Tuesday, December 1, 2009

Man City biggest contributor to £70m EPL agents' bill

Manchester City paid nearly £13 million to agents in year to end-September 2009, the most out of the English Premier League clubs.

Man City topped the list of clubs, which was published by the Premier League yesterday, with £12,874,283. Next was Chelsea, with £9,562,223, followed by Liverpool (£6,657,305), Tottenham Hotspur (£6,066,935), and West Ham United (£5,527,548). Champions Manchester United were well down the list on £1,517,393.

UK newspaper The Daily Telegraph said the payments represented just over 10 per cent of the clubs' total spending on player purchases in the January and Summer 2009 transfer windows. The clubs spent £682.3 million in those windows.
The payments covered fees paid to agents by clubs on behalf of themselves, and on behalf of players, when acquiring players and renegotiating contracts with players; fees relating to previous transactions that were amortised over the length of a player’s contract; and fees to facilitate the outward transfer of players.

http://www.sportbusiness.com/news/171086/man-city-biggest-contributor-to-70m-epl-agents-bill?utm_source=sbinsl&utm_medium=email&utm_campaign=dec1

Editor : Not surprising that my beloved Arsenal has not even been mentioned here considering the stingy Mr.Wenger :)

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