Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

[Snowflake Royal]

The FA really don't help themselves do they? 5 years for this to be sorted plus, it seems, precedents have been much less harsh. Question has to be asked though, how did they go down this route in the first place, they must have known it's illegal. Would the agent concerned also face some form of punishment?

They basically decided that the player was worth the risk of non-compliance and any expected sanction. Which they clearly expected to be light and confined to the club. Even £200k fine to the club 5 years ago probably seemed trivial compare to the potential benefits.

Or tried to use trickery to work round the restriction and failed.

[WestYorksRoyal]

I personally can't criticise the club for doing everything to sign a talent like Olise from our academy. His agent had us by the balls and we met his terms. It was vindicated; he played great football that gave us a chance of the PL, before bringing us £8m and quite possibly another £5m this summer.

The villain here is the agent who insisted on illegal clauses being inserted; why is there not a licensing system which allows the authorities to revoke his licence?

I get there is a counter argument that we could have called his bluff and told him it was an illegal clause which nobody else would have agreed to. But there is a more than reasonable chance that another club would have been willing to take the risk. And he's still the main villain of the piece for forcing us to make that decision.

He should immediately be sacked, with a more honest agent given the chance to make ££££s out of Olise's next big move.

[Sutekh]

Really hoping this sort of thing will become unecessary, or at least become much easier and fairer for all to manage, with an independant reguulator.

[From Despair To Where?]

The agent's been suspended for 6 months so it Olise moves this summer, he's kind of oxf*rd himself.

[WestYorksRoyal]

The agent's been suspended for 6 months so it Olise moves this summer, he's kind of oxf*rd himself.

Ban starts in October so as not to interfere this summer.

[Sutekh]

The agent's been suspended for 6 months so it Olise moves this summer, he's kind of oxf*rd himself.

Could be bad indeed for him, grapevine suggest that Liverpool may well be plotting a move to hijack the "Olise to United" rumour. So a possible bidding war is the last thing he'll want if that's the case.

[From Despair To Where?]

The agent's been suspended for 6 months so it Olise moves this summer, he's kind of oxf*rd himself.

Ban starts in October so as not to interfere this summer.

Fair enough. That will teach me to just read the headline.

[windermereROYAL]

So fine the club and punish NH immediately but give the agent 6 months grace, that sounds fair.

[blythspartan]

I can’t say I am happy about the club getting more bad publicity and a £200k fine. However, if we get another £5m if/when Palace sell Olise, happy days.

[rabidbee]

So fine the club and punish NH immediately but give the agent 6 months grace, that sounds fair.

Presumably this is because he might already be negotiating on behalf of a bunch of players who might be oxf*rd over through no fault of their own if they suddenly have to sign up with new agents whilst hoping any deals under discussion can just be picked up again.

[Armadillo Roadkill]

As he's about to become extravagantly rich and his time at Reading was a major part of making that possible, perhaps Michael would like to pay some or all of the fine himself?

[Snowflake Royal]

As he's about to become extravagantly rich and his time at Reading was a major part of making that possible, perhaps Michael would like to pay some or all of the fine himself?

[Linden Jones' Tash]

So when Bowen said there wasn't a sell on clause he wasn't telling the truth?.....

I'm shocked...

[Clyde1998]

So when Bowen said there wasn't a sell on clause he wasn't telling the truth?.....

I'm shocked...

I’m reading the FA decision to mean the agent got 10% of what the club received for Olise when we sold him to Palace (or would’ve done if the clause was active) - I can’t see any reference to a sell on fee should Palace sell him (someone point it out if I’ve missed it).

https://www.thefa.com/-/media/files/the ... final.ashx

[maffff]

Regarding today's FA sanctions

STAR are disappointed to learn of the harsh FA sanctions announced today against Reading FC for intermediary regulation breaches.

We are immensely grateful to Nigel Howe, Michael Gilkes and Sue Hewett for their many years of dedicated service to the Club and are pleased that the Club is providing them with support.

We know contract negotiations with agents are frequently complex and require difficult negotiation. In this instance an agent, previously suspended in 2017 for entering into a contract with a minor despite not being authorised to do so, pushed Reading FC towards entering a prohibited clause into dialogue regarding the players contract. In 2019 this player was due to sign their first professional contract and it's very possible negotiations would not have completed without the agent receiving additional financial incentives to their £25,000 fee.

What is clear from the judgment is that this particular prohibited clause was instigated by the agent in question, therefore this is where we would expect culpability to ultimately fall.

We are, however, pleased that through the hard work of Nigel, Michael and Sue we protected Reading FC by retaining the player. Not only short term, but also in securing a release clause which also has a future fee based on profit, which may further secure the Club's future. We were privileged to watch him progress through our academy, flourish in our first team and we are extremely proud that he is on the path to having an incredible career since his departure.

We are also relieved to see that these sanctions contain sensible mitigations which enable Nigel Howe to continue working hard to complete the sale of the Club to a new owner.

https://twitter.com/STARReading/status/ ... 88jMQ&s=19

[Snowflake Royal]

So when Bowen said there wasn't a sell on clause he wasn't telling the truth?.....

I'm shocked...

I’m reading the FA decision to mean the agent got 10% of what the club received for Olise when we sold him to Palace (or would’ve done if the clause was active) - I can’t see any reference to a sell on fee should Palace sell him (someone point it out if I’ve missed it).

https://www.thefa.com/-/media/files/the ... final.ashx

Page 6, section 23.

[Franchise FC]

So fine the club and punish NH immediately but give the agent 6 months grace, that sounds fair.

Be interesting to challenge the agent’s deal through the courts.
If it’s an illegal term it has the potential to be voided
Problem is, though, is it against FA rules or contrary to law ?

[Snowflake Royal]

The agent has a prior offence as well.

[Clyde1998]

So when Bowen said there wasn't a sell on clause he wasn't telling the truth?.....

I'm shocked...

I’m reading the FA decision to mean the agent got 10% of what the club received for Olise when we sold him to Palace (or would’ve done if the clause was active) - I can’t see any reference to a sell on fee should Palace sell him (someone point it out if I’ve missed it).

https://www.thefa.com/-/media/files/the ... final.ashx

Page 6, section 23.

Thank you.

[Clyde1998]

So fine the club and punish NH immediately but give the agent 6 months grace, that sounds fair.

Be interesting to challenge the agent’s deal through the courts.
If it’s an illegal term it has the potential to be voided
Problem is, though, is it against FA rules or contrary to law ?

That poses a question - if it’s only against FA rules, I assume the club would legally have to pay the percentage to the agent as agreed in this contract, should the terms of the clause be active. Could that see the club liable to another sanction from the FA?