• Premier League

Holloway to pocket a percentage of Adam transfer fee

ESPNsoccernet staff
January 27, 2011
Ian Holloway signed Charlie Adam for £500,000 in 2009 © PA Photos
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Ian Holloway would get a cut of any transfer fee that Blackpool receive for Liverpool target Charlie Adam.

Holloway has a clause in his contract that rewards him for selling a player for a higher amount than he was signed for.

Liverpool and Aston Villa have both had £4 million bids rejected for Adam, who Holloway signed for Blackpool from Rangers for £500,000 in 2009, with club insisting the player is worth at least double that figure.

"My chairman looked at my record of producing players and helping players and selling them on and he wanted that at Blackpool," Holloway told the Sun.

The Blackpool manager described Liverpool's offer for Adam as "disgraceful" and claimed the player was worth £16 million. Manchester United manager Sir Alex Ferguson agrees that Adam has been seriously undervalued by his suitors and joked following Tuesday night's 3-2 victory at Bloomfield Road that the midfielder's corners alone were worth £10 million.

Holloway added: "If you're saying I'm doing this because I'm getting 20-30% of the Adam money I'll not be very happy - it's miles away, absolute nonsense. I'm on a far bigger bonus to keep us in the Premier League and Charlie Adam can help me do that."

There is nothing in football rules to prevent a manager having a clause in his contract granting him a percentage of the profit made on a player.

An FA spokesman confirmed: "This type of agreement does not contravene any of our rules whatsoever."

© ESPN Sports Media Ltd.
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