Post by Finnish Gas on Jun 2, 2014 9:51:31 GMT
Bristol Rovers set to land £500,000 thanks to Lambert transfer
By The Bristol Post | Posted: June 02, 2014
BRISTOL Rovers will secure a surprise financial windfall when Rickie Lambert's move from Southampton to Liverpool is confirmed later today.
The striker completed a medical on Saturday and is expected to be unveiled as Liverpool manager Brendan Rodgers' first signing of the summer after a deal reported to be worth £4 million, plus add-ons was agreed with Southampton last week.
Lambert, 32, left Rovers to join Southampton in a £1 million transfer five years ago, but a sell-on clause that guaranteed Rovers a 20 per cent cut of any future moves was inserted in that deal.
That means Rovers are likely to receive somewhere in the region of just over £500,000 after taking into account the amount Rochdale will receive as part of a 25 per cent sell-on clause inserted in the initial £200,000 deal that saw Lambert arrive at the Memorial Stadium from Spotland in 2006.
Rovers will also be entitled to 20 per cent of the add-ons – unofficially reported to be worth up to £1 million – if and when they are realised at a future date.
The unexpected windfall could not be more welcome at a time that Rovers are looking at a loss of up to £1 million as a result of their recent relegation to the Conference.
Lambert, meanwhile, will be joining his boyhood club following five successful seasons at Southampton during which he has been part of a side that has risen from League One to become an established Premier League outfit.
The striker became a firm fans favourite during his three years at the Memorial Stadium after being signed for a fee of about £200,000 from Rochdale to replace Nottingham Forest-bound Junior Agogo in 2006.
Read more at www.bristolpost.co.uk/Bristol-Rovers-set-land-pound-500-00-thanks/story-21174890-detail/story.htm
By The Bristol Post | Posted: June 02, 2014
BRISTOL Rovers will secure a surprise financial windfall when Rickie Lambert's move from Southampton to Liverpool is confirmed later today.
The striker completed a medical on Saturday and is expected to be unveiled as Liverpool manager Brendan Rodgers' first signing of the summer after a deal reported to be worth £4 million, plus add-ons was agreed with Southampton last week.
Lambert, 32, left Rovers to join Southampton in a £1 million transfer five years ago, but a sell-on clause that guaranteed Rovers a 20 per cent cut of any future moves was inserted in that deal.
That means Rovers are likely to receive somewhere in the region of just over £500,000 after taking into account the amount Rochdale will receive as part of a 25 per cent sell-on clause inserted in the initial £200,000 deal that saw Lambert arrive at the Memorial Stadium from Spotland in 2006.
Rovers will also be entitled to 20 per cent of the add-ons – unofficially reported to be worth up to £1 million – if and when they are realised at a future date.
The unexpected windfall could not be more welcome at a time that Rovers are looking at a loss of up to £1 million as a result of their recent relegation to the Conference.
Lambert, meanwhile, will be joining his boyhood club following five successful seasons at Southampton during which he has been part of a side that has risen from League One to become an established Premier League outfit.
The striker became a firm fans favourite during his three years at the Memorial Stadium after being signed for a fee of about £200,000 from Rochdale to replace Nottingham Forest-bound Junior Agogo in 2006.
Read more at www.bristolpost.co.uk/Bristol-Rovers-set-land-pound-500-00-thanks/story-21174890-detail/story.htm
Lambert - would you have him back?
