Liverpool have been ordered by a tribunal to pay Burnley a £6.5m transfer fee for striker Danny Ings, with a further £1.5m in add-ons.
The decision was reached by the Professional Football Compensation Committee (PFCC) on Tuesday at a meeting in Manchester attended by officials from both clubs.
The £1.5m in additional payments will be based on appearances, while the tribunal ruled Burnley will also receive 20 per cent from any future sale of the player.
A statement from Liverpool said: "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."
Source: transfermarketweb.com