Danny Ings to Liverpool: Reds may have to pay record £8m tribunal fee to secure free agentLiverpool may have to pay as much as £8 million to sign Danny Ings despite the striker's Burnley contract expiring this summer, according to reports.
The Reds remain favourites to secure the services of the 22-year-old despite Tottenham lining up an eleventh-hour £12 million bid, and had hoped to bring Ings to Anfield for a compensation fee of around £4 million.
However, the Daily Mail reports that the striker, who scored 11 goals despite Burnley finishing 19th in the Premier League, could be subject to a record compensation payment of £8 million.
As Ings is under 24, Burnley are entitled to a development fee if he leaves the club when his contract runs out on June 30 and, if the clubs cannot agree a sum, the fee will be decided by the Professional Football Compensation Committee. The previous highest valuation in such a move was afforded to current Liverpool striker Daniel Sturridge, whose move from Manchester City to Chelsea in 2010 eventually earned City £6.5m.
http://www.independent.co.uk/sport/football/transfers/danny-ings-to-liverpool-reds-may-have-to-pay-record-8m-tribunal-fee-to-secure-free-agent-10284244.html Take it with a pinch of salt because it basically comes from the Daily Mail really but £8m? He wouldn't be worth that if he was under contract for the next 10 years. Who comes up with these amounts and how do they come up with them? We're getting less for Borini and he's under contract ffs!