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.
Mar 9, 2014, 1:37 PM EDT
In the midst of a 4-match winless skid in the Bundesliga – 5 if you include the Champions League drubbing by PSG – Bayer Leverkusen now lose a key midfield component.
Mar 9, 2014, 11:54 AM EDT
An offshore Swiss bank account has betrayed the 62-year-old as he faces 10 years in prison.
Mar 9, 2014, 10:23 AM EDT
Jozy Altidore was left out of the Sunderland squad today thanks to a knock he picked up in training, but this season as a whole has been a train wreck.
Mar 9, 2014, 9:26 AM EDT
According to the player’s agent and brother, an English club – and possibly multiple – made a large offer for the defender, but he is happy at Real Madrid.
Mar 9, 2014, 8:53 AM EDT
Because there’s still hope for humanity, a player convinces the referee he wasn’t taken down in the box and that a penalty shouldn’t be awarded
Mar 9, 2014, 7:34 AM EDT
Two goals from players in their Major League Soccer debuts crack our first Top 5 list.
Mar 9, 2014, 7:02 AM EDT
Will Bruin, Federico Higuaín, and Kenny Miller each scored two goals as a cagey start transformed into fireworks.
Gastón Fernández pays immediate dividends for Portland, but don’t overlook a strong night from Philadelphia
Mar 9, 2014, 6:10 AM EDT
“La Gata’s” late heroics can’t overshadow a strong start for the new-look Union.
Mar 9, 2014, 5:25 AM EDT
MLS’s best forward had a very non-best night on Saturday, with his inability to convert a late penalty kick costing his team in Carson.
Mar 9, 2014, 4:02 AM EDT
The former Canadian international drew a late penalty in the Galaxy’s loss to RSL.
Mar 9, 2014, 12:18 AM EDT
Holding serve was enough in game one under their new coach, with Dallas’s big three threat delivering against the Impact.
Mar 8, 2014, 10:18 PM EDT
They finished last year at opposite ends of the East. On Saturday, D.C. and New York both stumbled in their 2014 openers.
Mar 8, 2014, 9:34 PM EDT
After a downturn in 2013, Houston’s main attacking threat has already bagged two.
Mar 8, 2014, 8:45 PM EDT
The 35-year-old, four-time Best XI midfielder is left looking for his fourth team in three seasons.
Mar 8, 2014, 7:33 PM EDT
CONCACAF Champions League mattered, Seattle will need more time, and Sporting plays to type in MLS opener.
Mar 8, 2014, 6:20 PM EDT
On his fifth team in five years, Barrett delivered Saturday for Seattle.
Mar 8, 2014, 5:33 PM EDT
Late match chaos produced 2014′s first point of drama, with the veteran journeyman giving Seattle a perfect start.
Mar 8, 2014, 4:21 PM EDT
Bayern dominated once again, scoring six against Wolfsburg, while Schalke proved they’re still able to dominate matches by scoring four.
Mar 8, 2014, 3:59 PM EDT
Four decades of soccer in the Pacific Northwest were celebrated at CenturyLink Field.
Mar 8, 2014, 3:06 PM EDT
The Rapids finally confirm the man who guided them through the preseason would replace Óscar Pareja.
- WATCH: Saturday’s top 5 goals in Major League Soccer 0
- MLS roundup: Houston, Vancouver sit on top of their conferences after day one 0
- Rare bad night from Robbie Keane costs LA Galaxy against Real Salt Lake 0
- Atlantic crushed: D.C. United, New York open the season with three-goal losses 2
- Stoppage time goal gives Seattle 1-0 opening day win over Sporting Kansas City (video) 10
- Premier League Roundup: Chelsea clear at the top, Manchester United click, Cardiff bag huge win 0
- Will Johnson: We Weren't all Quite at the Races
- Owners Legal Issues Have Caught Up to Queretaro
- Juventus Prove They Know how to Win Despite Weak Performance Against Fiore
- Liverpool is Ready to Spend $100 Million in Summer Transfers
- Dallas Manage 3-2 Win in Season Opener Against Impact
- Dynamo Shut Out the Revs as Bruin Scores a Pair
- Argentine Melodies Illuminate Rainy Night in Portland
- LA Galaxy Gift Real Salt Lake Three Points in Season Opener
- Berhalter Gets First Win as Columbus Downs D.C. United 3-0
- Colorado Rapids - 3 Hopes and One Fear