Update on George Swan and Louis Hutton moves from Leeds
A report in today’s Times claims that City have agreed to pay Ã‚Â£800,000 in compensation to Leeds for the two 14-year-olds, George Swan and Louis Hutton. Previously I’d wrote how the sum had not been revealed by Leeds. City haven’t released any official comment.
It does seem a large sum when compared with City’s reported initial offer of Ã‚Â£70,000. One factor may have been the recent tribunal award for Luke Garbutt, who moved from Leeds to Everton. The tribunal set an initial fee of Ã‚Â£600,000 which could rise to Ã‚Â£1.55 million. However Harding is 16-years-old, and two years can make a big difference in the development of teenagers.
Another move that is often referred to in these kind of cases, is that of Tom Taiwo and Michael Woods, for whom Chelsea payed Ã‚Â£4 million compensation to Leeds when they moved as 16-year-olds. Now 19, Taiwo is currently on loan at Carlisle and had a trial for Seattle Sounders in the Summer. Woods has made two substitute appearances for Chelsea in the FA Cup.
There’s no guarantee that youngsters will go on to make it in the first team, particularly when that first team is looking to feature the world’s best players. The bar is so high now, you have to fear for any young player’s chances, but we wish them all the best.
The M.E.N. reports today (14/10/2009) that the club have ‘dismissed’ the Ã‚Â£800,000 figure, but then goes on to say the deal could be worth up to Ã‚Â£700,000 if the boys make the grade.