| Done well to get £1 Mill from city rather than risk tribunal 12:20 - Jul 2 with 1868 views | FrimleyBlue |
Under the old system the level of compensation was decided either by mutual agreement or adjudication via the Professional Football Compensation Committee (PFCC). The decision was based on the potential of the player so, for example, when Jermain Defoe moved from Charlton Athletic to West Ham United aged 16 the award was £400,000 upfront with another £1.25m based on future club/international appearances and a 15% sell-on fee.
Under EPPP the Addicks might not have secured such (relatively) favourable terms. If mutual agreement on compensation cannot be reached the PFCC adjudication will run to a set formula based on the cost of training and the level of academy where they have been trained, without taking into account potential. These figures are strikingly low:
For each year in an academy between ages 9-11: £3,000
For each year in a Category 3 academy between ages 12-16: £12,500
For each year in a Category 2 academy between ages 12-16: £25,000
For each year in a Category 1 academy between ages 12-16: £40,000
So the maximum for a 16 year old moving from a Category 2 academy to a Category 1 will be £109,000 (three years at £3,000 and four years at £25,000). There are also cumulative fees based upon the number of appearances (up to a maximum of £1.3m) if the player makes 100 Premier League appearances. Add-ons will also be incurred for a player transferred between the ages of 12-16 (20% of the next fee if the player moves before turning 24 plus 5% of all future domestic fees).
A snippet taking from
http://www.fsf.org.uk/latest-news/view/the-eppp-and-why-youth-development-matter
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| Done well to get £1 Mill from city rather than risk tribunal on 12:22 - Jul 2 with 1842 views | C_HealyIsAPleasure |
That was all going so well until ‘20% of the next fee...’
So City have basically paid us £1m to avoid the risk of a larger sum if they end up selling him further down the line
EDIT: plus what Phil said [Post edited 2 Jul 2018 16:06]
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| Done well to get £1 Mill from city rather than risk tribunal on 15:48 - Jul 2 with 1496 views | GREYBLUE |
Did Ipswich try to keep Knight or are they too busy selling our best players and replacing them with league 1 and 2 targets ???? |  | | |
| Done well to get £1 Mill from city rather than risk tribunal on 15:54 - Jul 2 with 1480 views | PhilTWTD |
That formula only applies to players who haven't agreed a scholarship, which Ben Knight did a couple of years ago. |  | | |
| Done well to get £1 Mill from city rather than risk tribunal on 15:56 - Jul 2 with 1466 views | J2BLUE |
A tribunal should have guaranteed us more money with Spurs making a higher offer. I appreciate it doesn’t work that way in practice. |  |
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| Done well to get £1 Mill from city rather than risk tribunal on 16:05 - Jul 2 with 1448 views | Luk38644 |
| Done well to get £1 Mill from city rather than risk tribunal on 15:54 - Jul 2 by PhilTWTD |
That formula only applies to players who haven't agreed a scholarship, which Ben Knight did a couple of years ago. |
is it safe to assume that the Knight deal won't have any add-ons?
Would have been sensible for us to slip in a sell-on clause if possible! |  | | |
| Done well to get £1 Mill from city rather than risk tribunal on 16:25 - Jul 2 with 1423 views | PhilTWTD |
| Done well to get £1 Mill from city rather than risk tribunal on 16:05 - Jul 2 by Luk38644 |
is it safe to assume that the Knight deal won't have any add-ons?
Would have been sensible for us to slip in a sell-on clause if possible! |
No, think there will be add-ons and and sell-on. Club may well give a bit more detail in Marcus's statement which I assume will be some time this week. | | | |
| Done well to get £1 Mill from city rather than risk tribunal on 17:03 - Jul 2 with 1371 views | Luk38644 |
| Done well to get £1 Mill from city rather than risk tribunal on 16:25 - Jul 2 by PhilTWTD |
No, think there will be add-ons and and sell-on. Club may well give a bit more detail in Marcus's statement which I assume will be some time this week. |
Well that's made it slightly more bearable I suppose! | | | |
| Done well to get £1 Mill from city rather than risk tribunal on 20:00 - Jul 2 with 1196 views | Nthsuffolkblue |
| Done well to get £1 Mill from city rather than risk tribunal on 16:25 - Jul 2 by PhilTWTD |
No, think there will be add-ons and and sell-on. Club may well give a bit more detail in Marcus's statement which I assume will be some time this week. |
The system of setting fees really should take into account the level the player is moving to (as well as from) and future achievements and increases in transfer fees.
It must be good for our academy to get the recognition of producing players like him and Charlie Brown (and hopefully soon for Dozzell, Nydam, etc). Even if some will be syphoned off by the big boys, it should be a source of pride for us that our academy is back up and running. |  |
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