Teddie Lamb

[lordgriff]

Signed for Man City.
350k plus add ons. Played for City last weekend against Villa.
Bournemouth and Saints also interested but did not offer the same deal.

[Reflecto]

If those numbers are correct - we could be looking at a source of funds going forward. Hadn't even heard his name before today. Hope all the proceeds go on strengthening our squad in the upcoming window

[Top of the JES]

He was an unused sub in a recent game (EFL Trophy?)

[Story of O]

FA Cup

[OyinbO]

Richie will be fuming that he went there

[Give it to Jabo]

Anyone on here seen him in action?

[EliotNes]

Well, that's come out of nowhere.

[Max B Gold]

It's literally free money. We will never hear about him again until turns up playing against us in a pre season friendly for St Albans FC in three years.

Good luck to the lad all the same.

[Highwood Man]

£350,000 is a lot of money for a lad who has never played a minute of first team football. Except that, in the crazy world of the Premier league, it's just peanuts. Good for us though.

[BengeO]

When I saw this heading. I thought it was answering the earlier post asking "What meat are you having for Christmas lunch".

[Max B Gold]

When I saw this heading. I thought it was answering the earlier post asking "What meat are you having for Christmas lunch".

I considered that epic humour for a few seconds but decided it didn't work. Better luck next time.

[moonwalk19]

£350,000 is a lot of money for a lad who has never played a minute of first team football. Except that, in the crazy world of the Premier league, it's just peanuts. Good for us though.

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

[Bandy Legs]

£350,000 is a lot of money for a lad who has never played a minute of first team football. Except that, in the crazy world of the Premier league, it's just peanuts. Good for us though.

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

[Adz]

£350,000 is a lot of money for a lad who has never played a minute of first team football. Except that, in the crazy world of the Premier league, it's just peanuts. Good for us though.

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

Where do you get that from? Prem teams are frequently paying for youth team players

[LittleMate]

£350,000 is a lot of money for a lad who has never played a minute of first team football. Except that, in the crazy world of the Premier league, it's just peanuts. Good for us though.

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

That's incorrect. Because he's been in the O's system, we are immediately due payment based on a scale of rates. How the additional sums are due is surely a matter of negotiation - but since a number of clubs were in at the £150k level I would think we will be getting most or all of it up front.

[Bandy Legs]

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

Where do you get that from? Prem teams are frequently paying for youth team players

He's a 15 year old academy player, not a youth team player.

[Top of the JES]

£350,000 is a lot of money for a lad who has never played a minute of first team football. Except that, in the crazy world of the Premier league, it's just peanuts. Good for us though.

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

Chelsea recently paid us £20k for a 10 year old it’s got absolutely nothing to do with signing proffesional forms it’s agreed compensation and from what I understand it’s money up front with add ons.

[Bandy Legs]

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

That's incorrect. Because he's been in the O's system, we are immediately due payment based on a scale of rates. How the additional sums are due is surely a matter of negotiation - but since a number of clubs were in at the £150k level I would think we will be getting most or all of it up front.

He is a 15 year old boy not a contracted player.
Look at Louis Barrie re West brom Barcelona.
It's compensation its not a transfer fee.,
Unless he is on a scholarship at Orient we could get nothing
None of this will be payable until he signs professional forms

[Bandy Legs]

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

Chelsea recently paid us £20k for a 10 year old it’s got absolutely nothing to do with signing proffesional forms it’s agreed compensation and from what I understand it’s money up front with add ons.

Chelsea paid compensation.
They didn't pay us anything else. As Chelsea received transfer bans for knicking young kids from clubs around the world on the cheap, they are now making token compo payments

[EliotNes]

To repeat what I posted on another thread, when interviewed in the 1881 suite pre-Boxing day match and asked about this rumour ML said Teddie Lamb has not gone anywhere, though 2 PL teams are interested in him and have talked to ML about him, but he wouldn't say which two.

