Blackpool boss Holloway comfortable with manager’s getting cut off transfer deals

Blackpool boss Ian Holloway is relaxed with the process of manager’s gaining financially from moving players on.

Holloway came under scrutiny this summer when it was revealed he was entitled to a cut of the estimated £7m transfer fee Blackpool received from Liverpool for Charlie Adam, insisting it was only right that he "got something out of it".

Holloway is quoted in the Daily Mail as saying: "There isn’t anything mysterious or shady about the way football managers are paid.

"We are like anyone else in the world - when we take a job we sign a contract and work to those rules.

"I hit the headlines last year when it emerged I would 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 people, you’d have thought I was the bloke at RBS getting nearly a £1m 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. Besides, I deserved a cut. I spotted Charlie’s potential and took the gamble of bringing him to the club.

"If you own a company and you come up with something that earns it a load of money, you expect some financial reward.

"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 is 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 do not see why I shouldn’t be rewarded."

 
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