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Town Spend £325,262 on Agents' Fees
Wednesday, 24th Jun 2020 18:53

Town spent £325,262 on agents’ fees between February 1st 2019 and January 31st this year, well down on the £790,210 paid out during the previous season.

However, of the other clubs in League One, only Sunderland (£1,346,373) and Coventry (£353,632) spent more on what are now officially known as intermediaries. In total clubs in the third tier paid out £3,921,805.

The £325,262 covers 15 transactions, permanent signings and new contracts for players already at the club. No loan fees are listed for loan additions Luke Garbutt, Will Norris and Josh Earl.

During the period covered the Blues spent money on only one player, right-back Kane Vincent-Young who signed from Colchester United for £500,000.

This year's figure is significantly down on the Blues' spending in 2018/19 when £790,210 was paid out to intermediaries. A year prior to that Town spent £241,969.

The FA has been required to publish clubs' spending on intermediaries by FIFA regulations since April 2015.


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Northstandveteran added 19:42 - Jun 24
Bargain.
0

hadleighboyblue added 21:54 - Jun 24
Agents are absolutely screwing the clubs , what a racket
4

runningout added 00:13 - Jun 25
Sooner agents are kicked out of football and a clean ethical system brought in, the better
5

Saxonblue74 added 06:56 - Jun 25
If players feel they need representation then they should pay for it themselves. That would help clubs both financially and in the transfer market where these parasites do everything in their power to over inflate transfer fees and wages just to up their cut.
5

brazil1982 added 09:16 - Jun 25
What a ridiculous amount charged for average players.
1

TJS added 10:17 - Jun 25
To be fair I don't think this is much different to most businesses paying money to recruitment agencies. They would argue that they select and vet candidates for jobs but in reality most of the time they do neither.
1

dirtydingusmagee added 17:58 - Jun 25
''Parasite Payment''
1

Saxonblue74 added 21:46 - Jun 25
TJS, clubs have scouts to track down suitable candidates.
0

PutneyBlue added 11:34 - Jun 30
If the players had to pay for it themselves, they'd all be approaching all the glamour clubs all the time, and most of them would get rejected, just as in a normal jobs market. The clubs would have to employ at least one if not more people to sort out the applications, and there would be no evidence on how good the player was until the club started watching him.
Just as with normal recruitment agencies, the intermediary role can save you a lot of time, and time is money.
0


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