Swansea Deal Could Net City Cash

10th March 2010

Last week, TFI reported that Swansea City were interested in signing former Lincoln City midfielder Lee Frecklington from Peterborough United. In the report, I said that I did not think there was a sell-on clause that deal that took Frecklington to Peterborough from Lincoln.

The good news is that I was wrong: there is a sell-on clause, as confirmed by Imps' vice-chairman Bob Dorrian.

The clause is 17.5% of any profit.

Unfortunately, Dorrian has not disclosed how much Frecklington joined Peterborough for, so it impossible to predict how much money that Lincoln City will receive should Frecklington move to Swansea. The terms of the clause is that Lincoln will receive 17.5% above the fee that The Imps received from Peterborough.

Dorrian is erring on the side of prudence by saying that "we are not expecting much money". Still, anything is better than nothing.

Please click the links to view cheap merchandise for Lincoln City, Peterborough United or Swansea City football club.

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