual representation though | |
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| the obscene amount of money paid to agents... one thing I've never on 13:35 - Apr 5 with 2346 views | Radlett_blue |
| the obscene amount of money paid to agents... one thing I've never on 13:25 - Apr 5 by itfcjoe |
That isn't dual representation though |
If it isn't, how can the club legally pay money to an agent who is also acting for the player? | |
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| the obscene amount of money paid to agents... one thing I've never on 13:59 - Apr 5 with 2250 views | itfcjoe |
| the obscene amount of money paid to agents... one thing I've never on 13:35 - Apr 5 by Radlett_blue |
If it isn't, how can the club legally pay money to an agent who is also acting for the player? |
Because the player isn't paying him any money? | |
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| the obscene amount of money paid to agents... one thing I've never on 13:59 - Apr 5 with 2250 views | Andrew4445 |
| the obscene amount of money paid to agents... one thing I've never on 13:17 - Apr 5 by itfcjoe |
Generally it's because otherwise the money becomes double taxed for income.
JL has to make the payment to the agent after he has paid his income tax, and then the agent has to pay tax on it.
If it was the other way the deal would need to be artificially inflated to take that into account |
No, agent's fees would be a deductible expense for the players IT calculation so the only tax suffered would be by the agent themselves. |  | | |
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| the obscene amount of money paid to agents... one thing I've never on 14:56 - Apr 5 with 2163 views | uefacup81 |
What I don't understand is why we're paying agents' fees on loan signings... |  |
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| the obscene amount of money paid to agents... one thing I've never on 22:14 - Apr 5 with 1511 views | Pilgrimblue |
| the obscene amount of money paid to agents... one thing I've never on 14:56 - Apr 5 by uefacup81 |
What I don't understand is why we're paying agents' fees on loan signings... |
years ago clubs had scouts and all they got was a wage plus commission.
Trouble with agents is that they aren't regulated and from HMRC it appears that some agents aren't paying tax.
The simple answer is to make Players responsible for their agents who get paid under agreed scale. At the moment its just a rip off with £ms going out of the game. |  | | |
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