[LittleMate]

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

That's incorrect. Because he's been in the O's system, we are immediately due payment based on a scale of rates. How the additional sums are due is surely a matter of negotiation - but since a number of clubs were in at the £150k level I would think we will be getting most or all of it up front.

He is a 15 year old boy not a contracted player.
Look at Louis Barrie re West brom Barcelona.
It's compensation its not a transfer fee.,
Unless he is on a scholarship at Orient we could get nothing
None of this will be payable until he signs professional forms

Transfers to and from abroad are not covered.

As I previously stated, fees are due based on the number of years done in our academy, factored by his age and the scale rate. As with private school fees, the amount rises with age.

Finally whilst he's not under contract, he is registered with the club. This season he's ours unless we release him. If we offer him next year then unless we release the receiving club from the obligation then they have to pay what's been invested into the lad already. We'd never release a premiership club from that obligation - hence they battle to pick kids up in advance and pay a surplus.

[Hoover Attack]

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

That's incorrect. Because he's been in the O's system, we are immediately due payment based on a scale of rates. How the additional sums are due is surely a matter of negotiation - but since a number of clubs were in at the £150k level I would think we will be getting most or all of it up front.

He is a 15 year old boy not a contracted player.
Look at Louis Barrie re West brom Barcelona.
It's compensation its not a transfer fee.,
Unless he is on a scholarship at Orient we could get nothing
None of this will be payable until he signs professional forms

You are completely wrong on this. We will receive calculated amount if he leaves for another team in England.

[Hoover Attack]

If we can get £350k for a 16 year old to Man City that will help pay for a good winger or C/F

We'd only get any money off of Man City when he signs professional forms , that's a long way off for Teddie & us.

Chelsea recently paid us £20k for a 10 year old it’s got absolutely nothing to do with signing proffesional forms it’s agreed compensation and from what I understand it’s money up front with add ons.

Had no idea sums could raise to that level that early. That’s bonkers.

[Bandy Legs]

That's incorrect. Because he's been in the O's system, we are immediately due payment based on a scale of rates. How the additional sums are due is surely a matter of negotiation - but since a number of clubs were in at the £150k level I would think we will be getting most or all of it up front.

He is a 15 year old boy not a contracted player.
Look at Louis Barrie re West brom Barcelona.
It's compensation its not a transfer fee.,
Unless he is on a scholarship at Orient we could get nothing
None of this will be payable until he signs professional forms

Transfers to and from abroad are not covered.

As I previously stated, fees are due based on the number of years done in our academy, factored by his age and the scale rate. As with private school fees, the amount rises with age.

Finally whilst he's not under contract, he is registered with the club. This season he's ours unless we release him. If we offer him next year then unless we release the receiving club from the obligation then they have to pay what's been invested into the lad already. We'd never release a premiership club from that obligation - hence they battle to pick kids up in advance and pay a surplus.

They aren't transfer fees
It's compensation

[Bandy Legs]

That's incorrect. Because he's been in the O's system, we are immediately due payment based on a scale of rates. How the additional sums are due is surely a matter of negotiation - but since a number of clubs were in at the £150k level I would think we will be getting most or all of it up front.

He is a 15 year old boy not a contracted player.
Look at Louis Barrie re West brom Barcelona.
It's compensation its not a transfer fee.,
Unless he is on a scholarship at Orient we could get nothing
None of this will be payable until he signs professional forms

You are completely wrong on this. We will receive calculated amount if he leaves for another team in England.

Not as wrong as you think

https://ukfootballacademyfinder.com/foo ... -payments/

As a general rule, these compensation rules are negotiable, and do not necessarily stand in the way of a player moving to another academy. For instance, a club might say that they will only ask for their compensation if that player goes on to make a first team appearance or sign a pro contract or sign a scholarship.  it can be backdated, or back weighted, according to how successful that player becomes.  

Alternatively, a club might ask for all the compensation up front, if they feel that another club has been tapping up their player and has encouraged him to ask to leave. But this is all very negotiable and clubs try their best to make sure that this compensation doesn't stand in the way of players advancing their careers, and moving on to be successful elsewhere.