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Tony Blair’s son Nicky is on course to rake in a fortune from the World Cup – after setting up as a football agent in the host country Brazil.

Working from an office in soccer crazy Rio de Janeiro, the 28-year-old has ­signed up a string of rising Brazilian and Mexican stars, the Sunday People reports.

One of them is gifted Mexican midfielder Marco Fabian, who could make Nicky a millionaire if he shines in the World Cup.

Fabian, 24, is valued at around £10million – and handling his move to a top European club would give his agent a £1million profit.

Nicky has already handled the ­£6.7million ­transfer of Hector Herrera from Pachuca in Mexico’s first division to Portuguese giants FC Porto.

The former Prime Minister’s second son, is likely to have earned at least 10% of the fee and could profit from the player’s future earnings.

(Image: Getty)

A fellow soccer agent said: “The World Cup is obviously going to shine a light on South American football and Nicky looks to be in a great place to benefit from that.

“We know he’s got loads of South American kids.

“Finding the next wonderkid is one thing, finding the next Brazilian wonderkid is quite ­another. The aura surrounding players from that country is as strong as ever, thanks to mega stars like Neymar and Marcelo.”

Nicky is a Fifa-licensed agent and co-founder of Magnitude Brazil Sports Ltd launched in 2011.

Four years earlier the Magnitude partnership had its origins in the office of his lawyer mother Cherie Blair, who is believed to have ­bankrolled the start-up and ­brokered many early deals.

Cherie is said to have used her public profile from the Blairs’ time at No10 to open doors for the firm. And her legal expertise as a top London barrister would help them in drawing up contracts.

Nicky and his business partner and former Oxford University pal Gabriel Moraes moved the ­operation to Rio three years ago.

Now they are perfectly ­positioned to take advantage of the tournament to build contacts and make deals.

Magnitude made a name for themselves by brokering Herrera’s ­transfer, the most ­expensive deal ever involving a Mexican player. Fabian, who the firm hope will be the next big Mexican deal, has interest from Premier League clubs.

Nicky’s entry into the football industry was a surprise to many.

His elder brother Euan, 30, worked in finance and is ­expected to follow his ­father into politics by standing as a Labour MP. Nicky taught at a West Midlands ­comprehensive school after reading history at Oxford.

But he does have the same knack for making ­money as his dad, who has a ­property and consultancy empire said to be worth at least £75million.

(Image: Getty)

Nicky’s first business venture was computer games firm Magnitude Gaming, set up with Moraes. It quickly went bust but they used the Magnitude name when launching their sports management company.

Mum Cherie was registered as a 20% stakeholder and is said to have been key to the firm’s early success.

A British football source said: “Cherie was ­instrumental in setting up the ­business, financially and ­operationally. She was very ­active, meeting other agents and picking their brains on how to grow the company and gather clients.

“With her legal background she was sure to know her way around a contract. It wouldn’t surprise me if she was ­involved in the early negotiations.”

Magnitude Brazil Sports Ltd opened its office in a glass and marble-fronted ­skyscraper in Rio in 2011.

Tony already had an office in Sao Paulo for his Government Advisory Practice division of Tony Blair Associates.

Cherie left shortly before the Herrera deal in June last year, when Nicky ­dissolved the UK arm of the business. It now exists solely in South America.

Over the past two years Blair and Moraes, with their South American ­business partners Rafael Fraga and Vinicius Marques, have been signing up talent from Brazil’s biggest clubs.

Highly rated players with Magnitude include defender Marlon Santos da Silva Barbosa, 18, who plays for Fluminense, and midfielder Leandro Alves de Carvalho, 17, of Botafogo.

Magnitude Brazil are also said to have an arrangement with Desportivo Brasil, a Sao Paulo club which ­develops players for top sides.

Desportivo’s Bruno Gomes had talks at Manchester United last year.

A football insider said of the agency: “If they tap the resource that is Brazilian talent and broker deals in Europe, there’s no limit to what they can earn.”

Magnitude Brazil Sports declined to comment.