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Post by brightlights on Apr 15, 2024 15:27:06 GMT
League One agent spending 2023/24
February 1, 2023 - February 1, 2024
Derby County - £434,465
Reading - £397,788
Fleetwood Town - £396,184
Blackpool - £395,345
Wigan Athletic - £391,223
Barnsley - £379,108
Portsmouth - £270,965
Bolton Wanderers - £262,506
Oxford United - £254,705
Charlton Athletic - £228,948
Peterborough United - £218,608
Wycombe Wanderers - £214,755
Bristol Rovers - £214,359
Stevenage - £149,107
Lincoln City - £145,601
Burton Albion - £135,766
Port Vale - £122,468
Cambridge United - £117,800
Exeter City - £107,205
Leyton Orient - £102,122
Northampton Town - £86,050
Shrewsbury Town - £79,173
Cheltenham Town - £63,100
Carlisle United - £62,682
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Post by bluecamel on Apr 15, 2024 15:28:51 GMT
That actually makes very interesting reading!! Fleetwood 👀
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Post by percy on Apr 15, 2024 15:49:20 GMT
How many of those top spenders have recently been in financial troubles/docked points/owner been arrested. How reading spent that much and didnt pay players on time! Should be relegated to non league
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Post by badengas on Apr 15, 2024 15:49:23 GMT
Over £5 million going out of the game for no good reason. Agents should be paid by the player if they want one, not the club.
A collective stand by ALL EFL clubs to not pay these is needed.
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Post by Quarters on Apr 15, 2024 15:57:23 GMT
Wondering how much it would have been if JCH had signed.
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Post by lastminutewinner on Apr 15, 2024 16:56:56 GMT
Outside of L1, notable mentions go to FGR £266k and York £128k in agent fees.
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Post by Topper Gas on Apr 15, 2024 17:42:22 GMT
Outside of L1, notable mentions go to FGR £266k and York £128k in agent fees. Wrexham over £600K(?) they are even out spent most L1 clubs this season!
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Post by eric on Apr 15, 2024 19:09:44 GMT
Over £5 million going out of the game for no good reason. Agents should be paid by the player if they want one, not the club. A collective stand by ALL EFL clubs to not pay these is needed. Totally agree. Clubs should be banned from paying any agent fees where the agent is acting for the player - if a player/agent is able to negotiate a signing on fee for the player it should get paid to the player with the appropriate tax deductions - the player can then pay his agent from his net income. They won’t like writing those cheques themselves.
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Post by gasify on Apr 15, 2024 19:56:30 GMT
Sounds like connections in football now is about connections to agents, not to players/managers/clubs...
Hmmm.
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Post by scdave on Apr 15, 2024 20:49:27 GMT
Since the conference season, I have done a post match 50/50 to raise funds to sponsor a young player each season.
Not sure if it was blarney, but Dave Bright told me they had to scrap the two tier sponsorship costs (younger players tended to be cheaper) due to image rights etc for first year pros instigated by their agent.
Not sure if that is part of the reason the youth team don't get a mention in the programme.
Absolutely agree any agents fees should come from the player not the club.
I work in pensions and in the early 90's bad financial advisors got easy commission to help their own wallets, not to help their clients. You can see the same sort of thing happening in football. How many promising kids make the wrong move based on crap advice from their agent.
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Post by lastminutewinner on Apr 16, 2024 12:39:49 GMT
Outside of L1, notable mentions go to FGR £266k and York £128k in agent fees. Wrexham over £600K(?) they are even out spent most L1 clubs this season! Yeah i saw that but didnt mention it as im not surprised with their disney money. No wonder so many players are becoming agents!
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Post by supergas on Apr 17, 2024 9:25:37 GMT
League One agent spending 2023/24 February 1, 2023 - February 1, 2024 Bristol Rovers - £214,359 Our average home attendance is around 7,900 this season. £214k divided by 7,900 is £27 so (allowing for concessions but ignoring corporates) we find ourselves as a club spending more than one whole home game's pre-tax ticket revenue on agents fees - and what benefit do we get? Someone needs to sort this out - I assume the UK football regulator will get around to it eventually but this is money being sucked out of the game which is of little or no benefit to the fans...
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Post by curlywurly on Apr 17, 2024 19:58:53 GMT
Outside of L1, notable mentions go to FGR £266k and York £128k in agent fees. F*@& me. Someone's taken Dale for a ride with that.
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Post by warehamgas on Apr 17, 2024 20:03:25 GMT
Outside of L1, notable mentions go to FGR £266k and York £128k in agent fees. F*@& me. Someone's taken Dale for a ride with that. They have! But I expect £265,999.99 went on Troy Deeney. UTG!
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Post by Topper Gas on Apr 17, 2024 20:45:38 GMT
League One agent spending 2023/24 February 1, 2023 - February 1, 2024 Bristol Rovers - £214,359 Our average home attendance is around 7,900 this season. £214k divided by 7,900 is £27 so (allowing for concessions but ignoring corporates) we find ourselves as a club spending more than one whole home game's pre-tax ticket revenue on agents fees - and what benefit do we get? Someone needs to sort this out - I assume the UK football regulator will get around to it eventually but this is money being sucked out of the game which is of little or no benefit to the fans... Why will they when they've ignored it for years? I assume the Premiership, even Championship, table is eye watering, what's the betting the agents are already looking at next season's increased TV money to ask for even higher wages for their players and so increased fees for their own work. You can virtually guarantee it won't lead to reduced losses for clubs like Rovers nor a cut in ticket prices for fans.
