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Town Set for Mings Windfall
Sunday, 7th Jul 2019 20:19

Town look set to receive their second sell-on windfall of the summer with Aston Villa reported to have agreed a fee of £20 million - or perhaps even more - with AFC Bournemouth for one-time Blues defender Tyrone Mings.

Town, who made almost £800,000 from Matt Clarke’s move from Portsmouth to Brighton earlier this summer, are understood to have included a 10-per-cent-of-profit sell-on clause in the deal which saw Mings join the Cherries for £8 million in the summer of 2015.

According to some reports Villa have agreed to pay Bournemouth £20 million while other sources claim the fee to be as much as £26.5 million. Mings spent a successful spell on loan at Villa Park towards the end of last season.

If the figure is at the lower level - and no top-ups have been received in addition to the initial £8 million - Town would receive £1.2 million, while £1.85 million would be due if the fee is the higher sum.

The additional cash for Mings will almost certainly make him Town's record sale eclipsing the £8.1 million - probably plus a few hundred thousand more in top-ups - Sunderland paid for Connor Wickham in 2011.

Town could also receive further financial boosts via sell-ons this summer with Adam Webster, currently with Bristol City, understood to be interesting Aston Villa, Leicester, Southampton and a number of others.

The Robins are reported to have set his value at £30 million, however, it seems likely they would have to settle for a fee somewhat lower than that with it having been reported that Villa had a bid of £12 million rebuffed.

Webster, 24, joined the Robins from Town for an initial £3.5 million last summer with the fee potentially rising to £8 million.

The Blues are likely to have a sell-on of 10 per cent included in that deal which, depending on how many top-ups have been paid already, could bring in up to £850,000, although Portsmouth would be due 20 per cent of anything the Blues receive as a result of their sell-on from Webster's 2016 move from Pompey to Town.

Ex-striker Kieffer Moore, now with Barnsley, is also believed to be interesting Bristol City with a 10-per-cent-of-profit sell-on also understood to have been part of the deal which saw the 26-year-old move to Oakwell for £750,000 in January 2018.

However, with the club, which already made significant annual losses in the Championship, facing a £9 million loss of revenue due to relegation to League One, the additional income from the sell-ons is unlikely to give manager Paul Lambert a transfer kitty to work with this summer.


Photo: Action Images



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rabbit added 07:24 - Jul 8
bluearmy_81 again you suggest that ME is not losing money because of his tax offsets, if you know this, as you suggest, please for once explain precisely how this works so that we can all agree with you.
I don't really expect you to reply because you have never been able to explain it before, but just in case you do attempt to, and to avoid you looking foolish, most of the ME group is based in Southern Ireland so take that into consideration when you are working it out.
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ITFCsince73 added 07:41 - Jul 8
Yes skip73. Makes up for the 15 poor ones.
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ITFCsince73 added 07:55 - Jul 8
Yes NSV great minds think alike. Derby had a great season last year. With a squad full of exciting players. Same with Leeds. Expect Derby to go up this year, with there Dutch/Barcelona coaching set up. From this coming season ( I should have stated) The teams from L2 L1 and the Championship with the biggest financial budget will be the most successful. That will continue year on year. It's been that case in the premier league for many seasons already. The richest 6 finish top 6. Its taken time to filter down to lower 3 leagues.
This coming season the 6 richest clubs in the Championship will finish top 6.
In modern day football of today. Money does the talking.
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raycrawfordswig added 08:02 - Jul 8
Is this still part of the Clowns 5 year plan or is this phase 2 the next 5.
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Gilesy added 08:03 - Jul 8
Bluearmy? I know we've been here before, but do you get the tax system? I don't see why Evans would want to lose £1m to save £200000 in tax (to keep things simple).

