Jordan's anger at tribunal
09 Jul 2008 - 15:42:19
Crystal Palace's outspoken chairman Simon Jordan has revealed his fury at a tribunal ruling following the sale of John Bostock to Spurs.
The 16-year-old midfielder was snapped up by the North London giants in May but the decision on a fee was handed to the courts after neither club could agree on a fair amount.
Jordan had pushed for an initial £2million, rising to £2.5million after certain clauses had been triggered.
However, the tribunal ruling instead demanded less than half that total amount - just £700,000 potentially rising to £1.25million.
Jordan pointed to the sale of the former Cardiff City starlet Aaron Ramsey for £5million to Arsenal as the benchmark for the current transfer market.
"The tribunal, in my view, are supposed to reflect the conditions of the transfer market place," he said.
"They came up with a figure of £700,000 for a player who has captained his country at Under-17 level, who is perceived to be one of the best youngsters in the country and is being chased by Barcelona, Arsenal, Manchester United and Chelsea.
"We had a £900,000 offer from Chelsea when he was 14 which we turned down. It's beyond me and it makes me question why I bother with football."
