Football League agent fees on the rise

24 Apr 2008

By: Sport Industry Group

The Football League has followed through on its commitment to financial transparency by revealing that its constituent clubs spent £6.21m on agents’ fees in the first six months of the season.

The figure represents an increase of close to £1.8m on the same period in the previous season.

Despite the rise, the Football League remained optimistic that it was addressing the issue following the introduction of new regulations for player agents late last year.

The new rules include a ban on dual representation in terms of agents representing both players in a transfer and the outlawing of agents passing on transfer costs to clubs.

League chairman Lord Mawhinney said: ‘We understood the culture of paying agents would take time to reverse. These figures underline that reality.’

Coca-Cola Championship clubs contributed 88% of the total amount spent on agent fees with Southampton the biggest spenders, paying £842,533. Leeds topped the table last year, when they spent £576,800 on agents.

Football League clubs took part in 2,034 transfers from 1 July to 31 December 2006, up from 1,765 for the same period last year. The clubs committed to pay agents in 24% of these transactions.