The Professional Football Compensation Committee today determined the compensation payable by Scunthorpe United to Stoke City for Martin Paterson.

The compensation ordered was:

1. £275,000 initial payment
2. £30,000 after 15, 30, 45, 60 and 75 games.
3. 20% sell on
4. £250,000 if promoted to Premiership within 2 years.

Stoke had sought compensation of:

1. £750,000 initial payment
2. £250,000 based on games played
3. £100,000 based on a specified number of goals scored
4. £75,000 on first full international caps.
5. £75,000 on 5 full international caps

Subject to all conditional elements being achieved this would result in a total sum of £1,250,000.

In addition a 25% sell on provision was to apply.

SUFC had offered £125,000 + 15% sell on.

Given that Martin had very limited Championship League experience prior to joining SUFC, the award is considerably more than we would have anticipated.

We have been promised a full written explanation of the reason for the award and until that's received we are unable to comment further.