The agent of Crystal Palace winger Michael Olise has been handed a six-month ban by the FA for breaching the Reading deal in 2019.
- Glen Tweneboah banned for six months and fined £15,000
- He broke FA rules when Olise signed a three-year contract at Reading in 2019
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The agent of Crystal Palace winger Michael Olise has been handed a six-month ban for breaching rules relating to a contract with the player’s former club Reading.
Glen Tweneboah, who remains a registered intermediary and still acts on Olise’s behalf, was found guilty of breaching Football Association rules after the player signed a three-year professional contract with Reading in the summer of 2019 .
Tweneboah has agreed a deal that would see him receive a 10 percent cut of Olise’s future transfer fee, although no such payment was ever made, as reported by The Athletic.
This is an action prohibited by FA rules, as only clubs and players, not agents, can benefit from such an agreement.
Tweneboah was handed a six-month ban from October 4, 2024, meaning he can negotiate a potential transfer for Olise this summer, and fined £15,000.
The agent of Crystal Palace winger Michael Olise has been suspended for six months.
Glen Tweneboah broke FA rules after the player signed a three-year professional contract with Reading in 2019
Olise graduated from Reading’s academy and signed his first professional contract in 2019.
The £60million-rated 22-year-old has had a forgettable season after scoring 10 goals and providing five assists in 18 Premier League appearances.
As Mail Sport reported earlier this month, Newcastle have reignited interest in the Eagles striker.
Competition is growing for Olise, who has a clause in his contract that could be triggered this summer.
The France Under-21 international was wanted by Chelsea and Paris Saint-Germain last year and is keen to play in the Champions League when he leaves Palace.
Manchester United, City, Arsenal and Liverpool are all evaluating Olise and the key for him in his choice of next club will be regular game time to continue his ascendant career.
Olise is valued at £60m by Crystal Palace and competition for the striker is heating up
The FA’s investigation also resulted in the charging of former Reading chief executive Nigel Howe, academy director Michael Gilkes and club secretary Sue Hewett.
The Royals were fined £200,000 by an independent regulatory commission for their role in the breach.
Howe was suspended for 12 months and fined £5,000.
During this time, Gilkes and Hewett were warned about their future conduct due to their involvement in this matter.
