According to Wiki:
On 2 April 2013, James signed a deal with Icelandic club ÍBV until the end of the 2013 season.[45] ÍBV is coached by James' former teammate Hermann Hreiðarsson. The chairman of the ÍBV board stated that James was not on high wages while also stating that he wished some Icelandic players would accept the wages James was on and that James was mainly playing for ÍBV out of kindness and gaining experience as assistant manager to his former team-mate, Hermann Hreidarsson.[46]