The Independent is reporting today that the true cost of any club signing Demba Ba in January will be a massive £30M, when you add up his wages on a four-year deal, and the fact his agents want an amazing £5M for doing the deal. Good work if you can get it.
Demba Ba – total four year deal close to £30M
We know football agents are greedy and are killing the game – but this is ridiculous.
The Independent is saying that Ba wants around £80K/week in wages – which is consistent with the news stories, and we would guess that Newcastle may have offered close to £60K/week to the Senegal International striker, which is what Newcastle captain Fabricio Coloccini is said to earn on Tyneside.
But here’s what the total costs to a club are in signing Ba to a four-year contract:
- Initial fee of about £7M to activate the release clause
- The fees required to pay his agents are estimated at an astonishing £5M
- A four-year deal at £80K a week is around £16M in total wages over the length of the contract
- Insurance on Ba’s dodgy knee
So that’s around £28M plus insurance on his knee – and we suppose that’s close enough to £30M, which is what the Independent is reporting the total deal would cost.
Ba is getting £40K/week on a three year deal on Tyneside, that runs out in a short 18 months time, so Newcastle are very keen to tie up Ba on a longer term deal – soon – and hopefully before January rolls around.
We’d love to see Ba stay on Tyneside, and news of a new contract for the big man, would be tremendous news for Newcastle fans everywhere.
We hope that happens – and happens soon.
What do you think?
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7 comments so far
WhyteThunder
Dec 8, 2012 at 9:27 AM
Comment #1His representatives will carry this deal until it closes in 18 months. Then he will find difficulty in signing with a club b/c his agents think he should get top earner w/ Real Madrid…
Constanstine
Dec 8, 2012 at 9:31 AM
Comment #2If the club can’t prove their determination with this deal and he has to go then let it be. The next ones up are Cabaye and Ben Arfa contracts. Be prepare.
WWYCD
Dec 8, 2012 at 9:33 AM
Comment #3Repost
Jesper
I hope so mate but people throw around money like its nothing these days so we will have to wait and see
I agree on bringing in a real first team striker option, in fact any attacking option winger, CAM or striker
gazzaforever
Dec 8, 2012 at 9:40 AM
Comment #4Ben arfa is a cam , put him there, he will change everything
archaeomag
Dec 8, 2012 at 9:46 AM
Comment #5“So far Newcastle have yet to receive a single phone call enquiring about the Senegalese forward” Independent
Cannot be true – – the local hacks have had him out of the door every week since he arrived – – unless they make it all up to sell their crappy newspapers.
Charlie in the Gallowgate
Dec 8, 2012 at 11:37 AM
Comment #6That’s the hacks job to get a story
If not make one up that’s there job- stir the sh*t up sell a few more papers.
As for agents – pond life
karlito
Dec 8, 2012 at 9:16 PM
Comment #7If true, pretty sure his agents are breaking the law. Committing malpractice. If the agents are holding up a deal in order to negotiate more money for themselves rather than their client, they are not representing their client and, presuming English common law is similar to American in this context, going against their fiduciary duty to their client. That’s why you’re supposed to have a set contract with the player and you only get paid through him. Does English law really allow lawyers/agents to hold their clients desires ransom for their own benefit while negotiating solely for their own benefit? Stories like this make me wish I were an English barrister and could get involved in filing a suit in support of these footballers that are getting exploited like this…