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Liverpool to pay Fulham record compensation for Elliott

last updated Thursday 11th February 2021, 11:13 AM

Fulham Football Club

Midfielder Harvey Elliott
Harvey Elliott
Harvey Elliott
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Liverpool and Fulham's ongoing compensation battle over Harvey Elliott has finally been resolved with the former having no complaints at being forced to pay a record compensation fee for the then-16-year-old.

Liverpool signed the teenager from the west London outfit in the summer of 2019 but could not agree a compensation fee so it had to be settled by a tribunal.

And the outcome has resulted in Fulham potentially receiving £4.3million if Elliott, who turns 18 on April 4, reaches several targets at Anfield - something Liverpool deem as 'fair' following a 'thorough process'.

Of the breakdown of the fee, Liverpool are set to pay an initial £1.5m - including a £300,000 fee after Elliott signed his first professional contract last summer and a further payment of £200,000 will be due when he signs his second professional deal. The rest will then be paid if the 17-year-old - who is currently out on loan at Blackburn Rovers - meets several targets.

'Liverpool Football Club can confirm the decision taken by the Professional Football Compensation Committee regarding the registration of Harvey Elliott,' they said in a short statement on Thursday morning.

'The PFCC tribunal set a guaranteed compensation fee of £1.5million, plus £2.8m in contingent amounts dependent on player performance.

Fulham FC statement
The Professional Football Compensation Committee has today given its decision with regards to the compensation payable following Harvey Elliott’s move to Liverpool in 2019.

Under the Youth Development Rules, the 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 (undisclosed) 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.

Source Luke Augustus for Mailonline
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