Norwich City could net over £1 million for Jed Steer switch to Aston Villa

Goalkeeper Jed Steer Credit: PA Images

Norwich City could receive up to £1.175 million in compensation from Aston Villa for the transfer of former academy goalkeeper Jed Steer.

The promising shot-stopper opted to link up again with ex-Canaries boss Paul Lambert in the summer, after turning down a new contract at Carrow Road.

Due to the fact that Steer is under 24, Norwich were still entitled to a fee and it was left to a Premier League panel to mediate between the two clubs.

Villa have been ordered to pay £450,000 plus VAT up front, with any additional payments dependant on future appearances for the Midlands club and any potential international recognition.

Norwich have also agreed a 20% sell-on clause should Steer ever leave Villa Park.