Saints hoping to sign Ryan Bertrand on permanent deal tonight

[Big_Al]

Will this bring an unexpected sell on clause windfall for Gills?

[1959gills]

I thought you would know the details Big Al

[gillsjan]

Can't believe how well Southampton are doing this season. Couple of years ago it was a very different story. A windfall would be very welcome.

[Big_Al]

Feb 2, 2015 22:42:41 GMT 1 1959gills said:

I thought you would know the details Big Al

I picked this up from the Net in 2005 although I think Chairman Paul Scally might have cashed in the future payments in advance (see below)

A Football League Appeals Committee hearing have awarded Gills the following compensation package in respect of their former 16 year-old trainee Ryan Bertrand who has since signed for Premiership champions Chelsea FC.

1/ Initial payment of £125,000

2/ £50,000 on first team debut

3/ £100,000 after 10, 20, 30 and 40 appearances

4/ £200,000 in the event of an international appearance

5/ 15% of any future sell-on profit

[1959gills]

We'll probably never know
Perhaps it paid for the Dubai pad

[swanleygill]

he can't have cashed in on number 5 surly because the value would have been unknown, 15% of what 500k, 10 million ect......
Anyhow windfall or not, i doubt the squad will see much of it

[hullgills]

Move confirmed. Fee undisclosed.

[Big_Al]

Four and a half year deal

[Deleted]

Undisclosed fees should be banned. Such a rip off for fans not knowing what their club has spent.

Hopefully some good news for the club

[swingfieldgill]

The Times newspaper estimates that the fee would have been in the region of 10 million pounds. Sounds a lot but 15% of that would do very nicely.

[swingfieldgill]

I should have said 15% of 10m less any payments we have already received.

[muppet]

If the above is right then 15% of 10m, the other payments being also part of the deal so I guess not deductible. If PS has cashed in already, he will be kicking himself now!!