Aston Villa are likely to receive less from the agreed transfer fee on Ollie Watkins’ sale to Saudi Pro League’s Al Hilal.
Aston Villa might be content with the transfer fee from selling their star, Ollie Watkins, for about £ 51 million. Such an amount would be useful for their transfer business as well as complying with the financial rules. Unfortunately, The Lions are probably not going to receive such a full fee.
According to the report in Birmingham mail, there is another club which also benefits from the sale of the 30-year-old forward. His first club, Exeter City, just prompted it in their formal statement.
“We (Exeter City) can confirm we expect to receive a payment following the transfer of Ollie Watkins from Aston Villa to Saudi Arabian side Al-Hilal.”
The reason behind Exeter City’s claim is related to FIFA solidarity payment mechanism. The club which contributed to developing the players in the early stage is bound to get their share. The details of it is in the following statement from The Grecians.
“This process involves a number of clubs – Exeter City, Brentford, to whom Exeter sold Ollie in 2017, Aston Villa and Al-Hilal – and is subject to confidentiality clauses which are beyond the control of Exeter City Football Club.
“Under FIFA’s solidarity payment mechanism, a proportion of any transfer fee is distributed to clubs involved in training and developing a player between the ages of 12 and 23. Ollie was part of the Exeter City Academy from the age of 11 in 2007 and made his first team debut in 2014 after signing his first professional contract that season.
“We are awaiting further details regarding the payment. We do not know how long this process will take to conclude, but we do not anticipate receiving any sum before the end of the current transfer window. Subject to the terms agreed, it is also possible that payments will be in instalments over a number of years.
“To ensure full transparency, we will share further information with supporters when we are able to do so, however, this will be in line with the confidentiality agreements in place. We can assure supporters that any sum received will be used to protect and strengthen the long-term security of the Club.”
Under FIFA regulations, the clubs which develop the player from aged 12 to 23 shall receive five percent of total fee if the player leaves before his contract expires. Watkins left Villa before his contract ended and played for The Grecians from aged 11 to 21 where he then moved to Brentford in 2017. He stayed with The Bees until 23 years old as the frontman switched sides to The Clarets and Blue.
Therefore, his first club will likely receive 3.5 to 4 percent of the fee, while the remaining 1 to 1.5 percent will be given to Brentford. So, Exeter City expects to gain £1.75m and £2m from the solidarity payment, while Brentford might receive around £0.5 to 0.76 million.
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