What do you guys make of this? I doubt anything will happen over it but just wondering on a Man Yoo fans view...
Man Yoo Probed Over Transfer Deal
THE Football Association is to investigate a £2.3m deal that brought Manchester United's American goalkeeper to Old Trafford after allegations of hidden payments to agents.
The Sunday Times has uncovered evidence that a six-figure sum was paid to an agent who is a business partner of Jason Ferguson, son of Sir Alex Ferguson, the United manager.
The FA inquiries raise fresh questions about conflicts of interest in transfers involving Ferguson and his son's company, the Elite Sports Group.
The Old Trafford board warned Ferguson two years ago to avoid dealing with his son's company to prevent the appearance of impropriety.
However, inquiries into the secret transactions surrounding the transfer of the American Tim Howard have uncovered involvement by Jason's agency and his close business partners.
The Sunday Times has passed leaked documents about the transfer to the FA's compliance unit, which investigates football transfers. A member of the compliance team said the papers appeared to show "clear breaches" of FA rules.
David Davies, the FA's executive director, said: "Various documents are now in our possession. They will be studied very carefully and any breach of the rules and regulations that they show will then be discussed as a matter of urgency."
Howard was transferred from Metrostars, a New York club, in July. The fee was modest by today's standards and the deal appeared relatively straightforward.
Surprisingly, United hired a Swiss football agent — whose English was so patchy that Howard's American agent could not understand him — to "obtain a work permit to play in England". Yesterday a spokesman for United was unable to explain why a foreign-based agent with no expertise in English immigration law was chosen.
When the deal was signed on July 14, United paid a substantial sum to the agent, Gaetano Marotta. Leaked internal documents show that Marotta then paid $225,000 (£139,000) — most of his commission — to Mike Morris, a Monaco-based agent.
Marotta and Morris have close financial ties with Jason's Elite agency. Elite allows Morris to use its Manchester offices, pays his mobile phone bills and they share the same financial and legal advisers.
When Marotta was approached last week, he denied knowing Morris, Elite or Jason. In a later call, he changed his mind and claimed he actually had rolling partnership agreements with both Morris's agency and Elite. Marotta said: "All my players I have in Europe; Mike Morris and Elite Sport have the priority. I know Elite Sport; Elite Sport is my friend. I have a relationship with them."
Morris confirmed he had an agreement with Marotta, which began two years ago, but he denied he had been involved in the Howard deal. He refused to comment on his invoice to Marotta in relation to the Howard transfer and declined to answer further questions.
United's spokesman said he was not aware of the business relationships between the three agencies. He also said the club had no knowledge of any involvement by Morris or Elite in the Howard transfer.
A director at the club said: "This relationship is not known by the club. It would raise questions. In the deals I know of, none of those parties [Marotta, Morris and Elite] came together or were ever presented as having any links. Yes, Marotta was involved in the deal; the rest of them is news."
He added: "As a board, as a public company, you are concerned about conflicts [of interest] all the way along. That has been made clear to Sir Alex in relation to Elite."
On Friday, Jason denied his company had an agreement with Marotta and that Elite had been involved in the Howard deal. "There is no partnership agreement between our firm and Marotta. We were not involved in the transfer of Tim Howard," he said.
The House of Commons All-Party Football Group is to publish a report on football finance next month. Its chairman, Alan Keen, said it was almost certain to follow it with an inquiry into the conduct of football agents.
The Inland Revenue has expressed concern about the use of cash by players' agents and has begun its own inquiry.
Taken from the Sunday Times, click HERE for the article and click here for a more in-depth article on the subject