Brentford must pay Walsall an initial fee of £325,000 for striker Will Grigg, a Football League tribunal has ruled.
The Saddlers will also be paid £30,000 for every 20 competitive match Grigg plays, up to a maximum of 100, and will receive 20% of any future transfer fee.
Brentford will have to pay £50,000 if they are promoted to the Championship and £250,000 if they reach the Premier League during the Northern Ireland international’s time at Griffin Park.
Brentford chief executive Mark Devlin said: “We thank the panel for their time on Wednesday and for giving us a fair hearing.
“We are glad that a decision has been reached and Will can now go back to concentrating on his football.”
Grigg, 22, signed for Brentford during the summer after turning down Walsall’s offer of a new contract.
He has scored two goals in seven appearances since joining the Bees.
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This post was last modified on 26/09/2013