Saturday 24 September 2016

Liverpool to receive just £240,000 compensation as top young talent opts to leave

Carl Markham

Published 14/06/2016 | 11:20

LONDON, ENGLAND - FEBRUARY 09: Joao Carlos Teixeira of Liverpool evades Winston Reid of West Ham United during the Emirates FA Cup Fourth Round Replay match between West Ham United and Liverpool at Boleyn Ground on February 9, 2016 in London, England. (Photo by Mike Hewitt/Getty Images)
LONDON, ENGLAND - FEBRUARY 09: Joao Carlos Teixeira of Liverpool evades Winston Reid of West Ham United during the Emirates FA Cup Fourth Round Replay match between West Ham United and Liverpool at Boleyn Ground on February 9, 2016 in London, England. (Photo by Mike Hewitt/Getty Images)

Liverpool will receive just £240,000 compensation for Joao Carlos Teixeira after the 23-year-old joined Porto, Press Association Sport understands.

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The Portuguese club revealed on Monday Teixeira had agreed a four-year contract to return to his homeland and the Reds have now officially confirmed the player will leave when his contract expires at the end of the month.

Teixeira originally moved to Merseyside from Sporting Lisbon in January 2012 and made his first-team debut as a substitute in a 3-2 victory at Fulham in February 2014.

He made seven senior appearances last season, scoring his first goal in a FA Cup third-round replay at Anfield against Exeter.

"The 23-year-old will officially be registered as a Porto player when his contract with Liverpool is complete on July 1 and the Reds will be entitled to a training compensation fee," said a statement from Liverpool.

Had Teixeira moved to another English club Liverpool would have been able to seek a higher fee closer to the midfielder's actual value at a tribunal but a transfer overseas means they receive basic training compensation.

Press Association

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