{"id":81,"date":"2022-03-30T07:32:22","date_gmt":"2022-03-30T07:32:22","guid":{"rendered":"https:\/\/m2recovery.com\/?p=81"},"modified":"2022-05-19T09:17:28","modified_gmt":"2022-05-19T09:17:28","slug":"what-the-secret-world-of-football-agents-has-to-do-with-your-commercial-property-insurance","status":"publish","type":"post","link":"https:\/\/m2recovery.com\/what-the-secret-world-of-football-agents-has-to-do-with-your-commercial-property-insurance\/","title":{"rendered":"What the secret world of football agents has to do with your commercial property insurance?"},"content":{"rendered":"\n

The world\u2019s leading football agents have become millionaires off the back of pedalling their clients between Europe\u2019s richest clubs. But even with the massive commission payments they receive for being the middlemen for the biggest transfers in world football, some agents have taken to receiving secret \u2013 and illegal \u2013 commissions to broker deals.One case even made it to the High Court, which was sought out to rule on an \u00a38 million pound secret commission claim involving a Premier League
club.Since then, other footballers have come forward claiming their agents received undisclosed commission payments in return for advising their clients to sign particular deals.England and Manchester United star Andrew Cole is just one of more than a dozen former footballers on a list that includes the likes of Match of the Day pundits Danny Murphy and Robbie Savage suing an asset management firm over payments to agents.The High Court heard how the 16 players asked their
agents to recommend a financial adviser who then put them in touch with an asset management company. The footballers paid commission for this, but they claim they were not told the money would be shared with the agents.But this unfair practice of secret commissions is not just reserved for the world of football agents, it is also commonplace in property insurance involving managing agents.\u201cIn our experience, the prevalence of secret commissions is widespread within the
commercial property sector,\u201d says M2 Recovery founder Neil Holloway. \u201cUnfortunately, we also know there is widespread reluctance to change due to the fact that these secret commission payments are often financially supporting a business or subsidising other less profitable activities within that business.\u201cThis, however, must change and it is to that end that M2 Recovery is working.\u201dThink you have been a victim of secret commissions?\u00a0Get in touch<\/a>\u00a0with M2 Recovery now for a free evaluation<\/p>\n","protected":false},"excerpt":{"rendered":"The world\u2019s leading football agents have become millionaires off the back of pedalling their clients between Europe\u2019s richest clubs. But even with the massive commission payments they receive for being the middlemen for the biggest transfers in world football, some agents have taken to receiving secret \u2013 and illegal \u2013 commissions to broker deals.One case… <\/a>","protected":false},"author":1,"featured_media":82,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ghostkit_customizer_options":"","ghostkit_custom_css":"","ghostkit_custom_js_head":"","ghostkit_custom_js_foot":"","ghostkit_typography":"","footnotes":""},"categories":[1,5],"tags":[],"yoast_head":"\nWhat the secret world of football agents has to do with your commercial property insurance? - M2 Recovery - Protecting your Money<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/m2recovery.com\/what-the-secret-world-of-football-agents-has-to-do-with-your-commercial-property-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the secret world of football agents has to do with your commercial property insurance? - M2 Recovery - Protecting your Money\" \/>\n<meta property=\"og:description\" content=\"The world\u2019s leading football agents have become millionaires off the back of pedalling their clients between Europe\u2019s richest clubs. 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