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26 May 2004
Both the FA and the Premier League want clubs to divulge more information, BBC Sport online reported - this follows disclosures made by Manchester United regarding fees paid to agents and pressure from major shareholders calling on the club to improve its accounting practices.
Man Utd revealed that £13m of the £158m spent on players had been paid to agents over a three-year period.
Profile: FA chief executive (and accountant) Mark Palios
The club has now completed a thorough review of all corporate governance procedures. It also wants more financial details of transfers to be made public in the future to safeguard its reputation.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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