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Tribunal Ruling

Posted on: Tue 16 Sep 2008

Following the long awaited tribunal between Leicester City Football Club and Bury Football Club, a decision has this afternoon been made regarding the compensation for Nicky Adams following his move to the Walkers Stadium over the summer.

Bury FC will receive an initial payment of £100,000 with further payments of £25,000 to be paid to the club should Nicky Adams make 15 appearances, the same again after 30 appearances, another £25,000 after 45 appearances.

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The tribunal board also decreed that the club should receive an additional payment of £50,000 should Leicester City be promoted back to the Championship.

Also, should Leicester sell Nicky in the future, then the club will receive 15% of any profit in the shape of a sell on clause.

Should Nicky make 45 appearances and the Foxes get promoted, then Bury will receive a total payment of £225,000.

Reaction director Ian Harrop will be available later this afternoon

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