IPSWICH Town come out well in Championship table of money spent on agent fees
IPSWICH Town paid out �233,990 on agents’ fees during the 2011/12 season.
The figure compares well with the rest of the Championship, led by West Ham who spent a massive �4,314,270.
Town were 19th in the league table with only Barnsley, Blackpool, Coventry City, Doncaster Rovers and Hull City spending less.
In all, according to the data released by the Football League today, Ipswich made 43 transactions between July 1, 2011, and June 30, 2012, made up of 23 new registrations or transfers, six update contracts, seven cancelled contracts and seven loans.
The figures show that Football League clubs committed a total of �21.7m on agents’ fees during the 2011/12 season – Championship clubs accounting for �18.7m of that total.
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In announcing the figures, Football League chairman Greg Clarke said: “While �21m is a lot of money leaving the game, it should also be noted that a considerable amount of this total has been spent by a small number of clubs. In fact, almost a fifth of the overall figure was spent by one club alone (West Ham).
“Where such spending forms part of a sustainable business plan it shouldn’t be of great concern and supporters should be encouraged to see our clubs committing themselves to the new Financial Fair Play regulations that will take effect across all three divisions in the new season.
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“In time, these rules will require clubs to be more circumspect with regard to their spending and may help reduce the costs incurred in this area.”