20 Nov 2016 13:09:04
Lots of links this weekend.
The 2 Torino players
Xeka of Braga midfielder.
2 Hoffenheim players and the young kids from Charlton 7m turned down.
20 Nov 2016 16:19:49
Xeka I know sweet f a about is he any good?
Belotti. ed002 educated me yesterday and he mentions a really high release clause so don't think that's going to happen.
Now baselli. baselli would be good. Very creative good centre mid who can score a goal plus he's good at dead balls as well
The German two are sule and rude. Tudy is a hArd working centre mid and a current German international.
Sule is a soddING monster 6ft 5 centreback only young and already capped by the Germans.
Also linked with commando ( please get him. brilliant cm ) and strootman.
Get the cheque book ready farhad.
{Ed002's Note - He doesn't have a release clause and if he did it would be on no relevance to Everton. He has a termination clause which is a whole different matter.}
20 Nov 2016 16:40:01
Sorry ed002 I thought they where the samething.
{Ed002's Note - They are not, so let me explain for all. This is a horribly complex area not least because they are written under individual national laws.
The "buy out" clause is legally binding between a club and a player. The "buy out" is effectively what it says - a means for the player to buy himself out of the contract. As an example, if a player wishes to buy himself out of a contract, he pays the applicable FA (on behalf of teh club) the amount of the "buy out" clause effectively becoming a free agent. The problem is that in most cases a player would need to obtain that money from the buying club - and this is fraught with issues regarding "tapping up" and, of course, taxation as it can be seen as income for the player and would therefore be subject to income tax. There was a test case about the taxation issue in Spain about three years ago. So "buy out" clauses are very rare.
A "release clause" is far more common in that it gives a figure that the club would accept for the sale of a player to another club - but it is not legally binding except where both parties are in the same country (for the sake of argument I should say that Spain and Portugal count as the same country as do England and Wales) for legal purposes. These are normally unreasonably high figures (Messi at Barcelona for example) introduced to act as a deterrent for hostile bids - and even then the club could easily block a move. However, if a club does agree to match a release clause then the selling club would be obliged to ask the player if he is interested - there is no obligation on the player to make a move. For interested clubs outside of the country the selling club may use it as a guide but are under obligation to accept a bid.
There is then the becoming popular "termination clause" which is binding between the player and the club and if met would see an offer from anywhere accepted and the player given the opportunity to make a call on a move. This overcomes the issues associated with "buy out" clauses as the money would be paid by one club to another.}
20 Nov 2016 18:26:44
Great piece of insight there Ed. I can imagine some in the press need this education but then I suspect they still wouldn't make accurate reports 🤔.