If you were worried about the over bloated transfer fees in football today, the bad news is it may never go away according to FIFA licensed Player representative and match agent Stephen Eghosa Obeto.
Ligue Un club, Paris Saint-Germain shattered the transfer record for a player when they triggered the release clause of Barcelona forward, Neymar.
PSG completed the player’s signing for a record €222million on Thursday.
Credit: Twitter | PSG_inside
Similarly, on the same day, 20-year-old Nigerian forward Kelechi Iheanacho completed his transfer from Manchester City to Leicester for an undisclosed fee.
However, the Nigeria International’s move was not all plain sailing.
There had been reported back and forth negotiations over several months as the clubs worked to reach an agreement over the actual transfer fee, personal terms but particularly the representative’s fee.
Obeto said in Kelechi’s case the battle between the several representatives on the table forced the protracted deal.
He explained that the lucrative TV deals, player endorsements and marketing deals in recent seasons triggered the sky rocketing fees but also does not see an end insight.
‘It’s a bit complex because there’s a lot of interests involved. Marketing, TV rights are some of the questions that shoots the figures of players high.
‘In Kelechi’s case there were some little issues with the original guys that brought him to the UK and the guys marketing him at the moment. If things aren’t done correctly, losses will come.
‘What this trend simply means is that this trend will continue, it’s not going away.’
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