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Official News

Statement from the Board and Gary Roberts re Michael Gash
Posted by Debbie Mosley
Jul 29, 2009, 21:19

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The club entered into a set of difficult negotiations with Ebbsfleet regarding the sale of Michael Gash to York, the purpose of which was to gain the best deal for Cambridge City FC.

Ebbsfleet received a bid for Gash that would only go through with the support of CCFC. Although City will not receive all of what was originally planned, the fee being offered by York was high and might not be matched by another club if the sale stalled.

As a club, we were mindful of needing to generate income from Michaelís sell-on and took the view that it was better to take what was on offer rather than kill the deal and then deal with just the possibility that an equally good one would come along in the near future. For that to have happened Michael would have had to have continued at his current form level, which as we know cannot always be guaranteed in football and for him not to have been injured and out of the game.

Put simply, if City didnít accept the restructured offer, the transfer would not have gone through and the £7,000.00 would not have been paid into the Club.

We also negotiated a new sell-on clause of 30% of the amount that Ebbsfleet would subsequently receive if Michael was ever sold on by York City, which means that Michael could well provide a further source of welcome income some way down the line.

Thus far, the Club have been paid £27,000.00 in fees for the playerís services with the possibility of more to come, which is considerable return for the Club for a player who came through our Youth Academy. The deal will also enable the payment of an outstanding payment of £3,500.00 from the original deal.

It is also important to recognise that after giving such good service to us in two spells at the club Michael deserves the chance to make progress on the football ladder while the opportunity to do so was available to him. While first ensuring that the deal was right for us we felt it right that we should not stand in Michaelís way in his career progression. We should also not forget that if York City are successful in their planned promotion push this season we could yet see Michael playing in the Football League which like Neil Harris before him could yet provide great kudos for us as the Club that originally took him on and developed him.

Finally, it needs to be emphasised just how delicate these negotiations were. At their conclusion, the Club felt that it had achieved the best result it could under the circumstances.

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