THE SELL ON FEES; Holloway: I got a cut from sale of Charlie ... and I deserved it Newell: I had a deal like Jackie's but United fans are right to be furious.
Ian Holloway last night launched a staunch defence of football managers taking a cut of players' transfer fees.
The former boss spoke out after it emerged that Dundee United gaffer Jackie McNamara and his management team pocketed cash from recent sales - and the revelations have caused uproar among the Tannadice faithful.
Holloway was at the centre of similar controversy four years ago when it was discovered he was due a slice of the PS8.5million Liverpool paid Blackpool for Charlie Adam.
He was in charge at Bloomfield Road at the time and was even forced to deny he was holding out for a bigger fee to boost his bonus.
Holloway signed Adam from Rangers for what turned out to be a snip at PS500,000 with the Scotland midfielder sealing a big-money switch to Anfield a couple of years later.
But the former boss, recently sacked by Millwall, claimed managers deserve to be rewarded." when profits are made from their signings.
He said: "There isn't anything mysterious or shady about the way football managers are paid. We are like anyone else in the world.
"When we BIG MONEY take a job we sign a contract and work to those rules. I hit the headlines when it emerged I'd receive a percentage of the money Blackpool got for Charlie Adam.
"It wasn't even an issue for me but the way it was pounced on by some, you'd have thought I was the bloke at RBS getting nearly a PS1m bonus.
"But why the fuss? This kind of thing is in the contract." of a lot of managers and is completely above board. and legitimate.
"I deserved a cut. I spotted Charlie's potential and took the gamble of bringing him to the club. They call it performance-related pay at other places, so why should football be any DIFFERENT ? If I discover a player, sign him and he's later sold for a huge sum, earning my employer millions, I should get something out of it.
"I am proud of the way I coach, the way I spot young players and try to improve both them and the club I am working for.
"Money isn't my motive, never has been and never will be. But if I am successful then, like any individual at any company, I don't see why I shouldn't be rewarded."
MIKE NEWELL reckons managers getting a cut of player sales is one of the best kept secrets in the English lower leagues.
So the former Blackburn, Everton and Aberdeen striker would not be surprised if Scottish clubs are following suit.
NEWELL became a whistleblower in 2006 after lifting the lid on agents involved in dodgy deals when he was in charge at Luton Town.
But he insists managers having clauses in their contracts to pick up percentages of sales is legitimate - as he had a deal like that himself.
On Thursday, angry Dundee United fans claimed boss Jackie McNamara has a similar arrangement in place at a similar arrangement in place at Tannadice - and last night the club Tannadice - and last night the club confirmed certain bonuses are payable confirmed certain bonuses are payable in respect of player transfers. in respect of player transfers.
NEWELL is convinced this will become ever more common practice as clubs ever more common practice as clubs fight financial fires. fight financial fires.
He said: "It was in a contract offered to me by Luton so I had no problem to me by Luton so I had no problem with it. It was a percentage of profit with it. It was a percentage of profit made on players rather than the sale made on players rather than the sale value. I don't think there was anything value. I don't think there was anything wrong with it. wrong with it.
"I'm sure it is becoming more common in England and perhaps common in England and perhaps scotland too as clubs up there need to Scotland too as clubs up there need to sell players to survive. sell players to survive.
to his of Steven.
from page 87 "When you are at a selling club you are not going to be able to keep your are not going to be able to keep your best players. You lose them and have to best players. You lose them and have to find replacements. That's not easy and find replacements. That's not easy and this is a bonus at the end of the day."
NEWELL reckons the clauses in the managers' contracts are a way to attrac ta better calibre of boss when money is tight.
He said: "There are clubs who constantly move players on and if they can't afford the same salaries for managers this is a way of enticing a better standard of boss.
"If you are doing a proper job, going out and watching players every night, bringing youth players through and showing faith in them and then making a profit on them, there's nothing wrong with it."
There maybe nothing wrong with it " but Newell understands why it doesn't sit easy with all fans. Some see the manager gaining from sales as a conflict of interest. Punters assume incentives should come from achievements on the park rather than on the balance sheet.
NEWELL sympathises with them but warns that there are far more murky goings-on in football than fans could ever imagine.
He said: "I can understand why they are upset but there are a lot of things going on in the game the fans don't know about. That's something I have a problem with because they pay for the game at the end of the day."
NEWELL's crusade rocked the English " game to its foundations as the FA brought more than 55 charges of corruption. His claims - along with then QPR boss Ian Holloway led to the infamous BBC Panorama documentary which dragged managers Sam Allardyce and Harry Redknapp into the mire.
NEWELL - now Accrington Stanley coach - believes his managerial career suffered following the expose but has never regretted shining a light on football's dark corners. And he insists managers having player sell-on clauses is completely above board.
He said: "If it's in the contract that's fine as far as I am concerned. The problem I have is when managers are making money out of player sales when it's not in the contract.
"That was the issue I had a few years ago. It was rife back then and it still goes on now. It's money that goes out of the game. But there's no problem if it's a clause in a contract."