The player must be charged instead of the club
In the world of handball, it is usual for the club to pay the agent.
Sportbladet can reveal that it is usual for the club to pay eight percent of a player’s gross salary to an agent each season.
– Many players are driving behind the light, says a source with great transparency.
From July 1, it will be discontinued when new rules are introduced.
Handball agents are becoming more and more in number as more money comes into the sport.
It is a custom in both Sweden and Europe for handball that the club is responsible for the agent’s fee.
Many players do not have a written agreement with their agent stating how much the agent takes away from the deal. So these players never see how much of their potential salary the agent snatches when he bills the club. Many players are being led behind the light, says someone who has great insight into this part of the handball world but wishes to remain anonymous.
He earns his money on the player’s salary
But since there are almost no transfer fees in the handball world because clubs wait for players’ contracts with the club they’re playing to expire (it is common for clubs to sign contracts with players that take effect after a year and a half to two years), agents earn their money on players’ salaries and any bonus Login.
Sportbladet can reveal that agents typically receive eight percent of the total salary and any sign-up bonus. This applies not only to the first contract year but to every season to which the contract applies.
Eight per cent is a record in both Sweden and Europe, says a source with insight into Sportbladet.
If a Swedish player signs a three-year contract with a Bundesliga club and earns 100,000 per month, the player’s agent will earn SEK 96,000 per year for three years (total 288,000).
‘Clear and direct feeling’
Now there will be a change in that.
After major European clubs and a number of leagues pushed the case vigorously before the International Handball Federation from 1 July this year, the new rule means the agent can no longer charge fees to both the club and the player in the event of a transfer or extension. .
The agent may represent only one party and the party represented by the agent must pay the agent, says Peter Gentzel, in Swedish Elite Handball.
Whoever gives the allotment to someone must pay. It’s a straightforward feeling, says Stefan Albrechtson, club manager at Sävehof.
Was it usually the clubs that had to bear the cost?
– Yes, it was consistent, confirms Albrechton.
However, if the club hires an agent, for example, to find a midfielder for its team, the club must pay the costs associated with this task. The customer must pay.
– Thus, it will be very important who made the connection, and so everything will be documented by email and text in the future, unlike before when he often started with a more fluid conversation between the agent and the club about what is on market, explains an anonymous source.
Doesn’t get cheaper for clubs
But clubs shouldn’t think players will be cheaper just because they don’t have to pay an agent. Instead, the player’s price or salary will be increased by eight percent because he will now be the player paying the agent, who in turn does not work for free of course.
– The result is that the cost of the clubs will be the same, but the money goes to the player instead, then the player has to replace the agent, which is also absolutely true. Otherwise, the player’s salary is paid to the agent and then added to the player’s income. Now it would be even more correct according to Swedish tax legislation, says Peter Gentzel.
From Sportbladet sources with great transparency:
– Players will have a completely different power or role. They also learn to really realize how much they “donate” their agent each year when the agent now has to bill the player each year instead.
If the new rule is not followed, there will be a penalty fee, which is not yet known.