Liverpool Football Club will finally discover the fee they must pay Burnley for last summer’s signing of Danny Ings.
The tribunal to determine the fee of the England striker will be held by the Premier League and Professional Football Compensation Committee on Tuesday (26.04.2016) at a Manchester location.
Liverpool chief executive Ian Ayre will make the submissions on behalf of the Merseyside club.
(Burnley are however still, "Flying Without Ings!)
The Premier League hoped Liverpool and Burnley would reach a mutual agreement to avoid adjudication. However, the vast difference in the value placed on Ings by the two clubs has made a hearing seemingly inevitable since the move was finalised.
Ings chose to move to Anfield under the terms of a Bosman ruling last summer. Ings had allowed his contract to run out at Turf Moor.
Because Ings was aged under 23 player at the time of the transfer, Burnley are entitled to compensation to help recoup their initial investment and subsequent development of the England striker.
The Clarets who at the time were managed by current Bournemouth boss Eddie Howe paid the Cherries a fee of £1 million pounds in 2011 for the young striker.
Liverpool initially bid a fee believed to be in the region of £4 million for Ings following the transfer's conclusion.
It is understood that prior to the Ings' move, Burnley had rejected an offer of around £12 million from Tottenham Hotspur for the Clarets starlet.
Speaking recently at a Burnley fans' forum, Clarets' chief executive Dave Baldwin suggested he expected the fee to break records for such an adjudication.
"This tribunal claim will be the biggest in history," Baldwin commented.
Baldwin went on to add, "The key to this was that we bring the claim against Liverpool, therefore we had to prepare an extremely robust case".
"You're talking a documentation bundle of probably in excess of 400 or 500 pages with witness statements, evidence, analytics about player performance, the statement as to why we make a judgement as to what we believe the player is worth, compared to what Liverpool want to offer.”
The valuation of Ings will be based on Ings’ perceived value in the summer of 2015, not his progress since. Hence the award of an England cap to Ings since his move to Liverpool will not affect the tribunal's valuation of the player.
Here's hoping for a bumper pay out? (TEC)