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Updated ' Newport £500,000 sell on profit '

Tue Jan 19, 2016 5:09 pm

Newport collect £500,000 from sale of Conor Washington to QPR from Pererborough via sell on clause.Good business


UPDATED :ayatollah:

SKY SPORTS

19/01/16

NEWPORT SET FOR WINDFALL

Some more now on that move which has seen Conor Washington move from Peterborough to QPR.

Wales Online is reporting his former club Newport County are set to receive £500,000 as part of the deal having inserted a 20 per cent sell-on clause into his transfer to London Road two years ago.

Re: Newport £500,000 sell on profit

Tue Jan 19, 2016 5:13 pm

mymucker wrote:Newport collect £500,000 from sale of Conor Washington to QPR from Pererborough via sell on clause.Good business


Great business by a small club like Newport :ayatollah: our club should be doing the same thing.

Re: Newport £500,000 sell on profit

Tue Jan 19, 2016 5:29 pm

Forever Blue wrote:
mymucker wrote:Newport collect £500,000 from sale of Conor Washington to QPR from Pererborough via sell on clause.Good business


Great business by a small club like Newport :ayatollah: our club should be doing the same thing.



Radio Wales said 7 figure amount? A 20% sell on clause#

Re: Newport £500,000 sell on profit

Tue Jan 19, 2016 5:48 pm

That money is massive for them, good business acumen.

Re: Newport £500,000 sell on profit

Tue Jan 19, 2016 6:08 pm

They need it - maybe now they'll take our two players back

Re: Newport £500,000 sell on profit

Tue Jan 19, 2016 6:20 pm

pembroke allan wrote:
Forever Blue wrote:
mymucker wrote:Newport collect £500,000 from sale of Conor Washington to QPR from Pererborough via sell on clause.Good business


Great business by a small club like Newport :ayatollah: our club should be doing the same thing.



Radio Wales said 7 figure amount? A 20% sell on clause#



SKY SPORTS

19/01/16

NEWPORT SET FOR WINDFALL

Some more now on that move which has seen Conor Washington move from Peterborough to QPR.

Wales Online is reporting his former club Newport County are set to receive £500,000 as part of the deal having inserted a 20 per cent sell-on clause into his transfer to London Road two years ago.

Re: Newport £500,000 sell on profit

Tue Jan 19, 2016 6:34 pm

Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:
mymucker wrote:Newport collect £500,000 from sale of Conor Washington to QPR from Pererborough via sell on clause.Good business


Great business by a small club like Newport :ayatollah: our club should be doing the same thing.



Radio Wales said 7 figure amount? A 20% sell on clause#



SKY SPORTS

19/01/16

NEWPORT SET FOR WINDFALL

Some more now on that move which has seen Conor Washington move from Peterborough to QPR.

Wales Online is reporting his former club Newport County are set to receive £500,000 as part of the deal having inserted a 20 per cent sell-on clause into his transfer to London Road two years ago.



Whatc did he go for annis thought was 3m?

Re: Newport £500,000 sell on profit

Tue Jan 19, 2016 6:44 pm

pembroke allan wrote:
Forever Blue wrote:
pembroke allan wrote:
Forever Blue wrote:
mymucker wrote:Newport collect £500,000 from sale of Conor Washington to QPR from Pererborough via sell on clause.Good business


Great business by a small club like Newport :ayatollah: our club should be doing the same thing.



Radio Wales said 7 figure amount? A 20% sell on clause#



SKY SPORTS

19/01/16

NEWPORT SET FOR WINDFALL

Some more now on that move which has seen Conor Washington move from Peterborough to QPR.

Wales Online is reporting his former club Newport County are set to receive £500,000 as part of the deal having inserted a 20 per cent sell-on clause into his transfer to London Road two years ago.



Whatc did he go for annis thought was 3m?


Allan, It was £2.5mill I was told.

Re: Updated ' Newport £500,000 sell on profit '

Tue Jan 19, 2016 10:43 pm

They got 400k for him originally, so that's almost 1m from the deal. That's a hell of a lot of money for any League 2 team, let alone a relatively small team like Newport. Well done to them

Re: Updated ' Newport £500,000 sell on profit '

Wed Jan 20, 2016 8:03 am

ffs wrote:They got 400k for him originally, so that's almost 1m from the deal. That's a hell of a lot of money for any League 2 team, let alone a relatively small team like Newport. Well done to them


Excellent business

Re: Newport £500,000 sell on profit

Wed Jan 20, 2016 9:07 am

Forever Blue wrote:
mymucker wrote:Newport collect £500,000 from sale of Conor Washington to QPR from Pererborough via sell on clause.Good business


Great business by a small club like Newport :ayatollah: our club should be doing the same thing.


Newport not going to waste that money, keeps them ticking over. We spend that regularly on duds with no re-sale potential