+ another 600k as part of the sell on.
If Reading valued him at 400, then they've done rather well with the 720k they've got so far.
I reckon that £600k figure is wrong anyway.
There is no way we'd pay Reading 40% (assuming 40% is the sell on figure) of the transfer fee, it would have to be 40% of any profit made.
By my calculations, we gave Reading £552k, with another £160k to come if the £400k worth of clauses are met