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An independent tribunal has finally determined how much Liverpool must pay Fulham for winger Harvey Elliott.
He was signed by the Merseyside club from Fulham in July 2019 when he was still only 16 years old, but, at the time, the two clubs were unable to agree on the appropriate compensation.
Fulham were hoping to receive £10 million, but now the Professional Football Compensation Committee have ruled that the Premier League champions must pay an initial £1.2 million and a further £300,000 in view of the fact that he signed his first professional contract last year.
If, and when, Elliott signs his second professional contract, the West Londoners will be entitled to a further £200,000. They could also be in line for more payments based on the number of appearances he goes on to make for Liverpool and England, meaning that his final cost could be in the range of £4.3 million.
Elliott, now 17, is currently on lain for Blackburn Rovers in the Championship, for whom he has scored 4 times in 23 appearances since the start of the season.
Andy is an exiled English football fan living in Cyprus. He loves all sports but football is his abiding passion, and he still has dreams every now and then about scoring the winning goal in a Wembley Cup Final, even though his playing days are long gone. He follows most major leagues, across Europe at least, and has a favoured team in each. When he’s not watching, listening, reading or downloading podcasts about football, he spend his time worrying about his beloved Arsenal.