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Post by supergas on Apr 18, 2024 8:59:40 GMT
Our average home attendance is around 7,900 this season. £214k divided by 7,900 is £27 so (allowing for concessions but ignoring corporates) we find ourselves as a club spending more than one whole home game's pre-tax ticket revenue on agents fees - and what benefit do we get? Someone needs to sort this out - I assume the UK football regulator will get around to it eventually but this is money being sucked out of the game which is of little or no benefit to the fans... Why will they when they've ignored it for years? I assume the Premiership, even Championship, table is eye watering, what's the betting the agents are already looking at next season's increased TV money to ask for even higher wages for their players and so increased fees for their own work. You can virtually guarantee it won't lead to reduced losses for clubs like Rovers nor a cut in ticket prices for fans. Sooner or later someone will look properly at it, whether it's football authorities or HMRC. I've read a couple of articles about this recently - in the UK the FA suggest that in nearly 80% of transfers where (for tax purposes) the agent is 'representing both the player and the buying club' that's not the case - in reality the agent is only representing the player in terms of the work that is actually done. But all sides agree to this as all sides benefit tax-wise - however it's basically tax fraud. In the US many sports require agents working for players to be paid by the player. Services, commissions and agency fees are negotiated in advance and fees/taxes are written into the contract. The negative for this (for clubs and players) is at the highest level of sporting transfers higher rates of tax are paid - although that obviously benefits the government. A positive outcome was more and more lower-to-mid level sporting transfers/contract negotiations no longer require an agent - just a lawyer (which were involved anyway). There is basically a pro-forma agreement and the player and the club negotiate directly to fill in the blanks, meaning an agent is not required. As far as I can see the only losers in this situation are the agents...
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Post by Topper Gas on Apr 18, 2024 9:50:42 GMT
Why will they when they've ignored it for years? I assume the Premiership, even Championship, table is eye watering, what's the betting the agents are already looking at next season's increased TV money to ask for even higher wages for their players and so increased fees for their own work. You can virtually guarantee it won't lead to reduced losses for clubs like Rovers nor a cut in ticket prices for fans. Sooner or later someone will look properly at it, whether it's football authorities or HMRC. I've read a couple of articles about this recently - in the UK the FA suggest that in nearly 80% of transfers where (for tax purposes) the agent is 'representing both the player and the buying club' that's not the case - in reality the agent is only representing the player in terms of the work that is actually done. But all sides agree to this as all sides benefit tax-wise - however it's basically tax fraud. In the US many sports require agents working for players to be paid by the player. Services, commissions and agency fees are negotiated in advance and fees/taxes are written into the contract. The negative for this (for clubs and players) is at the highest level of sporting transfers higher rates of tax are paid - although that obviously benefits the government. A positive outcome was more and more lower-to-mid level sporting transfers/contract negotiations no longer require an agent - just a lawyer (which were involved anyway). There is basically a pro-forma agreement and the player and the club negotiate directly to fill in the blanks, meaning an agent is not required. As far as I can see the only losers in this situation are the agents... American Footballers seem to get ridiculously high wages, so where's the agents money now gone, to the players or the clubs?
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Post by supergas on Apr 18, 2024 9:53:32 GMT
Sooner or later someone will look properly at it, whether it's football authorities or HMRC. I've read a couple of articles about this recently - in the UK the FA suggest that in nearly 80% of transfers where (for tax purposes) the agent is 'representing both the player and the buying club' that's not the case - in reality the agent is only representing the player in terms of the work that is actually done. But all sides agree to this as all sides benefit tax-wise - however it's basically tax fraud. In the US many sports require agents working for players to be paid by the player. Services, commissions and agency fees are negotiated in advance and fees/taxes are written into the contract. The negative for this (for clubs and players) is at the highest level of sporting transfers higher rates of tax are paid - although that obviously benefits the government. A positive outcome was more and more lower-to-mid level sporting transfers/contract negotiations no longer require an agent - just a lawyer (which were involved anyway). There is basically a pro-forma agreement and the player and the club negotiate directly to fill in the blanks, meaning an agent is not required. As far as I can see the only losers in this situation are the agents... American Footballers seem to get ridiculously high wages, so where's the agents money now gone, to the players or the clubs? The players pay the agents. So the agents (in theory, if the players agree) get a similar income, but because it comes from the players not the club they also pay more tax on them. So the biggest benefactor is the US Treasury...
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Post by eric on Apr 18, 2024 12:08:56 GMT
American Footballers seem to get ridiculously high wages, so where's the agents money now gone, to the players or the clubs? The players pay the agents. So the agents (in theory, if the players agree) get a similar income, but because it comes from the players not the club they also pay more tax on them. So the biggest benefactor is the US Treasury... I’ve always said players should pay their agents out of their own pockets once their income has gone through PAYE and been taxed. How we ever got in a position where clubs pay agents when they are working for the player god only knows - does any other industry allow that to happen? Bonkers!
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Post by supergas on Apr 19, 2024 9:13:37 GMT
The players pay the agents. So the agents (in theory, if the players agree) get a similar income, but because it comes from the players not the club they also pay more tax on them. So the biggest benefactor is the US Treasury... I’ve always said players should pay their agents out of their own pockets once their income has gone through PAYE and been taxed. How we ever got in a position where clubs pay agents when they are working for the player god only knows - does any other industry allow that to happen? Bonkers! I was going to ask a similar question but then I realised that agents work in all fields - acting is the obvious one - in fact all performing arts. No idea how their pay is handled but I would bet no one in their industry is claiming agents are sucking money out of the industry whilst giving very little back...
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