The vice-chairman of Bournemouth Football Club, Jeff Mostyn, has expressed his disappointment at the level of the settlement over the move of Marc Pugh from Hereford to Dean Court.
"In view of all the circumstances, we were extremely disappointed with the outcome," Mostyn told the Bournemouth Echo.
"Taking everything into consideration, we found the decision quite excessive.
"Marc spent a limited period with Hereford, they got him on a free transfer from Shrewsbury and there was very little input into his development, other than providing him with first-team football.
"We came to an arrangement with the previous Hereford regime and new owners represented the club at the meeting. We feel we have been penalised for a lack of communication during the change of ownership. We have accepted the tribunal’s findings on the basis that there is no right to appeal."
Mostyn later admitted the club was thrilled to have recruited Pugh.
"We know we have got a tremendous asset in Marc and are thrilled to have him onboard."
Meanwhile BBC Sport have reported that the Cherries will receive £1M from Blackpool for their striker Brett Pitman.
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Next Game: Away At Needham On Tuesday February 11th Kick Off 7.45pm