Archive for tag: Derek Llambias on Barton transfer.

Llambias “more than happy” to be probed on Barton deal (Updated)

September 14th, 2011 | 29 Comments |

Llambias: Nothing to hide.
Owlheed: Nothing to hide.
As question’s are asked over the alleged £2.5 million in agent’s fees involved in Joey Barton’s transfer to Queen’s Park Rangers, Newcastle United’s Managing Director, Derek Llambias, washed his hands of the affair, insisting that he is “more than happy” for Newcastle United to be probed by the FA over the deal.

According to the Sun newspaper (I know, I know), The FA have been “urged” to probe Barton’s transfer to the west London “Hoops”, more specifically, the issue of alleged fees paid to Barton’s agent, Willie McKay, and a mystery company brought in to represent Barton. There has even been specultion that this mystery company may even be Barton himself, or someone else very close to the player.

To explain: In this case according to the Stun, rather than McKay acting for Barton as his agent, as would usually be the case, he is alleged to have acted for Queen’s Park Rangers instead, with the above mentioned mystery company acting for Barton’s interests.

There fees were said to be £1.3m to McKay, and £1.2 million to the mystery company who acted as Barton’s representative. The newspaper also alleged that a £1.5 million signing on fee was paid to Barton himself on a four year contract with £40,000 per week salary. Beisdes this, it also said that Barton would be paid a £250,000 end of season bonus if QPR avoid relegation at the end of the season.

When grilled by a Stun reporter on the unconventional arrangement, McKay said of the deal: (more…)