Cresswell Fee Could Rise to £7m - Ipswich Town News
Various sources close to West Ham are reporting that Town could ultimately receive £7 million for full-back Aaron Cresswell if all the top-ups included in the deal are triggered, with the Blues receiving an initial £3.75 million.
The further milestone top-ups are based on Premier League appearances for the Upton Park club, Cresswell having put pen to paper on a five-year deal this evening. The fee is officially undisclosed.
Cresswell's former club Tranmere Rovers are entitled to 20 per cent of the profit the Blues have made on the £420,000 they paid for him following his summer 2011 switch to Portman Road, a figure which could reach £1.32 million if the Blues receive the reported full £7 million from the Hammers.
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Football League tribunal set a compensation figure of an initial £240,000 plus milestone clauses, with only a £100,000 payment on promotion to the Premier League not triggered.
Cresswell, named in the Championship Team of Year for 2013/14, made 138 appearances for Town, all starts, scoring seven goals. He will join up with the West Ham squad for their training camp in France tomorrow.
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