The Saddlers have taken issue with Iain Dowie's comments to a Black Country newspaper that City had paid "just north of £200,000" and Walsall Chairman Jeff Bonsor hit back by saying to his club's website: For the avoidance of any doubt, Coventry City have paid an initial fee of £750,000, which will be paid in stages over the period of 12 months.
"They will also pay a further £250,000 based on appearances and a significant percentage of any future transfer fee. On top of that there will be payments if he achieves an England cap and if Coventry City gain promotion.
"Dowie's statement raises the question how a person who does not know the difference between £200,000 and £750,000 be managing a football club? It is no wonder that clubs end up in financial difficulties."