A tribunal will set the fee Liverpool must pay Fulham for their teenage winger Harvey Elliott after the two sides failed to agree the terms of the impending transfer.

Elliott has rejected Fulham’s offer of a scholarship and is poised to move to to the European champions to continue his career. The 16 year-old had made his senior debut against Millwall in the League Cup last September and Scott Parker handed him a Premier League debut when he came on as a late substitute at Wolves in May. Elliott also came off the bench on the final day of the season against Newcastle, but Fulham’s hopes of holding onto one of their brightest talents faded when the youngster made clear he wouldn’t sign a new deal at Craven Cottage.

Instead, the England under-17 youth international had a choice of several offers from across Europe to further his development, with the likes of Barcelona, Real Madrid and RB Leipzig interested in his services. Elliott, a boyhood Liverpool fan, who became the youngest Premier League player in history at the end of last season, is rumoured to be in line to receive at least £60,000-a-week when he moves onto a professional deal after his 17th birthday.

The exact amount of compensation that Liverpool will have to pay Fulham for Elliott’s service remains to be seen as very few teenagers had made a comparable move having played Premier League football.