Having valued his starlet at ÂŁ3m in April, Hill was left not best pleased by the Canariesâ€™ best offer â€“ one he subsequently described as â€śderisoryâ€ť.
The Bosman move will now go to a tribunal.
â€śWe wonâ€™t get what we deserve for Jacob,â€ť said Hill. â€śI havenâ€™t got any problems with Jacob, weâ€™ve got a superb relationship. Itâ€™s the system which I donâ€™t like. The only people who will benefit from this are Norwich.
â€śJacob will be playing for them next season and we might not have had the tribunal to see how much money weâ€™ll get for him.