Barnet will receive an initial £25,000 from York City for Jake Hyde, thought that fee could rise to £40,000 dependent on appearances.

The 24-year-old striker left the Bees at the end of last season to join League Two side York on a three-year contract after turning down the opportunity to stay at The Hive.

After failing to agree a package for the former Swindon Town striker at the time of his departure, the fee was set by tribunal at Wembley Stadium on Wednesday.

Hyde was offered a one-year deal by the Bees at the end of the season but expressed his desire to return to the Football League and was subsequently transfer listed in order to elicit interest.

Speaking at the time, head coach Martin Allen told the club 's ebsite: "Jake has expressed a wish to play at a higher level and his goals over the past two seasons can make that happen.

"Therefore we are placing Jake on the transfer list we immediate effect to see if there are clubs in the Football League who will pay the necessary compensation.

The Maidenhead-born forward scored 14 times in the 2012/13 season as Barnet were relegated from the Football League on the final day of the season.

Injury hampered much of his 2013/14 campaign but Hyde was still the Bees' top-scorer.

In 117 outings in all competitions for Barnet, Hyde scored 33 goals.