mooro
Well-known member
- Joined
- 13 Dec 2017
- Messages
- 4,059
Thank you.From the Court documents in the OP, on the regulations about Agents:
"Even though the terms are similar the crucial term that is not is in relation to whether the investor, whether that is Mr Standing or Mr Barry, owns beneficially 50% of the shares in Swinton. The reason why there had to be confidentiality about the beneficial interest, if there was one, or the fact of Mr Standing's or Mr Barry's involvement, was because of the Football Association's rules concerning the ownership of football clubs. Mr Standing has an interest in a company called First Touch Professional Management Ltd (FTPM) which is involved in the football agency business. Its main client is Mr Barry. The FA's regulations are now contained in the FA Regulations on Working with Intermediaries and they prohibit football intermediaries/agents from owning or having interests in football clubs. Mr Barry remains as a professional footballer, currently playing for West Bromwich Albion FC, and he too was unable to hold shares in any football club."
I wonder at what point his income from being an agent (does he represent anyone else of any, we, standing?) will fall below what he could make from club ownership? Can see this as having been a career planning move for him once Barry quits, not looking so clever now