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.
Aug 2, 2015, 9:15 PM EDT
David Accam helped lead Chicago Fire over FC Dallas to end the visitors five-game winning streak.
Aug 2, 2015, 8:06 PM EDT
Xavi gets up for preseason friendlies, and in his first match for his new club, the 35-year-old rips a classic free kick.
Aug 2, 2015, 7:03 PM EDT
Diego Valeri missed a penalty as neither side could take advantage of its few big chances.
Aug 2, 2015, 6:36 PM EDT
It was a tough day for a number of Premier League teams who suffered losses and setbacks, most notably Mark Hughes and Stoke City.
Aug 2, 2015, 5:25 PM EDT
The 23-year-old midfielder has struggled with ankle problems in the past, and another has cropped up.
Aug 2, 2015, 5:00 PM EDT
Some big signings this summer and a new manager has fans excited for what could be this coming year.
Aug 2, 2015, 3:14 PM EDT
Tony Pulis is a hard-nosed leader, but unless Saido Berahino can repeat his goal-scoring year from last season, it will be a tough go for the Baggies.
Aug 2, 2015, 2:30 PM EDT
Take a bow, Benteke. Take a bow.
Jose Mourinho says “best team lost,” attacks Arsenal’s defensive tactics, as Chelsea beaten at their own game
Aug 2, 2015, 1:50 PM EDT
Chelsea boss hits out at Gunners as he loses to Wenger for first time in 14 attempts.
Aug 2, 2015, 1:07 PM EDT
The long-time spat between the managers of Arsenal and Chelsea rumbles on.
Aug 2, 2015, 12:45 PM EDT
Catch up on all the latest transfer rumors and gossip, right here.
Aug 2, 2015, 11:57 AM EDT
Wenger finally beats Mourinho, while the Blues have some issues up front.
Aug 2, 2015, 11:55 AM EDT
Arsenal takes claim to the Community Shield as Arsene Wenger has finally defeated Jose Mourinho.
Aug 2, 2015, 10:49 AM EDT
The Gunners took a 1-0 first half lead over Chelsea in the FA Community Shield thanks to a classy finish from Alex Oxlade-Chamberlain.
Aug 2, 2015, 10:04 AM EDT
In the City of Brotherly Love, it was only fitting that the Wright-Phillips boys led New York to a victory.
Aug 2, 2015, 9:07 AM EDT
There’s a legitimate chance that Roy Keane has never taken a picture with his cell phone.
Aug 2, 2015, 8:12 AM EDT
Manchester United’s Di Maria experiment is all but over, and it’s going to cost them $20 million.
Aug 2, 2015, 12:02 AM EDT
That’s 7 losses in 8 games for the Sounders. Meanwhile, the ‘Caps go top of the West.
Aug 1, 2015, 10:47 PM EDT
Another Royal Rumble between old rivals. While the rest of MLS went goal-crazy, these two did what they always do.
Aug 1, 2015, 9:33 PM EDT
The goals floweth over in MLS tonight. Cyle Larin scored his second straight brace for Orlando City.
- Premier League friendly roundup: Southampton draws, Stoke swallowed 0
- Jose Mourinho says “best team lost,” attacks Arsenal’s defensive tactics, as Chelsea beaten at their own game 5
- Arsene Wenger, Jose Mourinho fail to shake hands, as Gunners boss finally prevails 1
- Three things we learned from Arsenal’s Community Shield win vs. Chelsea 0
- Arsenal 1-0 Chelsea: Oxlade-Chamberlain strike wins Gunners FA Community Shield 0
- Report: Manchester United, PSG agree to $70 million fee for Angel di Maria 3