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The transfer deadline was a quiet one for Gillingham but they are still set to be quids in.
Ryan Bertrand’s move from Chelsea to Southampton is expected to net the Gills an unexpected cash windfall.
It is understood that the Gills will receive 15% of the profit Chelsea made on the left-back, who moved from Priestfield to Stamford Bridge a decade ago.
That money could be used for the Gills to fund the arrival of a new manager. An approach for Newport County boss Justin Edinburgh is being held up as a six-figure compensation fee is being asked by the Welsh side.
Reports nationally suggest the transfer fee for Bertrand was in the region of £10m, meaning the Gills are in line to receive around £1.4m.
Bertrand moved to Chelsea as a 16-year-old in 2005, having progressed through the youth ranks with the Gills. The initial fee of £125,000 was called "derisory" at the time by chairman Paul Scally.
The terms of the deal was agreed by a Football League appeals committee. Details were released on their website at the time of the move. (External link)
Chelsea had initially offered just £50,000 for the player who had been at the Gills since the age of nine.
Since the transfer, Gillingham were awarded money based on domestic and international appearance fees, to the tune of £650,000.
Bertrand’s move to Southampton means the Gills stand to gain over £2m from the player.
Since leaving the Gills, former Robert Napier School pupil Bertrand has enjoyed a medal-laden time with Chelsea. He helped the club to a Champions League win over Bayern Munich in 2012.
Shortly after the final, he made his England international debut. That appearance alone netted the Gills a further £200,000.
In recent years the Gills have made big money with the sales of Paulo Gazzaniga, Jack Payne and Luke Rooney, while also pocketing a sizeable amount for a sell-on fee when Matt Jarvis moved from Wolves to West Ham in 2012.