BURNLEY, ENGLAND - Monday, August 18, 2014: Chelsea's captain John Terry in action against Burnley's Danny Ings during the Premier League match at Turf Moor. (Pic by David Rawcliffe/Propaganda)

Report: Danny Ings to cost Reds “up to £7million” due to Tottenham’s bid

Liverpool could be forced to pay up to £7million to Burnley in order to finalise the signing of Danny Ings.

SWANSEA, WALES - Monday, May 19, 2014: England's Danny Ings in action against Wales during the 2015 UEFA European Under-21 Championship Qualifying Group 1 match at the Liberty Stadium. (Pic by David Rawcliffe/Propaganda)

The Liverpool Echo report that the relegated Premier League side have turned down a £4million offer from The Reds, and are happy to let the case go to a tribunal where a fee would be decided should the clubs fail to come to an agreement.

Neil Jones writes: “The Clarets are willing to continue talks but if no compromise can be reached then they are happy to let the tribunal set the fee and are confident they could receive up to £7million if they do.”

A £7million tribunal fee would be a new record amount, with the current highest standing at £6.5million which Chelsea had to pay to Man City to sign Daniel Sturridge in 2010.

Tottenham were reported to have bid £12million to secure Ings’ services ahead of Liverpool before the 22-year-old later knocked them back in favour of a move to Anfield, and the report suggests that Spurs’ offer could now impact on the fee Liverpool are ordered pay.

“The Ings situation has been complicated by interest from Tottenham who were reported to have made a £12million bid for the frontman.

Burnley could cite Tottenham’s interest as a relevant factor if the case was to be brought before the Professional Football Compensation Committee, despite the fact that Ings had no interest in moving to White Hart Lane.”

Jones adds that Ings’ past contributions for Burnley where he was top scorer two seasons in a row “would also be bought into consideration” in the assessments over the amount Reds have to pay to complete the deal.

However, it is written that Liverpool remain hopeful that a deal can be agreed without the need for a tribunal and though the club will have to reconsider their valuation of Ings to finalise a deal, there is no indication the transfer could fall through.

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