"We think that it's a very fair result and from Bury Football Clubs point of view, they gave us a very fair hearing.  The hearing lasted about two hours, it was quite complex and involved and we are fairly satisfied with the outcome.  We have received a guaranteed down payment of £100,000, then we have three further payments of £25,000 after 15, 30 and 45 appearances.  That's within all competitions and as long as he plays.  We will also receive a further £50,000 if Leicester are promoted to the Championship during the duration of Nicky's contract."

"We are happy with the outcome.  We have invested six years of this football clubs time in Nicky Adams.  Clubs have to realise that if you take a chance on taking our players - you are going to have to pay for them.  I thought we had an excellent case and we managed to negate any of Leicester's arguments and the tribunal came down quite strongly in our favour with the arguments that we put to them."

"It has been a good day, but to be fair, we didn't want to lose Nicky Adams.  Nicky was offered the largest and best deal that we could afford and we wanted him to stay here.  I think even though we have this money for him, we think he could have developed further and we might have even got more money than this, but we can't stop players going and we are satisfied with the outcome."

"Tribunals are quite complex.  The chairman is a QC that comes from London and to be fair, his knowledge was excellent.  There is a member from the football league, a representative from the PFA and a representative from the league managers association.  The panel consisted of Judge Reid the chairman, Frank Clark, the former City and Nott's Forest manager, Richard Jobson from the PFA and Michael Tattersall from the football league.  They listened intently to what we had to say and gave us a fair hearing."

"The Dale Stephens tribunal, if it's not settled, will be on the 29th September.  That will be another interesting one and we will go there with another strong case and see what the outcome is of that, but again, we are quite confident with the case that we are going to put forward."

"There has been a case of big club against little club syndrome in these tribunals and the one thing that I tried to emphasise today at the tribunal.  Leicester City were saying that they were only a first division club with no money, they were paupers.  You have to get through to them that realistically that is not the case.  As a football club, we have to invest a lot of money in our youth development and in the recent past, youth development has been the life blood of Bury Football Club.  Without that, we probably would not exist."

"I had to get that over to the tribunal because they have to make important decisions on behalf of the club and I think I won argument and we came out with a reasonably positive result.  I will never get bullied by anybody, we had a strong case, we did the homework, we did the preparation and in anything like this, the more you put into it, then hopefully the better case you have got to convince the tribunal that what you are saying is fair and just."

"They have football league regulations and guidelines to work to.  It's not about fixing a transfer fee, its nothing to do with transfer fee's and I have to emphasise that.   A tribunal is there to fix a compensation fee for the development of Nicky Adams whilst he was at Bury Football Club.  A lot of people do not realise that this is not a transfer fee.  Its compensation for the time, effort and development of the player whilst he was with us."

"I'd also like to thank Gordon Sorfleet at the club for the help he has given me.  We've done a lot of homework, we did a lot of stats.  I think our presentation was about thirty pages, I think their presentation was about six pages, but we have put a lot into it and that has helped with the result that we have got."

"The £100,000 is a realistic down payment.  One of Leicester's presentations was that they wanted to pay two payments of £10,000 over 25 and 50 games, which for a club at our level - is ludicrous and we argued very strongly on that because Nicky Adams was bought by them as a player who is going to be in their first team squad.  I think further payments after 15, 30 and 45 games are again reasonable and fair for our point of view."

"We are pleased, we got a fair hearing and as I said to Nicky after the tribunal, we wish him the very best, he has to get into that first team and stay there.  He is a good player and we wish him every success in the future."