Fulham will seek a compensation fee in the region of £7million following Harvey Elliott's move to Liverpool over the summer, according to The Times journalist Paul Joyce.

Elliott, 16, signed for the Champions League holders on the 28th July and made his debut for the club during Liverpool's 2-0 victory over MK Dons in the Carabao Cup third round on Wednesday night.

The England U17 international hit the crossbar twice during his performance on the right flank, with Elliott earning a spot in the side after impressing Jurgen Klopp during his first few months on Merseyside.

Elliott made his professional debut for Fulham at the age of 15 in September 2018 before going on to feature twice during the West London club's relegation-hit season, and it has now emerged that Fulham are demanding a significant fee following the winger's departure.

It is understood they want £7million in compensation after Elliott opted against signing a scholarship deal at Craven Cottage last summer, and the situation is set to be resolved by the Professional Football Compensation Committee.

Elliott is unable to sign a professional deal until he reaches the age of 17, and this meant Liverpool were able to sign him last summer without having to negotiate a transfer fee with the Cottagers.

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The Verdict

This would be a very large compensation fee compared to others that have been paid in the past, but you would have to say that Elliott is worth it based on his performance at Stadium MK.

The 16-year-old looked mature and composed on the right flank during his first-team debut for the club, while he was unlucky not to mark his first start with a goal after hitting the woodwork twice.

Elliott looks set to have a big future at Anfield, so Liverpool would surely be willing to pay a fee in this region for the winger's services as it is a sum they would definitely be able to afford.

This could also help set a precedent for the future whereby smaller clubs continue tp receive adequate fees for youth talents who are snapped up by clubs higher up the footballing pyramid.