Dyce BC has received a six-figure windfall from the transfer of Stuart Armstrong from Celtic to Southampton, the fee will come in three instalments spread over the next three years.
Under the FIFA Solidarity Agreement, all clubs involved in a player training from the ages of 12 to 23 are entitled to a share of the transfer fee. A total of 5% is allocated between each team a player has been registered with from the ages of 12 to 23, From the ages of 12 to 16 they get 0.25% each year and from 16 to 23 they get 0.5%.
This is the second occasion that Dyce has had such a payment for a former player having received an amount from the transfer of Russell Anderson to Sunderland back in 2007.
Dyce Boys Club was formed in 1980 and has 182 boys and 30 girls on their books, other graduates of Dyce include former Aberdeen and Scotland striker Scott Booth who is currently manager at Glasgow City, current Dons captain and Scotland midfielder Graeme Shinnie and Bruce Anderson, the 19-year-old forward who has broken into the first-team squad at Pittodrie this season.
Armstrong met with members of the Dyce BC committee last week in Edinburgh ahead of the big news.
Stuart Armstrong won various trophies during his time with Dyce and played alongside Shinnie and also Andrew Macaskill who is currently playing for Highland League outfit Buckie Thistle and used to play with Inverness CT and Holland Park Hawks SC in Australia.
Armstrong played in the Under 16s Scottish Cup final against Hutchison Vale from Edinburgh and Vale came away with a 2-1 win.
Stuart reached a number of cup finals and was always involved in some keenly contested matches against Albion, under 14s level seen Albion beat Dyce 5-0 in the Eddie Mannall Trophy however Dyce won the double the year later beating Albion 2-1 in the Belmont Trophy final before a Stonehaven Youth Trophy victory for Dyce over Formartine United 3-1.
Under 16s level was undoubtedly Armstrong's most successful season at youth level, alongside reaching the Scottish Cup final, Dyce won the treble and ended Albion winning the league for 3 years on the trot, Dyce won 3-1 against Cove in the Middlefield BC Trophy and also won 2-1 against Peterhead in the President's Cup.
Dyce BC treasurer Len Nicol spoke about the windfall when he said, "Obviously it gives us a life blood, we know that there will be a Dyce Boys Club guaranteed for the next few years without doing any major fundraising, we will continue to fundraise as we have done over the last 38 years, the club get benefits in a lot of ways, how we spend the money hasn't yet been decided.
"We will sit back for a while and decide and take stock before spending the money, at the end of the day, the kids are going to benefit and we are hoping we can purchase something and say we used it from the Stuart Armstrong transfer money, so there is a bit of legacy for Stuart's contribution towards Dyce Boys Club.
"We have lost a number of coaches and the fact that we lost coaches at competitive level probably means a shortage of trophies over the last few years, we decided a few years ago to get the foundations and we spent a lot of time and effort on the non-competitive section, the plan is to get under 19s teams on the go again.
"Hopefully with getting a lot of publicity, it can help our cause for the future and we are trying to grow the club, we have 182 boys registered and 30 girls as well, we have grown again as a club in the last few years.
"Stuart was always one of the better players at Dyce, his skill and the way he played the game was there for everyone to see, he was a slim built lad, you could see as he got older that he was going to make it, he always showed quality.
"We were speaking to Stuart last week, we won all the cups at under 16s level apart from the Scottish Cup and Stuart said that is his biggest regret at Dyce, we were 1-0 up and lost 2-1 and he mentioned he wish they had won the game."