Nicky Bailey is ezpected to sign for Middlesbrough in the next 24 hours for a fee in the region of £1.4m. Quite how much of that will be cash up front and how much will depend on appearances, Boro's promotion etc. is unknown. Clearly Charlton needs as much cash up front as possible to keep the club in business.
In any event they'll be dancing on Southend pier as 20 per cent will go to the Shrimpers in a nice boost for the League 2 club.
This deal has been expected for some time and the club has managed to get much more than I hoped for, so it's good news on balance.