Imps Offered Yeo Compensation

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12th July 2006

Lincoln City have been offered compensation by Peterborough United for former Imps' striker Simon Yeo.

Yeo has actually left Sincil Bank after he rejected a new contract at Lincoln City, thereby making himself a free agent. This normally means that Lincoln City would not be entitled to compensation for Yeo due to the Bosman rule.

However, one condition of allowing former Imps' boss Keith Alexander to leave The Imps was that he could not sign any of Lincoln City's contracted players. Yeo was under contract at the time of Alexander's departure albeit for just five more weeks.

Lincoln City, according to reports in Peterborough, were offered a deal on Tuesday that is based on appearances by and goals scored by Yeo plus an additional sum if Peterborough win promotion. As yet, there is no word on whether Lincoln City have accepted this offer. Should Yeo go to any other club then Peterborough then Lincoln City will not receive a penny.

Peterborough's owner Barry Fry is confident that Yeo will shortly sign for his club. Already, Yeo is an active member of Peterborough's pre-season squad, having scored twice on Monday evening in Peterborough's 4-0 victory against Sligo Rovers.