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McCarthy: Right Time For Cresswell to Step Up
Thursday, 3rd Jul 2014 23:07

Town boss Mick McCarthy believes now is the right time for left-back Aaron Cresswell to test himself in the Premier League. The 24-year-old completed a £4 million switch to West Ham this evening, signing a five-year deal.

“He’s been fantastic for us and we wish him well,” McCarthy told the club website. “It is the right time for Cressy to move on though and test himself in the Premier League.

“There comes a time when a deal has to be done. That has to be fair for everyone though. It needs to be the right deal for the club and the player and if it is the right deal for Cressy then he was always going to want to move on.

“He served his apprenticeship at Tranmere and then extended that here and became one of the best players in the Championship.”

We understand that the fee includes some top-ups, likely to be the usual milestone appearance clauses.

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 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.

Coincidentally, West Ham are at Portman Road for their first friendly of pre-season on Wednesday 16th July (KO 7.45pm).


Photo: Action Images



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Mark added 23:16 - Jul 3
This answers the question I asked in the last story: the £4M does include top-ups which may or may not be met. It won't all be up-front money into Mick's transfer budget then, especially with 20% going to Tranmere. Oh well, McCarthy has worked magic spending nothing so with a few hundred thousand to spend he could bring in some really good players.

My thanks to Cresswell for his work at Ipswich. It's lovely to actually make a transfer fee profit on a player, not often that happens!
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Mark added 23:21 - Jul 3
West Ham fans on Twitter are saying the fee is £2M plus top ups. If true, about £1.7M then for now after we pay Tranmere.
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Marshalls_Mullet added 23:33 - Jul 3
Mark - if Mick does spend some of the Cressie money, do you not think those transfers may be structured in a similar way?! Swings and roundabouts. Good luck Cressie.
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footyblue added 23:58 - Jul 3
far too cheap if it is £4 million including top ups
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alexsmith111 added 23:58 - Jul 3
There is no way he could be replaced adequately for 3.2mil, which is what we get in the bank. So how did he go for as little as that! Bit gutted
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SohoBlue added 00:02 - Jul 4
Such a shame to see him go, but inevitable. £4m including top-ups? Just about ok I guess. I imagine Mick has a couple of deals lined up, though. Unearth us a couple of gems, Big Mick. COYB onwards and upwards!
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HARRY10 added 02:11 - Jul 4
"There is no way he could be replaced adequately for 3.2mil, which is what we get in the bank."

eh ?


No one has any idea how much we have received so far. All we know is that it is suggested that we could receive £4m if certain events happen, which often they don't, as with our non payment of £100,000 to Tranmere as we didn't get promoted.

I cannot think for the life of me where you got this £3.2m figure from, or that you are not aware that transfer fees are paid in stages.
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