Tranmere Rovers
Cresswell Fee Decided at Tribunal Hearing
By Deadly Submarine
September 14 2011
An independent tribunal has this afternoon decided on the fee for compensation that Tranmere will receive from Championship side Ipswich Town for the summer transfer of yound defender Aaron Cresswell.....
An independent panel today adjudicated that Ipswich Town Football Club must pay Tranmere Rovers a transfer fee for Aaron Cresswell of £240,000 rising to £520,000 based on appearances and promotion.
Cresswell joined the Tractor Boys this summer following the end of his contract at Tranmere but as he was under the age of 24 Tranmere were entitled to compensation for the player.
Tranmere Chairman Peter Johnson, Chief Executive Mick Horton, Manager Les Parry and Chief Scout Dave Philpotts attended the Professional Football Compensation Committee tribunal in Manchester which based its compensation fee on the costs of training and development, the player’s age and playing record as well as the length of time he was registered with his former club, the status of the two clubs, the terms offered by both clubs, previous committee decisions and interest shown by other clubs in acquiring the registration of the player.
The tribunal decided the following:
* Ipswich Town should pay Tranmere Rovers an initial compensation fee of £240,000.
* An addition £45,000 in respect of the player making 15, 30, 45 and 60 appearances for Ipswich Town.
* An additional £100,000 should Ipswich Town achieve promotion to the Premier League in this season or the next two seasons.
* Tranmere should receive 20% of any profit made by Ipswich Town in selling the player to another club at any point in the future.
Speaking of the tribunal decison, Chairman Peter Johnson said..
“Although it didn’t meet our expectations I am pleased with the result of the tribunal. Aaron Cresswell is the sort of player who will fulfil their requirements and no doubt appear in the 60 games we need to maximise the additional income.”
Digg
Delicious
Facebook
Reddit
Stumbleupon
14/09/2011 17:40
If you do not already have an account Click here to Register.
Town fan posting in peace!
Just wanted to say that from a personal view point, I think Town have got young Cresswell a tad cheaply, based on how he's performed for us. He appears to have stepped up to the plate and taking the step up in his stride.He looks like a young player with a big future ahead of him if he is willing to learn.
I am glad your club has also got a 20% sell on, as I think its important that smaller clubs get a fair share of the money being paid out in the game. Town have been stitched up in the past when bigger or Premiership clubs have nicked our players on the cheap. So I hope you fans are happy with the result today and I wish you good luck for the season.
Quote:Yeah cheers for that, you have got a great lad, and yeah at a good price nower days, pleased seems we've got a good deal too, all the best for the rest of the seasonTractor-Boy
Evening Lads!
Town fan posting in peace!
Just wanted to say that from a personal view point, I think Town have got young Cresswell a tad cheaply, based on how he's performed for us. He appears to have stepped up to the plate and taking the step up in his stride.He looks like a young player with a big future ahead of him if he is willing to learn.
I am glad your club has also got a 20% sell on, as I think its important that smaller clubs get a fair share of the money being paid out in the game. Town have been stitched up in the past when bigger or Premiership clubs have nicked our players on the cheap. So I hope you fans are happy with the result today and I wish you good luck for the season.
Raven is alledgedly supposed to be adaptable to any defensive position, so why not use him and Kay and pitch Ash for the Wycombe game. Then you've got Ash on the bench.
Considering Ash has some midfield credentials, he would be a reasonably flexible sub.
Then I ate his Liver.......... with some baked beans and a can of coke.
