Liverpool ordered to pay record compensation for Harvey Elliott

FPL360
FPL360
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A tribunal has ruled that Liverpool must pay Fulham up to £4.3m for the signature of Harvey Elliott – a record compensation fee for a player of his age.

The Reds signed Elliott in the summer of 2019 after he turned down the chance to sign a professional contract at Craven Cottage. However, as he was just 16 at the time, Fulham were entitled to compensation.

Harvey Elliott
Elliott is shining on loan with Blackburn | Malcolm Couzens/Getty Images

Fulham had been seeking close to £10m for a player they believe has the potential to become one of England’s finest talents, but as noted by The Athletic, they will instead receive up to £4.3m, while they have also been given a 20% sell-on clause.

Liverpool will pay an initial £1.2m, with the price rising when Elliott signs his first professional contract and if he hits certain milestone appearances for both Liverpool and England. For the whole sum to be paid, Elliott would have to make over 100 appearances for his club as well as feature for his national team.

“After a full hearing, the PFCC has decided that Fulham should be entitled to substantial compensation,” a statement on Fulham’s official website read.

“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.”

The £4.3m is not an outright record compensation fee. That still stands at the £6.5m that Liverpool were ordered to pay Burnley over the transfer of Danny Ings, who was 22 at the time and arrived at Anfield with 35 Premier League appearances and 11 goals to his name.

While £4.3m may not be exactly what Fulham had hoped for, the 20% sell-on clause is what makes this deal so sweet, and it could well see the final figure rise well past that £10m mark if Elliott lives up to expectations.

It is thought that Liverpool are also happy with the fee. They had initially offered just £850,000 – a figure Fulham described as ‘insulting’ – but there was likely always an awareness that the excitement around Elliott would likely lead to a hefty fee.

When he arrived at Liverpool, Elliott was already the youngest player in Premier League history, and he has since gone on to become the youngest ever player to start a game for Liverpool, and that hype has contributed to this record fee.

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