Former Blues striker Adam Webster completed his move from Bristol City to Brighton earlier today with the Blues set to receive a windfall expected to be around the £1 million mark from the move.
Webster, 24, joins the Seagulls for a fee now reported to be £20 million - £2 million less than the figure widely claimed yesterday - and has signed a four-year deal.
"He is a quality defender, comfortable on the ball and fits the profile of the player we want to bring to the club," said Brighton boss Graham Potter. "He was very keen to join us.
"Predominately a centre-half, he can also play at right-back, and he will bring additional competition alongside our existing defensive options.”
Webster joined Bristol City from Town for an initial £3.5 million last summer with the fee potentially rising to £8 million and some of those top-ups are almost certain to have been paid over the course of last season.
TWTD understands the sell-on clause in that deal is just below 10 per cent, while Portsmouth are due 20 per cent of the cash the Blues receive as a result of their sell-on from the 2016 move which saw Webster join Town and Matt Clarke move to Fratton Park.
Therefore, Town appear likely to receive an initial sum of around £1 million after Pompey's percentage has been accounted for with further cash after any top-ups there may be in the Bristol City-Brighton deal.
Town have already received one sell-on windfall from a move to Brighton this summer via Clarke's switch from Portsmouth with the Blues believed to have yielded £770,000 from that deal.
Tyrone Mings’s move from AFC Bournemouth to Aston Villa for an initial £20 million plus potentially another £6.5 million saw the Blues receive £1.2 million now with that windfall potentially reaching £1.85 million.
However, with the Blues' income having been reduced by £9 million due to relegation to League One - having made an operating loss of £8.39 million in the financial year to June 2018 in line with most recent Championship seasons - manager Paul Lambert says he's not seen any of it.
"Mings, Clarke, maybe Webster, we haven’t bought one player,” the Blues boss said at Friday's press conference. I don’t know if the money has come in, nobody has told me it has come in. I don’t know.”
He added: "Whatever way those deals were structured before I came in, whenever the money comes in, it could be three years' time down the line, four years down the line, it could be now, I don’t know. But you haven’t seen one player I’ve bought, I’ve not bought a player.”