Clarets receive record compensation fee for Danny Ings

Burnley Football Club will receive a record £6.5m guaranteed compensation fee from Liverpool Football Club for striker Danny Ings.
Danny IngsDanny Ings
Danny Ings

The Professional Football Compensation Committee have also ruled that Liverpool must pay Burnley up to a further £1.5m, based on appearances.

Burnley will also receive £20% of any future profit from the sale of the player.

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The initial payment is almost double the previous record fee for a tribunal, when Chelsea were ordered to pay Manchester City a £3.5m guaranteed compensation fee following Daniel Sturridge’s move to Stamford Bridge in 2009.

Burnley Football Club Chief Executive, Mr David Baldwin, said: “We acknowledge and accept the tribunal’s decision.

“We feel we must reiterate this is an unprecedented record payment for training compensation and not a transfer fee.

“As the initial fee decided by the committee represents almost double the previous record for a tribunal, this fully justifies our decision to press ahead with what we felt was a fair reflection of the part Burnley Football Club played in Danny’s development.”