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Why do local clubs conceal transfer fees?

Friday, July 15, 2022 | 90 Views |

Movement: Premier League players’ transfer fees are rarely disclosed PIC: PHATSIMO KAPENG

Local players make frequent switches between clubs, but in almost all instances, the transfer fee is not disclosed.

There is an expectation from fans for clubs to disclose the cost of a player so that they argue about the transfer – and the media too – so they know when to label a player a bargain or a bust.

Fans have a stake in a club through gate-takings, merchandise sales, and other investments. Hence, it is important to avouch that fans also deserve transparency on how the management is using the club’s finances, especially spending on players.

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Why do local clubs conceal transfer fees?

Local players make frequent switches between clubs, but in almost all instances, the transfer fee is not disclosed.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Inspect the voters' roll!