In an landmark decision, a PFCC tribunal has ruled that Liverpool will have to pay Championship side Burnley up to 8mil after the two sides failed to reach a compromise over the transfer of striker Danny Ings. Although the youngster was out of contract when he left Turf Moor last summer, since he’s under 24 years old, the Reds owed compensation to the Championship club for his time spent there.
“This is an unprecedented record payment for training compensation and not a transfer fee,” said Burnley chief executive David Baldwin. “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 played in Danny’s development.”
Liverpool, who had initially offered 6mil for his services, will not have to pay 6.5mil initially and an additional 1.5mil based on certain factors. Ings, who has spent the vast majority of the season on the treatment table with a knee injury suffered back in October, was also the subject of a formal bid from Tottenham Hotspur before moving to Anfield — one of the major arguments used by Burnely to brush off the supposedly unacceptable sum that the Reds initially offered for his services.
“Liverpool Football Club would like to thank the PFCC panel for their time and diligence in deciding this matter,” read a statement from the club on their official website. “We believe the process was conducted fairly and we respect the outcome. “We are pleased for Danny Ings, in particular, that this chapter is now complete and he can look forward to a long and successful career at Liverpool.”