How's your facebook group going btw?
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ThaiBlue added 09:07 - Jul 8
I would rather have a team to support than no team to support through being spending loads of money we haven't got.look at the mess other clubs are in by overspending.i also believe a couple of free signings should get us back to the championship,have a bit of faith in Lambert if not in Evans.
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runningout added 09:18 - Jul 8
it'll be a couple of iffy loans for us. I for one just want to get last seasons weak and pathetic show out of my head. But I still see some responsible showing up in training gear! PL needs to show his true calibre as a coach as I think some of our squad (and fans) think league 1 is a gimme. Which it definitely isn't.
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BeattiesBackPocket added 09:25 - Jul 8
As an extremely successful businessman are you saying Evans has never had to speculate to accumulate to make his money because there's literally no way he would've made it without taking ongoing risks? He is bemoaning the loss of 9 million this season and with nothing to spend this he will probably bemoan the fact he will loose another 9 million next and after that as well maybe just maybe if he'd given managers a bigger wage budget in the first place and let us compete wages wise with a team in the top ten we and he wouldn't now be moaning about these extra losses on top. I have never ever expected us to go out and spend millions but at least give us a wage budget comparable to a top ten side to give us some chance of competing NOT a budget comparable to burton Albion hence why we're in league one now. His failure is his not ours not the managers and when I'm told in my season ticket packs about competing for promotion then a previous manager comes out and says his remit was to keep us up WHY are town fans ok with just trying to stay up!? Please someone tell me how Rotherham are going to spend with their small gates every home game but we can't? How a team like Bristol city or Brentford last season can go spend but we can't when our gates are comparable or even more than theirs!? And also answer me WHY IS HE HERE? Everyone wants to have a go when someone says tax offsetting and wants someone to explain we'll explain why is he here and why lesser supported teams can compete but we don't?
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Blue041273 added 10:14 - Jul 8
When will the penny drop? THERE IS NO MONEY. ITFC like every other club in the lower leagues is caught in a vicious circle. The cash from external sources such as TV money is negligible. The revenue from staging matches hardly covers costs. Merchandising is hardly national yet alone global. Yet the club is caught in a pincer movement as being a limited company it must conform to corporate law and have the resources to cover operating losses. In addition it is bound by FA rules to abide by FFP directives which bite more in the lower leagues.
As owner ME has an obligation to ensure that the club acts within corporate law and he has done during the tenure of his ownership ploughing in millions. He has also tried to follow the FFP guidelines even though other owners have snatched a huge advantage by flouting them.
But the reality lies not in when we might rejoin the elite but whether we will survive at all! We are now in the EFL graveyard. We will not get out of it by simply ‘flashing the cash'. We will need to get a group of footballers to gel and foster a spirit that tells the fans that they will not be beaten! That is PL's job. Even if he gets it half right there is cause for optimism. Apart from Sunderland no club in L1 is financially able to make a grand marquee signing. So for the first time for a long time we will be operating on a level playing field!
In the meantime more than ever in most of our lifetimes the club truly needs our support. COYB!
4

Fatboy added 10:30 - Jul 8
Did Chippenham have a sell-on clause when they sold Mings to us for £10,000? Even at 10% that would have been worth close to £1m for them.
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JewellintheTown added 10:58 - Jul 8
What a decent team we'd have if all these players we're getting a sell on clause fee for, actually still played for us.

We can but only dream.
1

TimmyH added 17:37 - Jul 8
Again what's that sound I hear?...ah again it's Evans palms rubbing together. One thing I have noted is that before this season when we had the SKY TV revenue of near on £9M it wasn't at all mentioned until now, surely a bit deficit on the £5-6M a season that Marcus puts in each season?. Only my opinion and I don't know the real in's and outs at PR but with the sales of players out weighing what we get in (largely the case over the last 5/6 seasons) and that TV revenue surely it doesn't add up to Evans putting that much in a season?...certainly not that much more than a number of owners which were in the Championship anyway.
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Skip73 added 20:08 - Jul 8
ITFC, who are the 15 poor ones?
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