Club reveal agents' fees

[Colin the King]

Just seen this on the OS-

In line with the Football Association Agent’s Regulations, Manchester City Football Club hereby disclose details of agents’ fees paid over the past year as being £12,875,283.

The figures, being released by all Premier League clubs today, have been verified and reconciled by The Football Association, and include fees paid to agents for incoming as well as outgoing transfers, the renegotiation of existing player registrations as well as fees paid to agents during the stated period, but which relate to transactions predating it.

In Manchester City’s case, the fees relate to registrations in the above circumstances for 35 players, both domestically and internationally.

Speaking of the figures, Chief Financial Officer Graham Wallace said, “As has previously been stated by our Chief Executive Garry Cook, the level of player acquisition over the past year has been unprecedented as we have sought to rebuild our playing squad.

Squad building at this level and within such a short time frame is unlikely to be repeated. The figure in question relates to payments made for 35 players, many of whom predate this time period. The fees represent an average of £360,000 per transaction, and the total amount falls well within our annual budget and operating plan as approved by our board.”

Seems like an awful lot of money but I suppose that's no object to us these days.

[DoomMerchant]

Just seen this on the OS-

In line with the Football Association Agent’s Regulations, Manchester City Football Club hereby disclose details of agents’ fees paid over the past year as being £12,875,283.

The figures, being released by all Premier League clubs today, have been verified and reconciled by The Football Association, and include fees paid to agents for incoming as well as outgoing transfers, the renegotiation of existing player registrations as well as fees paid to agents during the stated period, but which relate to transactions predating it.

In Manchester City’s case, the fees relate to registrations in the above circumstances for 35 players, both domestically and internationally.

Speaking of the figures, Chief Financial Officer Graham Wallace said, “As has previously been stated by our Chief Executive Garry Cook, the level of player acquisition over the past year has been unprecedented as we have sought to rebuild our playing squad.

Squad building at this level and within such a short time frame is unlikely to be repeated. The figure in question relates to payments made for 35 players, many of whom predate this time period. The fees represent an average of £360,000 per transaction, and the total amount falls well within our annual budget and operating plan as approved by our board.”

Seems like an awful lot of money but I suppose that's no object to us these days.

less than 10% of what we've spent really in the last year. Doesn't seem that crazy to me.

cheers

[Vhero]

Just seen this on the OS-

In line with the Football Association Agent’s Regulations, Manchester City Football Club hereby disclose details of agents’ fees paid over the past year as being £12,875,283.

The figures, being released by all Premier League clubs today, have been verified and reconciled by The Football Association, and include fees paid to agents for incoming as well as outgoing transfers, the renegotiation of existing player registrations as well as fees paid to agents during the stated period, but which relate to transactions predating it.

In Manchester City’s case, the fees relate to registrations in the above circumstances for 35 players, both domestically and internationally.

Speaking of the figures, Chief Financial Officer Graham Wallace said, “As has previously been stated by our Chief Executive Garry Cook, the level of player acquisition over the past year has been unprecedented as we have sought to rebuild our playing squad.

Squad building at this level and within such a short time frame is unlikely to be repeated. The figure in question relates to payments made for 35 players, many of whom predate this time period. The fees represent an average of £360,000 per transaction, and the total amount falls well within our annual budget and operating plan as approved by our board.”

Seems like an awful lot of money but I suppose that's no object to us these days.

Not too bad considering signing on fees for a few of our players will have been well over a million like Tevez most likely etc..

[ant london]

If I were working on a single deal which was debt funded and which amounted to GBP 200 million then I'd expect the arrangement fees from the bank to be less than that.

But, if it were three GBP 65 million deals I reckon the fees would be more in total.

So, all in all, it sounds outrageous but it doesn't shock me commercially....even if I think it is shockingly rapist-like money to make.

I don't like Gary Neville but he does make sense when he chides the modern player for being incapable of wiping his own arse. Any sensible family member, competent lawyer or just not a total fuckwit with a pair of balls would be capable of getting a decent standard of player a good salary and package without making him bend over for 15%.

I blame lazy stupid players for this, not the clubs who have little option but than to dance to the tune of those mandated to represent the players.

[DoomMerchant]

If I were working on a single deal which was debt funded and which amounted to GBP 200 million then I'd expect the arrangement fees from the bank to be less than that.

But, if it were three GBP 65 million deals I reckon the fees would be more in total.

So, all in all, it sounds outrageous but it doesn't shock me commercially....even if I think it is shockingly rapist-like money to make.

I don't like Gary Neville but he does make sense when he chides the modern player for being incapable of wiping his own arse. Any sensible family member, competent lawyer or just not a total fuckwit with a pair of balls would be capable of getting a decent standard of player a good salary and package without making him bend over for 15%.

I blame lazy stupid players for this, not the clubs who have little option but than to dance to the tune of those mandated to represent the players.

it's becoming more common in US sports for players to represent themselves...especially when a sport has a specific salary cap/level based on either years or service or contract status, etc. As you said, it's especially retarded to have to give these agents those fees, but in the grander scheme of things there isnt much you can do about it from a club perspective.

[ant london]

Thing is Doom, even without a salary cap in Premier League football most of the players transferred would be eminently capable of using low cost alternatives to agents who are on retainers which, not only get them a big chunk of transfer change but a fixed percentage of earnings throughout that contract.

Unless we are talking about the Beckhams, Ronaldos, Messis of this world (where image rights are hugely potentially lucrative and should either be carved out of salary deals, contain provisions where they are shared or the player is compensated for giving them up to his club) most players should (in these media transparent times) have a decent idea of how much they should be on per week vis a vis their peers and have someone negotiate accordingly...using the degree of enthusiasm in which they have been pursued by new club X as a barometer of whether they should be above or below or at that benchmark of salary.

Even if they want image rights (or more accurately if a potentially lucrative sponsor wants them available to control for certain campaigns) then either pay for one off legal advice or (more intelligently) have the prospective sponsor stump up for you to take your own advice if they want to benefit.

I have massive respect for James Milner who is smart enough to use the PFA (in consultation with his family) as his agent. I'm sure he could do a bit better financially in gross terms using Mr Fifteen Percent but I would wager that his net position is just as good if not better than some of his fuckwitted peers

[Beefymcfc]

That's a massive amount compared to the Premier Leagues overall spending of £70 million, however when you put it into perspective with our buys, it's not much. And in comparison to the biggest league spenders and how much we have, it's peanuts!

2 Sam Harris'!!!

[john@staustell]

It's the Chelsea one that's crazy - 9.6M on a spend of just over 19M. Madness mostly, I guess, due to contract renewals.

[Vhero]

It's the Chelsea one that's crazy - 9.6M on a spend of just over 19M. Madness mostly, I guess, due to contract renewals.

Yeah thanks to Mr John Terry. I reckon his agent got a HUGE chunk of that for what he did.