Dean wrote:
Posh Imp wrote:
Peter, it is relevant because £150k was the figure we received and the percentage was 25. It was done as a deal whereby that percentage would be carried forward to any future sale, but only beyond the £600k mark (which is the starting point, as they have already given us 25% of that amount.)
I don't know how to put it any other way.
I do hope you see it now. I know it is a rather odd way of agreeing a sale, but that is how it was.
So what your saying is they gave us £150k, and we only get £25% of any figure of any price over £600k. So we let Liverpool keep £450k?
Yes.
And I suppose that is one way of looking at it (Liverpool keeping £450k) but that probably wasn't the way it was originally delivered to the selling group.