I doubt there was any assumption at the time Josh Key transferred from Exeter City to Swansea City last summer that it would take longer than a year to reach the point where the salary amount was verified.
But that was the situation once the two teams couldn’t agree on what the Grecians thought would be a fair amount of compensation.As a result, the Professional Football Compensation Committee (PFCC) was asked to rule on the case and determine how much the Swans would have to pay for Key’s services.
“We’ve actually had the tribunal, and I have to say, I think it’s a disgrace the way we’ve been treated in this situation and any other club that faces a tribunal in this situation,” Exeter manager Gary Caldwell said earlier this month, criticizing the tribunal system for failing to assist lower league teams.
“I think it’s wrong that bigger clubs can just take these players or try to bully us to take these players because we’re a club that obviously develops our own; we develop Academy players.” The truth is that we haven’t had the funds for it since we sold a player more than a year ago.
“It’s a disgrace, and I believe that going forward, something has to be done about it, not just for us but also for other teams that train and sell their own players. They have to solve this problem much, much faster.
Because we’re a well-run football club, we can get away with it even though it may have negatively impacted our performance and recruitment efforts last year if we really needed the money. However, some clubs might not be able to, therefore I believe the EFL ought to give it some serious thought.
The PFCC has mandated that the actual outcome of the tribunal procedure be kept confidential. However, Exeter has expressed satisfaction with the final verdict, indicating that the cost has decreased more toward the amount Exeter felt was appropriate than the Swans may have desired.
In addition, Exeter officially expressed gratitude to Josh Key, Marcus Flitcroft, Matt Taylor, and our attorney Phil Bonner of Centrefield Law for their assistance throughout the process.
There is no right of appeal for any party, and the tribunal’s decision cannot be changed.
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