Liverpool insist they ‘respect’ the ‘fair and thorough’ tribunal which ordered them to pay Fulham a record fee of up to £4.3million for Harvey Elliott… despite only offering £750,000 for the then 16-year-old in 2019
- Liverpool signed Harvey Elliott from Fulham in 2019 but couldn’t agree a fee
- The Reds will pay an initial £1.5m to Fulham with the rest dependant on clauses
- Initially they wanted to pay £750,000 in compensation and Fulham wanted £8m
Liverpool and Fulham’s ongoing compensation battle over Harvey Elliott has finally been resolved with the former having no complaints at being forced to pay a record compensation fee for the then-16-year-old.
Liverpool signed the teenager from the west London outfit in the summer of 2019 but could not agree a compensation fee so it had to be settled by a tribunal.
And the outcome has resulted in Fulham potentially receiving £4.3million if Elliott, who turns 18 on April 4, reaches several targets at Anfield – something Liverpool deem as ‘fair’ following a ‘thorough process’.
Liverpool have been told to pay £4.3m in compensation to Fulham for signing Harvey Elliott
Liverpool have accepted the decision as ‘fair’ following a ‘thorough process’ by the tribunal
Of the breakdown of the fee, Liverpool are set to pay an initial £1.5m – including a £300,000 fee after Elliott signed his first professional contract last summer and a further payment of £200,000 will be due when he signs his second professional deal. The rest will then be paid if the 17-year-old – who is currently out on loan at Blackburn Rovers – meets several targets.
‘Liverpool Football Club can confirm the decision taken by the Professional Football Compensation Committee regarding the registration of Harvey Elliott,’ they said in a short statement on Thursday morning.
‘The PFCC tribunal set a guaranteed compensation fee of £1.5million, plus £2.8m in contingent amounts dependent on player performance.
‘The club has given the following response: ‘Liverpool Football Club respects the outcome of the PFCC’s fair and thorough process in this matter.
‘We would like to thank the panel for their time and diligence in reaching a decision.
‘We now look forward to welcoming Harvey back from his loan spell with Blackburn Rovers in the summer and helping him continue to build towards a long and successful career at Anfield.’
Liverpool will pay an initial £1.5m with the rest dependent on the player’s performances
For Fulham to receive the full compensation fee, it is believed Elliott would have to make over 100 appearances for Liverpool and be capped at senior level by England.
The Premier League strugglers have also been granted a 20 per cent sell-on clause should he leave the reigning champions at any point in the future.
In a short statement on their website, the Cottagers expressed their satisfaction at the outcome. Before the tribunal the Reds reportedly offered £750,000 for the winger, while Fulham wanted £8m for their former academy star.
‘The Professional Football Compensation Committee has today given its decision with regards to the compensation payable following Harvey Elliott’s move to Liverpool in 2019.
‘Under the Youth Development Rules, the PFCC is tasked with assessing the compensation due for a player who leaves an Academy at the end of his registration, if the parties cannot agree the figure between themselves.
In a statement on Wednesday night, Fulham expressed their happiness with the verdict
‘After a full hearing, the PFCC has decided that Fulham should be entitled to substantial compensation.
‘The award (undisclosed) is a record amount for a 16-year-old player and, in the circumstances, Fulham is very pleased and thanks the PFCC for its careful consideration of the arguments we put forward.’
Since joining the Merseyside outfit Harvey has made nine appearances for the club. He is currently on a season-long loan at Blackburn Rovers where he has scored four goals and assisted eight times in 22 matches.
Harvey holds the record for being the youngest-ever Premier League player, having made his debut for Fulham in 2019 at just 16 years and 30 days old.
Elliott is currently on loan at Blackburn Rovers and has scored four times in 22 appearances
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