Date: 1st July 2009 at 3:04pm
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Dagenham & Redbridge will challenge Colchester United`s compensation payment for latest U`s signing, Magnus Okuonghae after it emerged Charlton would have paid more.

The highly-rated youngster joined the U`s today on a two year deal after rejecting an offer of a new contract in May. He becomes the club`s fifth signing of the summer so far.

Although Okuonghae was a free agent, since he is under 24, Dagenham are entitled to compensation and will fight for more than Colchester have already promised to part with as a part of the transfer.

A source in Epping Forest Guardian said: “The offer we’ve received is only a fraction of what we wanted. We are a long, long way off in terms of valuation of the player.”

Okuonghae will sill begin pre-season training with United, but the Daggers are aggrieved by this dispute and it could be settled in a tribunal.

“The fact is Okuonghae was going nowhere until he came to us. We’ve made him a success and we want a price that reflects that,” it was explained.

As well as Charlton, a clutch of other clubs, including Plymouth, Queens Park Rangers, Peterborough and Watford showed an interest in the player.

He told BBC Essex he was ‘over the moon’ with the move: ‘I’d heard that they were going for it and they wanted to get promoted so I was flattered.’

The Daggers have already lost Ben Strevens, Sam Saunders and Danny Foster this summer, but could still sign U`s striker Jamie Guy.

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