IN keeping with rules and regulations set by the Football Association, Coventry City Football Club publishes the value of money paid in agents' fees over the period between October 1, 2010 and September 30, 2011.
During this 12 month period Coventry City Football Club has paid a total of £220,537 to agents.
I'm sure we can go one thread every now and then without the SISU conspiracy theories.
Fees will include all current players that have re-signed contracts as well as players sold, left club
Excuse my ignorance but why should the club have to pay the agents fees for re-signing new players? Surely the player pays his agent to negotiate him the best deal? Why would the club pay an agent to squeeze the best deal possible out of themselves?
When negotiating new contracts there will usually be a signing on fee, a weekly basic wage, various bonuses (e.g. goal, assist, win, clean sheet, loyalty). Players use agents to negotiate these for them, but agents charge the club an agent's fee - the complete opposite of traditional entertainment agents that charge the 'act' a percentage of any income they generate.
So they get paid by both sides? Nice work if you can get it.
Can a club refuse to deal with agents then?
I think Marlon Kings agent was paid too ...
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