Yeah, can't see it happening though.
UEFA considering cap on fees that clubs pay to agents
- Thread starter Bastian
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Which is what they do.
Mino won't like that! 
There's a reason the FA has a standard conflict of interest form for intermediaries, agents are generally contracted to act on behalf of both the player and the club.
Nah, clubs generally pay for the players' share of the agents fees and the player is taxed on the benefit in kind.
Same as when you or I have medical insurance or a company car provided by our employers, basically.
I was going to add that part, that's the real new thing. Clubs are more and more likely to let the agent or an agent deal with the negotiations which obviously has a fee.
Wouldn't that mean the money gets taxed twice?
It's not particularly new, been going on for years.
But that's part of his wage, they negotiate it that way. It's like clubs can pay for physios on behalf of the player but that's also part of the remuneration.
By new, I mean last 20 something years and it's more and more normal.
He had a cut on the next transfer fee, a really big cut. Think it was 40%.
Not sure about that.
about time
Sort of, yea, the contract stipulates wages over the course of the deal and then goes into details of any other amounts being provided, which is where signing bonuses, loyalty bonuses, win bonuses, insurances, intermediary (agent) fees etc.
There's often clauses relating to adjustments to the basic wage based on appearances but that's only really for younger players when they're breaking into a team.
Ah yea, definitely.
Yes, the player would pay tax on the income he received and would then have to pay his agent from his net income. The agent would then pay tax on his own income.
Great idea that will be backed up by all clubs. However, why is there even fees when they're paid a wage by the players to be their agent and do agent stuff?
Only thing I can think of is the player doesn't pay the agent but the agent+player agrees he's wage will come from future sales as a %.
Only thing I can think of is the player doesn't pay the agent but the agent+player agrees he's wage will come from future sales as a %.
I think its more PSG and City that has triggered this. Mainly PSG's recent record-smashing purchase of Neymar.
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UEFA is a hypocrite dictatorship.
If an agent finds a way to earn a lot of money by playing the role of intermediary, then I don't see the issue...
If an agent finds a way to earn a lot of money by playing the role of intermediary, then I don't see the issue...
Or, say, wanting to buy a house and paying the real estate agent's commission.Well said, its like wanting to buy a car, for instance, then having to pay the fecking salesman because you negotiated with them to get a good deal
Oh.
from a working perspective as well. It's like an employer paying for the recruitment firm when they hire a candidate. Happens all the time.If a club wants to attract a player, then the club has to pay transaction costs to reward:
- the selling club (if the player isn't free): transfer fee
- the player: signing bonus
- player's advisors: fees for the agent...
- club's advisors: legal advisors, fiscal advisors...
Some agents are brilliant because they are directly paid by the acquiring club and not the player they advise.
Smart
- the selling club (if the player isn't free): transfer fee
- the player: signing bonus
- player's advisors: fees for the agent...
- club's advisors: legal advisors, fiscal advisors...
Some agents are brilliant because they are directly paid by the acquiring club and not the player they advise.
Smart
These companies that like to underpay the employees but like to waste a crazy amount of money on various consultants...
Good. Absolutely ridiculous how much of the pie agents have been taking just for drumming up interest and doing a bit of negotiating.
Like any business, middlemen get paid alot.
I don't see the issue with it.
The market decides these things.
FIFA and UEFA officials complaining about middlemen is a bit rich.
As a newbie I cannot start a new thread, and I don't know where else to put this, but I think it is worthwhile to discuss it:
Arsene Wenger: Arsenal boss says Europe's 'big five' leagues 'being destroyed'
http://www.bbc.com/sport/football/42916936
I may disagree with Wenger on other issues, but I agree with him on this. Big money in football is getting ridiculous, and yes, for four of the five greatest European leagues their champion has already been decided in January. And things will only get worse, if nothing is done by UEFA. However, I am not holding my breath because UEFA is also controlled by big money...
Arsene Wenger: Arsenal boss says Europe's 'big five' leagues 'being destroyed'
http://www.bbc.com/sport/football/42916936
I may disagree with Wenger on other issues, but I agree with him on this. Big money in football is getting ridiculous, and yes, for four of the five greatest European leagues their champion has already been decided in January. And things will only get worse, if nothing is done by UEFA. However, I am not holding my breath because UEFA is also controlled by big money...
You don't see an issue with an agent taking many millions of pounds away from players and clubs for hardly doing any work?
Well we don't have any idea what they do, likewise other businesses where agents are paid loads of money.
What we do know as a fact, they facilitate movement of assets worth millions of pounds.
I don't know any industry where agents doing that don't get paid huge amounts.
We can debate if they are necessary but that's a different argument.
The same can be said for any other industry.
If you look at the money generated by the PL and compare it to agent fees you are at less than 2%, if I'm not mistaken.
It does seem so.
This has been an issue on the continent dir years and nothing has been done.
It's not tax efficient.
That was a completely separate thing. A specific arrangement with Juve whereby he effectively part-owned Pogba.
He didn't part owned him, Juventus didn't pay him and Pogba when they initial signed him from United. The deal was that they would get paid on the next transfer.
They really think that? All they will do is promote money laundering. Agents will still get their cut, just off the books.
It wasn't technically that (not sure if still allowed in Italy), but the outcome is the same. If I have an agreement with you that when you sell your car I get 40%. I don't have an asset, own nothing, but participate in the proceeds.
Make the rule and it will be dodged one way or the other.
Will go down the FFP way....useless.
It's not an ownership because he didn't own Pogba's rights that's a crucial point. Juventus owed them money on a previous move and the date to pay it was the next transfer. And it's illegal everywhere.
I think the main issue here is not the amount earned, but the completely wrong rules. There is such a thing as conflict of interest. An agent is hired by a player and is responsible for finding him the best possible deal. He should never be paid (and contacted) by the other side of contract (a club), because the club has different target than the player.
It’s as if either a club tries to “bribe” an agent who will act, because of the money, with different aim than just finding the best deal for his client, or an agent forces a club to pay, saying there will be no deal without such payment.
This would be a welcome move.
UEFA should act in bringing policies that make it difficult to take money 'away' from football. I will rather see the large chuck of 'the agent fees' paid to selling club or to the player himself rather than some agent taking money away. And some of the recent agent fees cited , its getting ridiculous.
Agent fees in Pogba - 23M ( some reports mention we have to pay agent every year meaking the total of 41M!)
Pogba's wages - 290,000 . So it takes Pogba one and half year to earn the same amount! Thats just ridiculous.
UEFA should act in bringing policies that make it difficult to take money 'away' from football. I will rather see the large chuck of 'the agent fees' paid to selling club or to the player himself rather than some agent taking money away. And some of the recent agent fees cited , its getting ridiculous.
Agent fees in Pogba - 23M ( some reports mention we have to pay agent every year meaking the total of 41M!)
Pogba's wages - 290,000 . So it takes Pogba one and half year to earn the same amount! Thats just ridiculous.