Fleetwood Town’s chairman has confirmed that they are set to pocket a nice chunk of change should Jamie Vardy complete a £20m move to Arsenal this summer and that they won’t be the only ones.

Fleetwood are expected to receive 25% despite Andy Pilley refusing to clarify any amount, but it’s not clear how much of that will flow down to National League side, Halifax.

Vardy played for Halifax for a single season, signing for them from Stocksbridge Park Steels before moving to Fleetwood in 2011.

Speaking to the Blackpool Gazette, Pilley, said “There is a sell-on clause.

“I would not want to say how much.

“It would be inappropriate to suggest how much.

“Of course any money received is gratefully received.

“It would not stop with us, it is also passed on to Halifax.

“A sell-on clause is pretty standard and Halifax have a sell-on clause so it filters down the football pyramid and it helps a lot of clubs at different levels.

“Leicester have been first class throughout the whole process and I was delighted to see them achieve what they did last season.

“The national press have said it could change Fleetwood.

“But we would get a relatively small amount back and it would not be life changing.

“We we will not be changing our business plan and we will not be going on a spending spree if it happens.

“We will continue to run the club like we always have done.

“We are incredibly proud of Jamie.

“It is extraordinary how well he has done and the frightening thing is I don’t think he has even peaked yet and hopefully he can lead England to glory at Euro 16.

“We knew Jamie was very, very good but I’d be lying if I said I thought he would be the Football Writers’ Association player of the year and to score a back heel against the world champions (Germany) but we knew he was a special player.”

What is also not clear is how this transfer is likely to go with Vardy taking his time to make a decision.

He certainly got a lot of it on Friday night as he sat on the bench while England struggled to score more than one against a poor Russia side.