Manchester City have been ordered to pay £250,000 for Norwich youngster Angus Gunn, despite the Canaries holding out for around £1 million plus add-ons.
Gunn, the son of Norwich icon and former manager Bryan, left Norwich for the Etihad Stadium over the summer amidst a dispute over the fee for the 16-year-old.
Now an independent panel has set the fee at £250,000, just a fraction of the amount Norwich were seeking for the England youth international, although that sum will rise should he break into the first team at Manchester City.
That remains unlikely for the foreseeable future however, although the talented youngster has already impressed Roberto Mancini's coaching staff.
With Joe Hart retaining the keepers jersey, Costel Pantilimon, Stuart Taylor and Gunnar Nielsen are all ahead of Gunn and waiting in the wings for first team football.
Pantimilion appears to be next in line for a shot after deputising for Hart in Manchester City’s Carling Cup quarter-final success over Arsenal, with the on-loan keeper ensuring Roberto Mancini’s side kept a first clean sheet in five games in the process.
Gunn has progressed well since the summer switch and has already moved into the Citizens' FA Youth Cup side, playing above his age group, although he remains some way off the first team.
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