The Football.....

[martint235]

I thought the £20m was to trigger his release clause so there's bound to be more involved?

I thought a release clause was just that. Once you've bid it, unless someone else bids against you, all that's left is agreeing personal terms with the player.

Unless it's a young player that the club has spent considerable time developing in which case it goes to a tribunal but I don't think that applies to Vardy . I think Liverpool had to pay Burnley extra for Ings iirc.

 

[AndyRM]

I thought a release clause was just that. Once you've bid it, unless someone else bids against you, all that's left is agreeing personal terms with the player.

Unless it's a young player that the club has spent considerable time developing in which case it goes to a tribunal but I don't think that applies to Vardy . I think Liverpool had to pay Burnley extra for Ings iirc.

You could well be right. I thought the idea was you had to agree to bid a certain amount to make a formal offer.

Not really got a clue how contract negotiations work to be honest, the money involved makes my brain hurt.

 

[SpokeyDokey]

Minimum release fee: as soon as the fee value is breached by an interested club then the player and the interested club are allowed to 'talk' which may or may not result in a contract offer. The player's current club cannot block any contract negotiations and should the player accept the interested club's offer then the current club must sell.

Providing the minimum release fee is met, any number of clubs can talk to the player thus potentially starting a bidding war.

 

[SpokeyDokey]

Starting to look like The Foxes are going to be ripped to shreds during the summer transfer window.

 

[martint235]

Minimum release fee: as soon as the fee value is breached by an interested club then the player and the interested club are allowed to 'talk' which may or may not result in a contract offer. The player's current club cannot block any contract negotiations and should the player accept the interested club's offer then the current club must sell.

Providing the minimum release fee is met, any number of clubs can talk to the player thus potentially starting a bidding war.

Yep this is my understanding too. If the release fee is £20m and Arsenal bid that, if no one else bids and Arsenal agree terms with Vardy, Leicester have to sell him for £20m.

It will be interesting to see what happens.

 

[Andrew_P]

Think the release can only be triggered by Champions League teams, plus with a relatively low release fee what his agent has guaranteed is a salary bidding war. At a guess

 

[SpokeyDokey]

Think the release can only be triggered by Champions League teams, plus with a relatively low release fee what his agent has guaranteed is a salary bidding war. At a guess

Yes - Vardy has got that (CL Team) in his contract - bit of an odd one really as eg LFC/MUFC/CFC may will have wanted to bid and at Vardy's age £'s may well have been worth more than CL football for a season or two - esp' as he is a pretty late comer to the high paying PL salary trough-athon.

 

[martint235]

Yes - Vardy has got that (CL Team) in his contract - bit of an odd one really as eg LFC/MUFC/CFC may will have wanted to bid and at Vardy's age £'s may well have been worth more than CL football for a season or two - esp' as he is a pretty late comer to the high paying PL salary trough-athon.

My understanding is any team can bid but non-CL clubs will have to bid more. A news report a few days ago suggested Liverpool would need to bid £30m

 

[SpokeyDokey]

My understanding is any team can bid but non-CL clubs will have to bid more. A news report a few days ago suggested Liverpool would need to bid £30m

Didn't know that. Thanks.

 

[mark st1]

Looks like Koeman is off to The Toffees Sky saying compensation agreed. Good manager seems a nice guy. Not sure about that move though.

 

[vickster]

Yes - Vardy has got that (CL Team) in his contract - bit of an odd one really as eg LFC/MUFC/CFC may will have wanted to bid and at Vardy's age £'s may well have been worth more than CL football for a season or two - esp' as he is a pretty late comer to the high paying PL salary trough-athon.

Should have done better then last season

 

[mark st1]

Should have done better then last season

Rofl only Gooners can celebrate finishing second.

 

[vickster]

Mourinho may be hoping for an early sacking and payoff so he can pay his legal bills and tribunal settlement costs

 

[mark st1]

Mourinho may be hoping for an early sacking and payoff so he can pay his legal bills and tribunal settlement costs

I wouldn't have thought he is short of a few quid. Hopefully that has bought to an end that whole debacle ! They said yesterday the Dr had turned down 1.2 million I wonder what she ended up with.

 

[vickster]

I wouldn't have thought he is short of a few quid. Hopefully that has bought to an end that whole debacle ! They said yesterday the Dr had turned down 1.2 million I wonder what she ended up with.

Double I reckon. Just shows the madness of football. Although there have been high profile cases in the City too