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AFC Bournemouth: Cherries spent £688,666 on agents' fees during 2012-13
AFC Bournemouth spent an eye-catching £688,666 on agents' fees from July 1, 2012 to June 30, 2013, the Football League has today confirmed.
Cherries' figure - a substantial rise on the £187,509 the club forked out during the previous 12 months - was the highest in the third tier last season and ninth in the Football League.
The latest publication of spending to players' representatives showed that Football League clubs committed a total of £21.5million to agents during the 2012-13 season - a drop of £170,000 on 2011-12.
However, Cherries' promotion bid and squad revamp saw them part with £688,666 on a total of 67 transactions, which comprised 30 new registrations/transfers, 11 updated contracts, 12 cancelled contracts and 14 loan deals.
Among the new recruits were Matt Ritchie and Ryan Fraser - purchased for a combined sum believed to be in the region of £800,000. Boss Eddie Howe also secured the cut-price signing of promotion hero Brett Pitman during the period, as well as goalkeeper Ryan Allsop on a free transfer.
During 2012-13, Cherries negotiated contract cancellations with the likes of Lorenzo Davids and David James, both signed by previous manager Paul Groves, as Howe looked to shape his team and trim the wage bill.
Key players including Harry Arter, Steve Cook, Shaun MacDonald and Marc Pugh were handed new long-term contracts.
Elsewhere in League One, Coventry City were the next highest spenders to agents with £252,256, while Championship outfit Blackburn topped the lot by splashing out in excess of £3.5million.
The Football League reported that the amounts disclosed include all guaranteed payments due to an agent from player transactions during the reported period, even if those payments include instalments payable outside of that timeframe. The league added that the figures contained in the report include sums committed by clubs to agents directly as well as any sums paid to players, in accordance with their contracts, to enable them to satisfy their liabilities to their agents.
A Football League spokesperson told the Daily Echo that they do not reveal details of payments to individual agents. When contacted by the Daily Echo this afternoon, ex-chairman Eddie Mitchell, who resigned his post this week but was in charge during the period covering the published figures, politely declined to comment.
The club has so far opted not to comment.
AFC Bournemouth's spending on agents' fees in previous five years:
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