Liverpool Football Club can confirm the decision taken by the Professional Football Compensation Committee on Tuesday in relation to the registration of Danny Ings.
The guaranteed compensation fee, set by the PFCC tribunal, was £6.5million, plus £1.5million in contingent amounts dependent on player performance.
The club has given the following response to the outcome: “Liverpool Football Club would like to thank the PFCC panel for their time and diligence in deciding this matter.
“We believe the process was conducted fairly and we respect the outcome.
“We are pleased for Danny Ings, in particular, that this chapter is now complete and he can look forward to a long and successful career at Liverpool.”