Depressing – Revealed how much Newcastle United paid in agents fees in 2017/18
Tuesday afternoon has seen the total amount of agents fees paid by Newcastle United over the past 12 months made public.
The decision was made a while ago by the authorities that all agents fees paid by top English clubs had to be made public in the need for transparency.
The period covers the last two transfer windows (Summer 2017 and January 2018) and represents all intermediary and agents’ fees paid by clubs during the specified period via the FA’s clearing account.
Remember, this is money paid to the middle men that is not just necessarily when buying players, plenty of clubs using agents to help sell players as well, especially those clubs who might be operating on only a skeleton staff…
Listed below are the official FA amounts as reported by Rob Harris of Associated Press.
All intermediary and agents’ fees paid by Premier League clubs over the past year (Summer 2017 and January 2018 transfer windows):
As you can see, Newcastle United have spent a massive £7,409,760 in these past 12 months on agents fees.
NUFC are 11th highest spenders on agents fees.
Maybe the most interesting is the fellow promoted clubs, Brighton spending less than four and a half million and Huddersfield less than two and a half.
Those two clubs spending less than Newcastle even when you combine their agents fees, even though both of them spent far more on players than NUFC.
In the past we have reported that with Newcastle United only having a skeleton staff running the club, it has been claimed that is why they pay far more than you would expect to agents, to set up deals both buying and selling players.
Whatever the truth, it is always depressing to see all that money going out on agents fees.
These latest figures compare to £10,449,578 on agent fees between 2 February 2016 and 31 January 2017.
However, you did see an amazing turnover of players (in and out) last season, whereas this past 12 months there has only been six (senior) permanent buys, plus the three loan deals in January 2018 (Dubravka, Slimani and Kenedy).
(The agents fees total also includes money paid out when ‘work’ is done in terms of negotiating new contracts for existing players)
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