AFC Wimbledon will receive up to £425,000 for teenage goalkeeper Will Mannion, who joined then-Premier League side Hull City last summer.
Mannion joined the Dons as a 16-year-old and after two years at the club declined a professional contract in order to sign for the Tigers.
As Wimbledon and Hull could not agree a fee at the time, Mannion's case was seen by a Football League tribunal who awarded the south-west London club an initial fee of £100,000, plus further payments of up to £100,000 for appearances for Hull's first team, and up to £225,000 based on future international call ups.
And while the Dons were hoping to receive more financial compensation, they accept the tribunal's decision.
A Wimbledon statement said: "Although we sought a substantially higher compensation fee the AFC Wimbledon board considers that the club received a very full hearing and, given the laid-down criteria by which the tribunal was bound to arrive at its decision, we accept that the fee is fair.
"Will joined AFC Wimbledon at age 16, following the disappointment of being released from three other academies. It is a testament to the talent-spotting and coaching ability of Ashley Bayes, our first team goalkeeping coach, that within two years Will had been invited to join the England U19 squad; he subsequently gained his first England under 19 cap only two months after joining Hull.
"Before the first offer was received from Hull City the Club had indicated that it was proposing to offer Will, then aged 17, a professional contract. Had such a contract been signed then any transfer fee would have been calculated on an entirely different basis.
"We believe that Will has a fine career ahead of him and in the event that he is transferred to another club we will be entitled to 20 per cent of any profit Hull make on the deal. Will is currently recovering from a ligament injury but is reported to be likely to be ready to resume playing in July. We wish him every success in his future career."
While disappointed Mannion chose to join Hull, who were relegated from the Premier League this month, Wimbledon believe it is nevertheless a sign that their academy is producing talented young footballers.
The Dons statement added: "Finally, we note Will is the third academy player in the last two years to be recruited by another club. While we would always prefer to retain these boys and see them make their way into the first team, it is, nonetheless, evidence that the club's investment in our academy is bearing fruit."