The decision of the Professional Football Compensation Committee meeting held on Monday 22nd October regarding Anthony Straker's move from Aldershot Town to Southend United is as follows.
• The PFCC decided that Southend United should pay Aldershot Town an initial compensation fee of £17,500
• Additionally, Southend United will pay an additional £5,000 if they win promotion to npower League 1 in 2012/13 or 2013/14.
• Southend will also pay Aldershot 20% of any profit it makes from selling the player to another club at any point in the future.
In accordance with the rules of The Football League, and in agreement with The Professional Footballers' Association, the Professional Football Compensation Committee (PFCC) is responsible for setting the compensation fee for players Under 24 where the club formerly holding his registration and the club next holding his registration fail to reach an agreement regarding compensation for training and development.
The PFCC comprises of an independent Chairman, an appointee from The Football League, an appointee of The Professional Footballers' Association and an appointee of the League Managers' Association.
In setting these compensation fees, the PFCC took into account the costs of training and development, the player's age and playing record, the length of time he was registered with his former club, the terms offered by both clubs, the status of the two clubs, transfer fees paid previously for his services and the interest shown by other clubs in acquiring the registration of the player.