Championship: Charlton to receive financial boost from Shelvey's Liverpool exit

Jonjo Shelvey: Began his career at Charlton

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Charlton will receive a six-figure cash windfall following Jonjo Shelvey's £5million move to Swansea from Liverpool.

England Under-21 international Shelvey, who signed a four-year contract with the Swans on Wednesday, progressed through Charlton's Academy and the London club are set to benefit from a sell-on clause inserted into the £1.7m deal that took him to Liverpool in May 2010.

Charlton's chief operating officer Steve Bradshaw told the club's official website: "We've made significant investment in our Academy over the years and continue to do so, and it continues to pay dividends for the club in a variety of ways, with Jonjo one of many graduates regularly playing at the highest level.

"We're delighted to see Jonjo forging a career in the Premier League and on the international stage with England Under-21s and the senior set-up, and wish him all the best at his new club."

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