![]() |
![]() |
![]() |
![]() |
![]() |
You are in: Football: Teams: Walsall |
![]() |
|
![]() |
Tuesday, 4 February, 2003, 19:15 GMT
Saddlers net Ricketts windfall
![]() Ricketts left the Bescot Stadium for £400,000
Walsall will receive £420,000 from the sale of striker Michael Ricketts from Bolton to Middlesbrough.
Ricketts started out his career at the Midlands club and they negotiated a sell-on clause when they sold him to Bolton for £400,000 in July 2000. "The transfer fee paid by Middlesbrough was £2.5m and not £3.5m," said Walsall chief executive Roy Whalley.
"Some sell-on clauses have been inserted but these are dependent on upon Middlesbrough achieving League and Cup success during the next couple of seasons. "We receive 20% of the balance, amounting to £420,000." Whalley, speaking on the club's official website, added: "While the Ricketts transfer is a welcome development for the club, it will not guarantee a 12th successive trading profit. "It will, however, go some way towards helping the club overcome the £2.5m loss of income following the demise of ITV Digital."
|
![]() |
Top Walsall stories now:
![]() ![]() Links to more Walsall stories are at the foot of the page.
![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Links to more Walsall stories |
![]() |
![]() |
![]() |
![]() |
||
![]() |
![]() |
![]() |
------------------------------------------------------------ BBC News >> | BBC Weather >> -------------------------------------------------------------------------------- © MMIII | News Sources | Privacy |