Lincoln City may receive nothing if Frecklington moves on

Lincoln City could be left empty-handed if former Imps midfielder Lee Frecklington leaves Peterborough United for Championship rivals Swansea.

The 24-year-old moved to London Road on a permanent deal from the Imps last May and is believed to have netted Lincoln around £175,000.

A sell-on clause was inserted into the deal but vice-chairman Bob Dorrian has revealed that City will not receive a penny unless the Swans, who were linked with an initial loan move for the midfielder last week, pay more than the fee Peterborough shelled out to the Imps for the Lincoln-born playmaker.

"For argument's sake if Peterborough had paid us £100,000 for Lee and then sold him for £200,000 – a £100,000 profit – we would receive 17.5 per cent of that profit," said Dorrian, who refused to disclose the amount Lincoln received for Frecklington.

"Then, you have to take into consideration that there are a number of ways Swansea could structure the deal, they could pay Peterborough so much after a certain number of appearances, so we are not expecting much money."

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