Holloway denies cashing in on Adam
Ian Holloway has revealed he receives a percentage of the transfer fee for any player sold by Blackpool who he has coached, but insists this is not the reason why he and the club are holding out for a higher price for star midfielder Charlie Adam.
Agreements such as the one between Holloway and his employers do not contravene any Football Association regulations. The Seasiders boss has so far resisted all offers for Adam and admitted the bonus he would receive for keeping the club in the Barclays Premier League, with Adam's help, would top anything he could make out of selling the Scottish playmaker.
Holloway told The Sun: "I do get rewarded with anybody I coach and make a profit on. My chairman (Karl Oyston) looked at my record of producing players and helping players and selling them on and he wanted that at Blackpool."
He added: "That's not what I'm (resisting offers for Adam) for. I'm on a far bigger bonus to keep us in the Premier League and Charlie Adam can help me do that.
"If you're saying I'm doing this because I'm getting 20-30% of the Adam money I'll not be very happy - it's miles away, absolute nonsense.
"I bought a frustrated kid from Rangers, we bought him very wisely, and in 18 months we've gone from 16th in the Championship to 12th in the Premier League with his help."