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Football League clubs paying less in agent fees
England - 18 February, 2008
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Football League chairman Lord Mawhinney said agents are doing more business but seeing less financial reward.
From July 2007 through December, the league had GBP 7.9 million in agent fees due to transfers, more than GBP 1.7 million more than the previous year.
But, in one sense, the fees have been smaller. During the same period, 19 percent of clubs' spending went toward agent fees. That was 10 percent less than the same time the prior year. In 2005, that figure was 23 percent. It was 63 percent in 2004.
Mawhinney credited regulations with reducing the fees. But Preston chairman Derek Shaw said clubs still are paying more. That money is going toward the players, according to Shaw.
From July 2007 through December, the league had GBP 7.9 million in agent fees due to transfers, more than GBP 1.7 million more than the previous year.
But, in one sense, the fees have been smaller. During the same period, 19 percent of clubs' spending went toward agent fees. That was 10 percent less than the same time the prior year. In 2005, that figure was 23 percent. It was 63 percent in 2004.
Mawhinney credited regulations with reducing the fees. But Preston chairman Derek Shaw said clubs still are paying more. That money is going toward the players, according to Shaw.
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