Grimsby want more of the Bennett transfer fee

Ryan Bennett's transfer to Norwich from Posh is under investigation.
Ryan Bennett's transfer to Norwich from Posh is under investigation.
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Peterborough United have been taken to a football tribunal by Grimsby Town over the transfer of Ryan Bennett to Norwich City.

Centre-back Bennett was sold by Posh to The Canaries in 2012 for a reported fee in the region of £2.5 million in January 2012. Posh had paid Grimsby in excess of £500,000 for Bennett in 2009 with ‘The Mariners’ entitled to further cash in the event of a further sale.

Grimsby have already received a six-figure sell-on fee, but believe they are entitled to more.

Grimsby director John Fenty told the Grimsby Telegraph: “We had a 25 per cent sell-on as part of the deal that saw Ryan move to Peterborough. Our interpretation of this sell-on is that we enjoy the collective proceeds related to the payments that Norwich City have made to Peterborough.

“There is some wording in the contract that is deemed dubious because there’s a challenge from Peterborough that they don’t want to uphold these payments.

“We’ve been to arbitration, during this week, and it will come down to a judge’s decision, based on his interpretation of the case before him. They made their representations and we made ours and we’ll have to wait and see what the outcome is.”

No-one from Posh was available for comment today (November 28).