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Exeter hit out at 'disappointing' decision over Ampadu's Chelsea transfer fee

Exeter City have criticised the tribunal over Ethan Ampadu's move to Chelsea, declaring the outcome sends out the "wrong message" to clubs who produce young talent.

The teenage defender made the switch to Stamford Bridge last July, though the Premier League champions failed to agree a fee with the League Two club at the time.

The Professional Football Compensation Committee has ruled the Grecians will receive a guaranteed sum of £1.3 million for the 17-year-old, with the fee potentially rising to £2.5 million through additional payments.

However, Exeter chairman Julian Tagg declared he was "disappointed for football" at the final verdict.