Herrington’s former club will not see any proceeds from his next sale, sources have confirmed.
While Brisbane Roar had negotiated a clause entitling them to 20 per cent of his next transfer fee when Herrington was sold to Colorado, that clause was bought out in recent weeks.
The MLS club came to the Roar with a formal offer, and their owners, Indonesian conglomerate the Bakrie Group, ultimately reached an agreement with Colorado for about $560,000, choosing a short-term cash injection over holding out for a bigger sum if and when he is next sold.
That decision could end up costing the Roar several millions if Herrington’s trajectory continues.
The crypto bros incharge of the Roar have taken pennies on the dollar here.