Joey Barton was tweeting on Thursday that he needed “some thinking time and space” and it was obvious he was referring to his move to Queens Park Rangers after being told he can leave Newcastle United.
Newcastle will receive no fee for Barton — after he was informed he could leave for free — but the details of the deal offer an insight of the financial power wielded in such cases.
It’s perhaps not well known that when a player signs for a club, his agent’s fee often equates to a percentage of his salary paid over the course of the contract.
QPR’s initial offer to Barton is understood to have been £40,000-a-week plus a £1.5 million signing on fee — and a payment of £250,000 if the club avoids relegation. It’s thought that offer was then superceded by a significantly improved one — a straight £80,000-a-week to Barton in a three-year deal — which represents a significant increase on the £60,000-a-week he earns at Newcastle.
If correct, it’s a huge financial outlay for QPR — wages of more than £12 million spread over the term of his contract (it may be even more if he is granted a four-year deal). The agent, in this case, Willie McKay would then normally ask for 10 per cent with the club countering by saying they will only pay four per cent. Usually the two parties meet in the middle, five or six per cent.
So McKay, legitimately, could expect to receive more than £600,000 from the three-year deal — although an agent will ask for more if he has worked hard to make the deal happen. And given Barton’s reluctance that may well be the case with QPR.
Newcastle will receive no fee for Barton — after he was informed he could leave for free — but the details of the deal offer an insight of the financial power wielded in such cases.
It’s perhaps not well known that when a player signs for a club, his agent’s fee often equates to a percentage of his salary paid over the course of the contract.QPR’s initial offer to Barton is understood to have been £40,000-a-week plus a £1.5 million signing on fee — and a payment of £250,000 if the club avoids relegation. It’s thought that offer was then superceded by a significantly improved one — a straight £80,000-a-week to Barton in a three-year deal — which represents a significant increase on the £60,000-a-week he earns at Newcastle.
If correct, it’s a huge financial outlay for QPR — wages of more than £12 million spread over the term of his contract (it may be even more if he is granted a four-year deal). The agent, in this case, Willie McKay would then normally ask for 10 per cent with the club countering by saying they will only pay four per cent. Usually the two parties meet in the middle, five or six per cent.
So McKay, legitimately, could expect to receive more than £600,000 from the three-year deal — although an agent will ask for more if he has worked hard to make the deal happen. And given Barton’s reluctance that may well be the case with QPR.
No comments:
Post a Comment