CHIEF executive Neill Blake expressed his delight after Cherries had finally reached agreement with Blackburn on an acceptable fee for frontman Joshua King.

King became Cherries’ third new signing when he agreed terms on a three-year deal in May having turned down a new contract at Ewood Park.

And while compensation had been expected to be determined by a tribunal, the clubs eventually thrashed out a compromise following weeks of negotiation.

It is believed Norwegian international King, 23, will cost Cherries around £1million with Rovers entitled to receive a level of compensation for the player as he is under 24 years of age.

Blake told the Daily Echo: “I am pleased to have reached a compromise. We’ve got a good deal for a good player. I am delighted the two clubs could work together to get it done so it didn’t have to go to a tribunal.”

Meanwhile, Cherries have strengthened their board with the appointment of brothers Igor and Oleg Tikhturov as directors. Igor, 23, and 27-year-old Oleg are business associates of owner Maxim Demin.