Football bosses work to improve governance

Link: Man Utd to improve accounting policies

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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