Transfer Balls: Arsenal Trigger That Fabregas £175m Release Clause
WHEN Cesc Fabregas left Arsenal For Barcelona, the Daily Mail said his contract contract had a £130m buy-out clause. The BBC said that was rubbish – the clause was worth £175m.
The Telegraph told readers:
While Barcelona believe the deal is worth no more than €40 million (£35 million), Arsenal value the transfer at almost £40 million after Fabregas agreed to waive a £4 million loyalty bonus.
We also learnt:
Arsenal will receive €14.5 million up front, with another €14.5 million to be paid in October. A further €1 million will be released for each year of a contract that lasts until 2016.
That was August 2011. Which, if right, means Arsenal have been paid €32 million for the player.
So. Mindful of the facts, let’s see what Metro have said today about Fabregas:
The Gunners are understood to have the right to buy back their former skipper for £29.2m – £800,000 more than what Barca paid for him three years’ ago.
And this is what the Metro told readers in 2011:
The final deal is reported to include an initial payment of £27m with an additional £5.2m in performance-based add-ons at a later stage.
Those add-ones reliant on Barca winning two league titles or a Campions’ League. They did not. So. No bonus.
Journalists are notoriously bad at maths, but we’re certain £29.2m is not 800,000 more than £27m.
And to put the tin lid on the utter balls, Sky Sports state:
It is understood that Fabregas has a £30million release clause written into his contract.
No. Not £130m.
Posted: 1st, June 2014 | In: Arsenal, Sports Comment | TrackBack | Permalink
