Tuesday, 21 October 2008

Question 11

Eriksson exposes manager he claims is most corrupt

'THIS MAN IS A CROOK'

ENGLAND coach Sven Goran Eriksson has sensationally claimed top Premiership clubs are riddled with corruption.

The Swede accused managers of pocketing cash from transfer deals during taped meetings with a News of the World undercover reporter, we can reveal today.

· CLUB ONE is a struggling Premiership outfit whose manager Eriksson labelled "the worst" at taking backhanders.

· CLUB TWO is one of the country's most famous names whose boss Still accused of being involved in a big transfer "scam" .

· CLUB THREE is another leading side which allegedly paid over the odds for players in "illegal deals".

The explosive claims of Eriksson and his agent came at meetings in Dubai with our reporter who was posing as a rich Arab. We were there to speak to him about a coaching role at a football academy but Sven suggested our man buy Aston Villa and agreed to run it.

Eriksson wanted a £15 million three-year contract "after tax". He eagerly offered to go scouting and watch Villa — AND he said it would be no trouble moving home. He told our man the keys to him doing the job were "the price to buy the club. And then how much are you willing to invest the next year. I think that's the most important."

Source: News of the world 22nd January 2006 (adapted)

Questions

  1. If a player costs £10m and the Agent is paid 10% of the player’s fee what is the total cost to the purchasing club?
  2. If a player is on a free transfer but his salary is £5 m a year what is the weekly cost to the club?
  3. If a player costs £4m and is then sold back to the selling club a year later for £3m and in both cases the player (who did not ask for the transfer) receives 10% of the fee, how much does the player make?
  4. If tax is 40% and Sven wants £15 million 3- year contract after tax how much is the gross?

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