Liverpool have been ordered to pay Fulham a record compensation fee for a 16-year-old following Harvey Elliott’s transfer to the club in 2019.
Once add-on clauses are met, Fulham could receive a fee in the region of £4m and have also inserted a substantial sell on clause, understood to be 20 per cent.
The west London club said in a statement they were “very pleased” with the outcome made by the Professional Football Compensation Committee.
Liverpool are set to pay an initial fee of £1.2m.
Liverpool signed Elliott as a 16-year-old in the summer of 2019 but the two clubs could not agree on a compensation fee and the transfer had to be referred to a tribunal.
Harvey Elliott is currently on loan at Blackburn from Liverpool and has four goals and eight assists in 22 Championship appearances
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The Premier League champions had reportedly offered around £750,000 for Elliott, while Fulham wanted around £8m for the highly-rated winger.
He has also made nine appearances for Liverpool since joining the club and holds the record for being the youngest ever Premier League player, having made his debut for Fulham in 2019 at just 16 years and 30 days old.