06 Aug 2020 18:28:29
Evening ed002.
Just a quick question. I may be sounding a bit thick here.
When the a player moves to another club on a " free transfer " obviously there is no big number, the transfer fee. But does the 4% levy payment to the premier league still need to be paid? And I would assume the agents fees, re location costs, legal fees, signing on fee, plus the VAT on top still typically apply?
Cheers.
{Ed002's Note - Yes, everything applies for any free transfers or out of contract players. A committee sits and determines the value for such players.}
06 Aug 2020 18:31:05
Thanks ed002.
06 Aug 2020 21:12:52
Good question Drogue, I had no idea an arbitrary value was assigned to a player in order to calculate other fees associated with transfers.