Liverpool have been told to pay Fulham an initial fee of 1.5 million pounds rising up to 4 million pounds depending on add-ons for talented teenager Harvey Elliot. Elliot joined his boyhood club, Liverpool, in the summer of 2019, rejecting offers from Real Madrid and PSG. A fee could not be agreed between the clubs for the then 16-year-old winger who is widely believed to be the best in his age group, and a tribunal was set to settle the conflict.
Fulham initially wanted a fee in excess of 10 million pounds for the England U-18 international, who became the youngest player to play in the Premier League when he came on as a substitute for Fulham against Wolves at the age of 16 years and 30 days.
Liverpool, however, have been asked to pay a guaranteed fee of only 1.5 million pounds for the player who has been enjoying life at the championship scoring four times and further creating eight goals for Blackburn Rovers this season. The fee is expected to rise up to 4.3 million pounds once the add-ons are met. Fulham will also get a 20% sell-on clause.
While the fee is much lower than what Fulham wanted, the fee is still a record fee for a 16-year-old, and the Cottagers are delighted with the verdict releasing a statement this evening saying:
Under the Youth Development Rules, the Professional Football Compensation Committee (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.”
“After a full hearing, the PFCC has decided that Fulham should be entitled to substantial compensation.
”The award 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.”
Liverpool who wanted to pay only 750k pounds for the player are also said to be satisfied with the verdict, releasing a statement saying:
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.”
If reports are to be believed, Fulham would only get the full compensation of 4.3 million pounds if Elliot completes 100 Liverpool appearances for Liverpool and wins an England cap.
If the talented winger does realize his potential and plays over 100 games for the Merseyside club, it would be fair to say that the tribunal verdict is heavily favored towards the Premier League champions.
Image Credit- Liverpool FC Twitter