May 9, 2013, 8:10 AM EDT
In case it wasn’t already clear, the £23 million ( $35.8m) release clause reportedly inserted into Marouane Fellaini’s contract is a complete joke.
The clause was inserted into the deal that Fellaini penned with Everton in November 2011 when the Belgian dynamo signed a five year extension with the club. At the time it was a huge coup for the Toffees, as Fellaini had been linked with numerous high-profile moves away from Goodison Park.
“We are delighted to have secured the services of Marouane for the long term,” Everton’s chief executive Robert Elstone said. “Marouane has been a hugely influential player for Everton since his arrival in 2008 and we hope that remains to be the case for the next five years.”
Fast forward a year and a half and it’s clear that Elstone’s wish isn’t coming true as it’s widely accepted that Fellaini will be moving on to a bigger club this summer. And the main reason why? Big clubs are foaming at the mouth to pounce on that ridiculous £23 million release clause.
It’s unclear who negotiated that number on behalf of Everton, but whoever it was – YOU’RE FIRED.
How £23 million sounded like a good deal for the Everton board is beyond me. At the time of the re-up Fellaini was the perfect age for a developing talent (23 years old), freakishly large (6’5″ and 190 lbs), and a proven Premier League game-changer in both the striker role (where he had starred in 2008-09 scoring 8 goals on 52 shots) and the holding midfield position (where he decimated everything in his path).
So why did Everton agree to let big clubs trigger Fellaini’s release for such a measly fee?
It’s totally non-sensical.
When Everton bought Fellaini from Standard Liege in 2008 they paid a semi-hefty £15 million for his services. In other words after spending three years grooming Fellaini into a world class player – and groom they did as Fellaini entered the league a hot mess of pointy elbows and knobby knees – Everton was content to re-sign him knowing that when they would eventually be selling him for an £8 million profit.
An £8 million profit? For Fellaini?
If that kind of business was negotiated at Arsenal there would be outrage. Pandemonium. Anarchy. But at Everton, no one raised an eyebrow.
But why not? A quick look at the deals going down for strikers and holding midfielders in and around 2011 proves Everton definitely undervalued Fellaini’s worth:
- In 2005, Chelsea bought a 22 year old Michael Essein from Lyon for £26 million.
- In 2007, Manchester United purchased a 19 year old Anderson from Porto for £25.7 million.
- In 2009, Liverpool sold a 27 year old Xabi Alonso to Real Madrid for £30 million.
- In 2011, Newcastle sold a 22 year old Andy Carroll to Liverpool for £36 million.
- In 2011, Liverpool sold a 26 year old Fernando Torres to Chelsea for £50 million.
- In 2011, Arsenal sold a 24 year old Cesc Fabregas to Barcelona for £35 million.
- In 2012, Tottenham sold a 26 year old Luka Modric to Real Madrid for a £33 million.
And while I recognize that comparing certain players’ transfer values with others is never an exact science, it’s relatively clear that Everton could have fetched £27-35 million for Fellaini’s transfer.
Point being, in an age where it’s common for clubs to set over-ambitious release clauses (Porto’s £84 million release clause for Hulk comes to mind), setting Fellaini’s exit clause at £23 million was a travesty.
If Everton haven’t recognize that yet, they will soon.
Apr 27, 2015, 10:45 PM EDT
Sometimes words can’t be used to express emotions, so this team resorted to throwing wild haymakers instead.
Apr 27, 2015, 9:10 PM EDT
A friendly reminder that we’re all entirely too knee-jerk with our reactions these days.
Apr 27, 2015, 7:15 PM EDT
This one is an absolute beauty from Bobby Wood, who’s doing his part to keep Erzgebirge Aue from being relegated out of 2. Bundesliga.
Apr 27, 2015, 6:00 PM EDT
Freddy made his second appearance for KuPS last week, and dare we say it, he looked pretty good. See for yourself.
Apr 27, 2015, 4:55 PM EDT
Only an all-time historic meltdown of epic proportions can keep Bournemouth out of the Premier League now.
Apr 27, 2015, 4:15 PM EDT
Maybe the best player in MLS that you don’t know about, it’s time to recognize Ethan Finlay.
Apr 27, 2015, 3:30 PM EDT
28 goals in 9 games means choices aplenty for this week’s MLS Team of the Week.
Apr 27, 2015, 3:11 PM EDT
Now 21-year-old midfielder John McGinn is set for three weeks on the sidelines, though he also has a heck of a story.
Apr 27, 2015, 2:18 PM EDT
The 29-year-old Belgian center back joins a unit which has conceded just 19 goals in La Liga play, the best total in the league by six goals.
Apr 27, 2015, 1:35 PM EDT
Hazard is now the PFA’s reigning Player of the Year. We doubt very much this video will make his peers think they voted incorrectly.
Apr 27, 2015, 1:16 PM EDT
Backup keeper Erik Kronberg is ineligible for the competition since he was a part of Sporting KC earlier in the tournament.
Apr 27, 2015, 12:07 PM EDT
The headlines aren’t being kind to Newcastle on Monday morning, and it seems their manager is sick of his players’ performance and grief from supporters.
Apr 27, 2015, 11:08 AM EDT
True to form, the West is leading. Perhaps not to expectations, but leading nonetheless.
Apr 27, 2015, 10:35 AM EDT
PST’s Lead Writer and Editor takes an alternative look at Week 34 in the PL.
Apr 27, 2015, 10:10 AM EDT
Find out which club put forth a performance that was second to none in Round 34 of the Premier League.
MLS official squashes rumor of emergency intra-MLS goalkeeper loan for CONCACAF Champions League final
Apr 27, 2015, 9:21 AM EDT
A potential week-long loan of Chicago Fire goalkeeper Sean Johnson to the Montreal Impact for this Wednesday’s second leg of the CONCACAF Champions League final against Club America is not going to happen.
Apr 27, 2015, 8:35 AM EDT
Find out whose star shone above the rest in the Premier League this weekend.
Apr 27, 2015, 8:08 AM EDT
Elton John. American skippers and Harry Potter. Get to know the Hornets ahead of their PL return.
Apr 27, 2015, 7:50 AM EDT
Sturridge and Luis Suarez registered 52 PL goals last season. Liverpool as a team has 47 this season.
Apr 26, 2015, 11:50 PM EDT
Final: Sounders 1-0 Timbers
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- MLS Team of the Week — Stars of Week 8 0
- Not even allowed an appeal: CONCACAF confirms Bush suspension for Champions League final 2
- Premier League Playback: Chelsea brilliant, not boring, as title inches closer 0
- MLS official squashes rumor of emergency intra-MLS goalkeeper loan for CONCACAF Champions League final 11
- VIDEO: Premier League Player of the Week — Round 34 0