Chelsea must pay Manchester City an initial fee of
£3.5million for Daniel Sturridge although the striker's transfer
could eventually cost the Londoners around
£7million.
The Professional Football Compensation Committee hearing ruled a
compensation payment of £3.5million was due, with additional
payments of £500,000 due after each of 10, 20, 30 and 40 first-team
competitive appearances in all competitions.
A further payment of £1million will be due if Sturridge makes a
full international appearance, while City will be due a 15% sell-on
fee if the 20-year-old leaves Stamford Bridge.
A statement read: "Chelsea FC will pay an initial fee of
£3.5million with additional payments of £500,000 after each of 10,
20, 30 and 40 first-team competitive appearances.
"There will be a further payment of £1million if the player
makes a full international appearance.
"Manchester City will receive 15% of any sell-on fee if the
player is transferred."
Sturridge joined Chelsea in July on a four-year deal after his
contract expired at City.
The two clubs could not agree a fee and, because of his age,
City were entitled to some recompense, which was determined by the
tribunal.
Sturridge, nephew of former Derby forward Dean, made a total of
30 appearances for City, scoring six times.
Since joining Chelsea, the England Under-20 international has
made eight appearances, finding the net for the first time with two
goals in the Blues' 5-0 FA Cup third-round defeat of Watford
earlier this month.
Chelsea declared themselves satisfied by the outcome of the
Premier League tribunal. "We are content with the outcome of
today's tribunal regarding Daniel Sturridge's transfer from
Manchester City," a statement read.
"The initial fee is very close to what we first offered. "Any
subsequent payments are directly linked to the success of the
player and that is satisfactory to us."