After another disappointing result away at Leicester at the weekend, there was some fairly good news today for the Club and its fans with the outcome of the Steve Davies tribunal finally being decided.

Winger Davies joined the East Midlands Club in the summer following their relegation from the Premiership in spectacular and almost hilarious style in 2007/08 but despite Davies being out of contract at Prenton Park, his age ensured that Derby owed Rovers a fee for the striker and when one could not be agreed between the Clubs, a tribunal date was set.

After the cancellation of the tribunal on its initial date two weeks ago, today became the day and it's fair to say that for Tranmere Rovers, the outcome looks favourable to some extent.

The hearing this morning decided the following outcomes in Rovers' favour....

• A £275,000 payment upfront.
• Additional payments of £62,500 every time Davies makes fifteen appearances (15, 30, 45 and 60 appearances) making a total appearance add-on of £250,000.
• A £200,000 payment if Derby are promoted to the Premiership within the next three years assuming Davies remains at the Club in that time period.
• A 15% sell-on clause when Davies moves on from Pride Park.

Assuming Davies makes the right amount of appearances and if Derby also get promoted, Rovers could therefore stand to net at least £725,000 from the deal not including any possible sell-on fee - a deal that most Rovers fans will agree is a good one for the Club.

Some will still rue the fact that the Club did not take the offer (believed to be around £400,000) from Leeds United last January and have the money in the bank rather than relying on potential bonus payments but this deal appears a good one for the Club.

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