Robins told to fork out money
Last Updated: September 20, 2012 6:02pm
Di Canio: Less money for transfers
Swindon have been ordered to pay an initial fee of £340,000 in compensation to Shrewsbury and Exeter for two players.
The Shrews will pocket £140,000 for James Collins and the Grecians will collect £200,000 for Troy Archibald-Henville.
The Professional Football Compensation Committee (PFCC) is responsible for setting the compensation fee for players under the age of 24 where the club formerly holding his registration and the club next holding his registration fail to reach an agreement regarding compensation for training and development.
The PFCC decided yesterday that Swindon must also pay both clubs a further £20,000 after the players have made 15, 30, 45 and 60 appearances i.e. a total further payment of £80,000 to each club.
The Robins must also give both sides 20% of any profit made by selling the players to another club at any point in the future
The Committee ruled that Swindon must give Exeter a sum of £40,000 if they are promoted to the Championship whilst Archibald-Henville is employed by the club and a further £100,000 if they are promoted to the Premier League whilst the player is employed by the club.