Date:Wednesday January 17 2007
Peter Storrie has told the local paper "The News," that Pompey have made £625,000 from Rowan Vines 2.5 million move to Birmingham. Portsmouth agreed with Luton that 25% of the player`s sale would come to Portsmouth.
Portsmouth have also made a similar deal with James Keene who will cash Pompey 20% of the total value on his next move.
Peter Storrie said;
'When Rowan went to Luton we had an agreement that Portsmouth receive 25 per cent of the transfer fee. That's something I always aim to do. You can understand players' frustrations if they want to play, it's only natural.
'When it comes to young players leaving, it's especially important to cover our backs. The younger lads cannot get in your team and want to go elsewhere but you never know how they might develop in the long term.
'They might make it in the next two or three years. That has happened in Rowan's case but we had a sell-on clause to earn some money out of it. I would like to think it's good business.
'People don't always realise but this is something I have always done and often it can turn into good things. When Wigan stayed up we received some money as part of the De Zeeuw transfer.
'When Sheffield United were promoted we received money as part of the Unsworth deal. There is a similar thing inserted in James Keene's Elfsborg contract with a sell-on clause around 20 per cent.
'It all adds up to a fair amount and they make nice little additions for us.'
I`m looking for suggestion on what Pompey should spend the £625,000 on? Funniest reply enters draw to win a signed Pompey shirt at the end of the season…
On this day in history...30th August (Saturday August 30 2014)
#PompeyPredictionsLeague - Update no.4 (Friday August 29 2014)
Pompey v Newport IOW (Friday August 29 2014)
Robbo's loan extended (Friday August 29 2014)
On this day in history...29th August (Friday August 29 2014)
Awford's assessment - Stoke 3-0 Pompey (Thursday August 28 2014)
On this day in history...28th August (Thursday August 28 2014)
Stats: Stoke v Pompey (Wednesday August 27 2014)
On this day in history...27th August (Wednesday August 27 2014)
Stoke v Pompey (Tuesday August 26 2014)
|On this day in history...30th August
» Portsmouth : 30/08/2014 07:00:00
|Chairboys expecting tough ride
» York : 29/08/2014 21:48:00
|#PompeyPredictionsLeague - Update no.4
» Portsmouth : 29/08/2014 20:40:00
|Loan Exit Still On The Cards
» Northampton : 29/08/2014 19:47:00
|Widdowson The Left Back Solution
» Morecambe : 29/08/2014 19:43:00