Imps set to land cash windfall

28 April 2009 11:05
Former Imps' defender Jack Hobbs moved from Liverpool to Leicester last week for an undisclosed fee thought to be in the region of £400,000 and, due to a sell-on clause in the players' contract, Lincoln are set to receive 25% of that money.[LNB]The Sincil Bank outfit will also receive £40,000 after goalkeeper Scott Loach reached 30 appearances for Watford, while Peterborough's recent promotion will see the Imps given £60,000 as part of the deal which took former manager Keith Alexander, who is now in charge of Macclesfield, to London Road in 2006.[LNB]"We have to try and put little deals in there which will benefit the football club," club chairman Steff Wright told BBC Radio Lincolnshire.[LNB]"Unfortunately the money isn't going to come through the turnstiles each season."[LNB]On Hobbs, he added: "The actual fee is undisclosed and it won't go through until the transfer window opens again anyway but at that point we'll know how much we're owed from it."[LNB][LNB]

Source: Team_Talk