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.
Dec 4, 2013, 2:50 PM EST
Third place City hope to cure the road woes when they visit The Hawthorns.
Dec 4, 2013, 2:45 PM EST
Former Manchester United assistant Rene Meulensteen will make his managerial debut with Fulham at home against a Spurs squad coming off an energizing draw with Meulensteen’s old club.
Dec 4, 2013, 2:40 PM EST
Two teams drifting in opposition directions meet at the Liberty Stadium, with Newcastle hoping to crack the Premier League’s top four.
Dec 4, 2013, 2:35 PM EST
Can Peter Crouch add to his lone Premier League goal this season for Mark Hughes in front of the home fans?
Dec 4, 2013, 2:30 PM EST
Can the Black Cats beat the Blues at the Stadium of Light? Watch live, right here:
Dec 4, 2013, 2:25 PM EST
Saints seek to get themselves back on track with a victory over a Villa side that’s quite good on the road.
Dec 4, 2013, 2:20 PM EST
Will Norwich manage any surprises against Liverpool?
Dec 4, 2013, 2:16 PM EST
The Gunners are aiming to extend their lead at the top… but an upset could be brewing at the Emirates. Watch live, right here:
Dec 4, 2013, 2:10 PM EST
David Moyes faces former club Everton for the first time since leaving for Manchester United.
Dec 4, 2013, 1:58 PM EST
Who’s heading where, at least for today? Time for a proper transfer rumor roundup.
Dec 4, 2013, 1:00 PM EST
Valeri and Ricketts recipients of MLS awards.
Dec 4, 2013, 12:10 PM EST
Superstar builds museum in first of several planned moves to raise profile of his home region.
Dec 4, 2013, 11:21 AM EST
Rossi + Zidane + family = a golden World Cup ad.
Dec 4, 2013, 10:50 AM EST
What’s the best the USA can hope for Friday’s World Cup draw? Oh, a little bit of this, a little bit of that.
Dec 4, 2013, 10:03 AM EST
MLS Super Draft fans and supporters of the NCAA college game laid their eyes Tuesday on the 30 final names vying for the 2013 MAC Hermann Award as the nation’s top male and female players. It’s a prestigious award that’s gone to names like Reyna, Friedel and Lalas as well as Nagbe, Hamm and Sinclair.…
Dec 4, 2013, 9:38 AM EST
Rodney Marsh not exactly showering praise on current Fulham stars.
Dec 4, 2013, 8:48 AM EST
Oh, mid-week League play, how you move us…
Dec 4, 2013, 7:39 AM EST
After the Belgian striker suggested he could stay at Everton permanently, his Chelsea boss reminds all who makes the decisions. Meanwhile, Spanish reports suggest Tata Martino is watching.
Dec 3, 2013, 11:58 PM EST
Hint: NBC analyst Kyle Martino doesn’t believe the case for chance is compelling enough:
Dec 3, 2013, 11:05 PM EST
Playoffs or no playoffs, the goal should be the same. And in that light, MLS has done fine in 2013.
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- Debunking the myth of Real Salt Lake, Sporting Kansas City as bitter rivals 2
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- Video of Jermaine Jones’ terrific goal Saturday for Schalke (16)
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