Boro pay £1.4m for Charlton ace & Southend get a windfall
Nicky Bailey has completed his £1.4m move to Middlesbrough.
Charlton signed Bailey from Southend for £350k in August 2008 and then paid a further £150k to bring the total fee to £500k.
Of the £900k profit, Charlton will have to pay Bailey's former club £225k as a sell-on fee.
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