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SWINDON TOWN: Shrewsbury chasing Town for unpaid Collins fee
12:30pm Monday 25th February 2013 in Sport
SWINDON Town are late in paying an installment due to Shrewsbury as part of the deal which brough James Collins to the County Ground, the Shropshire Star is reporting.
Swindon paid an initial £140,000 up front for the striker but must stump up a further £20,000 for every 15 appearances Collins makes up to a total of 60.
However, the Star claims Town have failed to fork out the most recent payment and Shrews boss Graham Turner has criticised the financial model in place at the Robins.
“They’re a decent, well-supported club, but the principles of the way they’ve gone about it are wrong,” he told the Star.
“It’s good business to try and live within your means and when you get clubs who are reckless with their spending it makes the playing field uneven.”
When the whole of Swindon's squad were put up for sale at reduced prices prior to the completion of Seebeck 87 Limited's takeover of the club, Shrewsbury tried to buy back Collins on the cheap.
“We put in a written offer for James Collins, but within half an hour there was a phone call back saying there’d been a buy-out so they didn’t need to sell players,” said Turner.