Published: 00:00, 06 December 2016
| Updated: 11:57, 06 December 2016
Gillingham have been awarded £400,000 following John Egan’s move to Brentford.
The fee was settled by a tribunal and comes with appearance-related add-ons which are likely to total another £100,000.
A tribunal was needed after the Gills and Championship side Brentford were unable to agree on a figure.
On top of the £400,000, the Gills will receive £25,000 for every 20 games that Egan plays, up to 80 games, as well as a 20% sell-on fee.
League 1 Gillingham initially asked for £1m while Brentford’s first offer was believed to have been for £200,000, which was later raised to £300,000.
Gillingham were due compensation for the Irish defender as he was under 24 when he moved and had been offered improved terms on his expired deal by the League 1 side, which was rejected.
Egan was signed by former boss Peter Taylor in the summer of 2014, following his release by Sunderland, becoming a key man for the Gills and a mainstay in the side when Justin Edinburgh took charge.
He left the Gills for Brentford having made 81 league appearances during the two seasons and scoring 10 goals.
The defender has been an ever-present for Brentford this season, appearing in all 19 of their Championship fixtures, scoring goals against Ipswich and Aston Villa.
He has played 20 games in total, already triggering the first of the £25,000 payments.
The valuation was decided by the Professional Football Compensation Committee who met last week.