West Brom have saved money in two key areas by making use of the loan market over the past year.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after figures released by the FA showed that West Brom spent £4.2million in agents’ fees between February 2020 and February 2021.
That figure represents the lowest spend of any club currently in the top-flight.
In January, with the club battling an increasingly likely relegation, Albion signed Mbaye Diagne, Okay Yokuslu and Ainsley Maitland-Niles on loan deals.
Maguire explains that by signing players on loan rather than permanent fee-paying deals, Albion have saved money on both transfer fees and agents’ fees.
He told Football Insider correspondent Adam Williams: “The owner wants to sell up so he didn’t commit to a huge transfer spend in January. Big Sam also had a few comments with regard to Covid and Brexit making it more difficult to recruit players.
“So they didn’t make huge changes partly because of that. They’ve got loan players in, which will have saved them money in this regard. Yes, the agents are involved in the loan in order to look after the interest of their clients but they won’t be taking big fees.
“So if you go down the loan route it saves you money in two places: A) you’re not committing to a full fee and B) the loan sums going to the agents tend to be smaller as well.”
West Brom managed a shock 5-2 victory over Chelsea at Stanford Bridge on Saturday.
That result moves them to within seven points of safety with eight games left to play.