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Around The Uk

Monday, 18 September, 2000, 18:07 GMT 19:07 UK
Spurs could pay price
defoe
As happened with Jermaine Defoe, a tribunal has backed Charlton
Tottenham could end up paying 445,000 to Charlton in compensation for young midfield star Owen Price.

The north London club had offered their Premiership rivals a miserly 4,000 after signing the player last year but Charlton snubbed that offer and took the matter to a tribunal.

Spurs have been ordered to pay an immediate 10,000 by a Football League compensation tribunal, with a further 15,000 being handed over if the 15-year-old signs scholarship forms. Should Price turn professional at the north London club they will have to hand over 20,000.

Four payments of 100,000 will be due should Price make 10, 20, 30 and 40 senior appearances for Spurs, with Charlton also due 10% of any future transfer fee.

Price switched clubs a year ago but Charlton were angered by the level of compensation Spurs offered.

"Tottenham accepted that we were entitled to compensation, but the most they would offer was 4,000," said Charlton chief executive Peter Varney.

"We viewed this as inadequate and, as in the case of Jermaine Defoe last November, we felt a principle was at stake. Clearly, the tribunal agreed with us."

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