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FIFA Reveals Ridiculously High Agents Fees On International Transfers In 2014

Results worryingly show the ever increasing power of agents.

Agents earned fees totalling as high as £155 million in 2014, another annual rise according to figures released by world football’s governing body FIFA.

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English football again paid the most fees for agents, a staggering £51m more than next placed Italy, this despite the introduction of Financial Fair Play rules.

In total, the world transfer market spent more than £2.5 billion, with English clubs contributing over £770m to that amount. It would appear that growing commercial revenues paired with the increased TV deals have allowed English sides to increase their spending.

But most worrying will be the ever growing influence off agents who English clubs paid £87m to in 2014, a £12m increase on the year.

Big money deals such as United’s move for Radamel Falcao and Angel Di Maria will surely have added to this rise with super agent Jorge Mendes brokering both transfers.

Meanwhile, Spain and Italy both saw commissions for agents fall in their leagues whilst Germany saw the largest annual rise of the big European footballing countries with a £26m increase in 2014.

There was some good news, however, with big money spenders Paris Saint Germain reporting a drop in transfer spend as Financial Fair Play affected their ability to purchase players without sanction.

(Figures taken from Guardian)

 

 

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