Burnley are expecting to receive the “biggest tribunal fee in history” for any player from Liverpool for Danny Ings.
Ings moved to Liverpool in summer 2015 after his contract at Burnley had expired, but the Clarets are due a compensation fee as the striker is under the age of 24.
The two clubs have been engaged in talks to settle the fee which Liverpool must pay for the forward, who was ruled out for the season after suffering a knee injury in October.
Burnley chief executive Dave Baldwin is expecting the fee to break records.
“The reason it is different to the ordinary is this tribunal claim will be the biggest in history,” Baldwin told BBC Radio Lancashire. “The key to this was that we bring the claim against Liverpool, therefore we had to prepare an extremely robust case.
“You’re talking a documentation bundle of probably in excess of 400 or 500 pages with witness statements, evidence, analytics about player performance, the statement as to why we make a judgement as to what we believe the player is worth, compared to what Liverpool want to offer.
“You get your ducks in a row and do the job right.”
Ings joined Burnley from Bournemouth in 2011 for £1million, and he scored 43 goals in 130 games for the club before his departure.
He made his England debut last year before being struck down being injury, but Baldwin insists that will not affect his valuation
“The value is based on training compensation, not the market value of a player,” added Baldwin.
“It’s how long you have that player at your club, what did you do to develop him, what were your investments in how you developed him and as a result of that what player did you produce at the point he departed your club.
“Thereafter, his injury should bear no relevance to the tribunal panel.
“We are dealing with five human beings here who have to make an opinion and no right to appeal.”
It has been reported that Ings could cost Liverpool at least £10million. The current record for most compensation paid for one player is the £6.5million Chelsea paid Manchester City for Daniel Sturridge in 2010.