Agents Fees Decrease By £1m
"We said the figures last year were high as a result of a number of high-profile departures from the club and also anticipated subsequent reports would show a marked decrease.
"This last close season we recruited heavily. A number of these players were recruited on free transfers under stiff competition from other clubs. Agents were used to ensure that we were able to sign players who we felt would be able to take the club forward.
"In addition we have recruited other players whose overall cost will be in excess of £4million, again utilising agents to ensure that these players were recruited in the most economical manner.
"We will continue to strive to reduce the sums paid to agents but we accept that, inevitably, further payments will be made to them in respect of the services they provide."