What a time to be an agent in the footballing world, eh? The rich just keep getting richer and richer and richer.
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The steady increase in transfer fees being paid for players — bad, good, great and amazing alike — has made quite a few “selling” clubs rich reach over the last decade or two, to be sure, but it’s also made another group of people obscenely rich: player agents.
As the soccer world has gone crazy with its “now, now, now” approach — managers must win now, or they’re fired; new signings must become stars now, or they’ll be sold; etc. — agents are the ones making out like bandits — no losses to be sustained on players who turn out to be flops; no future loss of wages due to taking “too long” to settle in and being labeled a flop — at the expense of clubs and, most cruelly, the players.
More than $195 million was paid out agents by Premier League clubs across the January and summer transfer windows, with Liverpool — ever the club in constant change — paying out $21.5 million in agents fees to remain top of the table for a second straight year. Manchester United, Manchester City, Chelsea and Arsenal were the four other clubs to top $15 million.
Agents not only receive a fee when players change clubs through transfers, but can only be compensated again and again when one of their clients signs a new contract with their current club.
For instance, Wayne Rooney has signed at least four new contracts since joining Manchester United in 2004, the latest of which came barely three years after he was given a new five-year deal in Oct. 2010 upon handing in a transfer request in an attempt to force a move to Manchester City. Rooney’s current weekly wage is reported to be in the neighborhood of $450,000. His agent, Paul Stretford, will have received a sizable payday upon negotiating the deal in Feb. 2014.
At the end of the day, sports are little more than a business, and it’s the ones who play the game — the political game, that is — the best, and most ruthlessly, who are making out like bandits.