May 9, 2013, 8:10 AM EST
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.
Jan 24, 2015, 11:00 PM EST
The bitterness is flowing freely from Falcao’s agent as he plots the Colombian striker’s next move to a “world’s best-seven team.”
Jan 24, 2015, 8:45 PM EST
If MLS is good enough for Italian national teamers, why isn’t it good enough for U.S. national teamers?
Jan 24, 2015, 7:45 PM EST
Barcelona were stunning as they put a half-dozen past Elche, while Real stumbled to victory. Elsewhere, AC Milan are very bad.
Jan 24, 2015, 7:04 PM EST
The Baby Yanks are headed back to the Big Dance this summer.
Jan 24, 2015, 5:45 PM EST
A number of PL giants fell on Saturday, leaving Arsenal, West Ham and Aston Villa shaking in their boots.
Jan 24, 2015, 4:54 PM EST
The squad is set for the first games of 2015, following a late addition and a number of cuts.
Jan 24, 2015, 4:20 PM EST
After four games played, absolutely nothing separates any of the four teams in Group D. Nothing.
Jan 24, 2015, 3:23 PM EST
“Frustration is not the right word, embarrassed would be more appropriate.”
Jan 24, 2015, 2:51 PM EST
Catch up on all the latest rumors and gossip, right here.
Jan 24, 2015, 2:08 PM EST
Cristiano Ronaldo was sent off for Real Madrid, but Gareth Bale saved three points with a late-game penalty.
Jan 24, 2015, 1:16 PM EST
Chelsea, Manchester City and Southampton were all upset in one of the craziest rounds in FA Cup history.
Jan 24, 2015, 12:29 PM EST
Another Premier League giant is out of the FA Cup as Middlesbrough got the result of a lifetime.
Jan 24, 2015, 12:05 PM EST
Madness at Stamford Bridge as The Bantams came from two goals down to knock Chelsea out of the FA Cup.
Jan 24, 2015, 11:38 AM EST
Middlesbrough are poised to knock the defending Premier League champions out of the FA Cup.
Jan 24, 2015, 11:04 AM EST
Southampton and Crystal Palace combined to score five first-half goals in a wild FA Cup match.
Jan 24, 2015, 9:49 AM EST
Unfortunately, the strike wasn’t enough to save Swansea City from defeat.
Jan 24, 2015, 9:23 AM EST
Knowing that Mancini knows Yaya well, we’ll present the comments in case something comes up.
Jan 24, 2015, 8:30 AM EST
Jurgen Klinsmann knows that Altidore’s move to MLS is a risk and an opportunity.
Jan 24, 2015, 7:50 AM EST
For every backheel volley highlight, there was a story like his nearly fighting Wilfried Zaha in an England U-21 match.
Jan 23, 2015, 11:10 PM EST
Check out the stats behind the sacks as the League Managers Association releases its quarterly report.
- Italy head coach Antonio Conte supports Sebastian Giovinco’s move to MLS 7
- USMNT U-20s defeat El Salvador, 2-0, qualify for 2015 U-20 World Cup 1
- Jurgen Klinsmann names 23-man roster for USMNT friendlies vs. Chile, Panama 0
- Africa Cup of Nations roundup: Ivory Coast, Cameroon in 1-1 draws as Group D up for grabs 0
- Mourinho on loss: “Me and the players must feel ashamed” 0
- FA Cup roundup: Top-three Premier League teams all eliminated at home 2