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Mings Completes Villa Move
Monday, 8th Jul 2019 20:16

Former Town defender Tyrone Mings has completed his move from AFC Bournemouth to Aston Villa, netting the Blues an immediate windfall in excess of £1 million with perhaps more to come.

Mings is understood to have moved for an initial £20 million with the fee potentially rising to £26.5 million after top-ups

Town, who made almost £800,000 from Matt Clarke’s move from Portsmouth to Brighton earlier this summer, are 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.

That will see the Blues receive £1.2 million now with their share of the fee perhaps eventually reaching £1.85 million.

The additional cash for Mings, who the Blues signed from Chippenham Town for £10,000 in 2012, makes 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.

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rabbit added 13:13 - Jul 9
Not bothered to read the accounts yet then bluearmy_81, amazing that a man with the
career you claim to have can only deal with rumour and your own pontification!!
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Blue041273 added 15:01 - Jul 9
Unfortunately, as in domestic life, you can’t spend beyond your means. IE you can’t ringfence windfall payments or for that matter any other transfer receipts and freely spend the proceeds while still racking up debts elsewhere. Thus the transfer windfalls we are receiving have to be used to keep us operational. Of course ME could make funds available for getting players if so inclined but this would merely increase the debt to the ME Group. Recent history suggests that this is not likely! So please don’t expect any transfer receipts to automatically be made available for reinvestment. It just doesn’t work like that. Ask PL.
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Whymarkmariner added 16:57 - Jul 9
Firstly, Good luck Tyrone. Secondly, regarding these sell on clause payments it would have been wise of all at PR to have played down any intent of purchases regardless of where it was coming from. Instead we had intent coming out of PR about the need to balance the team and targets that had been made. I don't know about you, but I only see Norwood as a target. I don't see Holy or the other goalie as targets. But one as a replacement for Gerken and the other as a maybe later. There was the big ballyho about if so many season tickets were sold and discount should that happen. As it turned out the target was missed by a few hundred and now exceeds that target by 500. I understand that the Bart situation has probably not helped but the old saying " Don't count your chickens" really does apply. If they knew that these targets were dependent on the sale of Bart then they should have kept quiet and done any business once the transfer had gone through. Obviously with the exception of Norwood who was on a free anyway. Expectations were aroused and then they get the kickback when it doesn't happen. No one ever expects M.E. to spend millions on players, but the last few years he's hardly spent anything. He's relied on his managers wheeling and dealing. Selling and buying cheap. It hasn't worked and it didn't work when he did splash out. But that was probably due to the Managers he showed faith in. Time to show a little faith in PL me thinks.
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ITFCsince73 added 20:15 - Jul 9
Kingfisher I think your right. And hope your right.
But.....I think the days of bringing in any experienced quality, be it loan or free are over.
2 or 3 of this type player would be the difference I think, add Judge and an experienced Bart as our no1. With a crop of potentially great younger players. And a real push this season would be on.
Unfortunately I don’t think anything like this will happen.
And the clubs more or less confirmed it.
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