What is a release clause, and who does it benefit?
With lots of talk in the press & media today regarding QPR and Harry's signings - it is reported that we need not worry (i assume regarding QPR going bankrupt) because players have a "release clause".
Ok assuming reports are true, and say Samba signed for £12m fee and will receive £100,000 a week, what sort of "release clause" would be written into his contract?
Would it benefit QPR, or would it benefit the player?
Ok assuming reports are true, and say Samba signed for £12m fee and will receive £100,000 a week, what sort of "release clause" would be written into his contract?
Would it benefit QPR, or would it benefit the player?
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It allows a relegation threatened club to sign a player of a higher standard than they would otherwise attract in order to help keep them up.
It allows the player to leave fairly quickly should the team go down, so he signs for a club he otherwise may not go to.
In the case of Samba it will be less than they have paid for him - thus benefitting him - but will help get him off the wage bill if they are relegated - benefitting the club.
It means that if QPR do go down and Samba feels he should be playing in the PL he has an easy(er) way out.
They're also an easy way for agents to make another chunk of money!
But the player is on a £100k a week deal, say over 3 years - thats a £15m contract.
Who would pay Samba even close to that figure in the summer, when there is no urgency to pay over the odds?
Wouldnt you have to pay the player off (like Joe Cole)?
I can't remember which team it was but there was one relegated team recently pointed out as a model of foolishness for not including these wage reductions as standard.
Edit - ignore me I've done some very stupid maths!
Yeh - I just realised that in the other thread!
The clauses vary, some of those at QPR are rumoured to allow players to just walk away in May (Remy) and others at a quarter of cost.
Other players will have relegation release clauses that see's them take a drop in wages
Birmingham didn't have any clauses which is why they're stuck with Zigic on £50k a week.
I doubt Samba would join a club in the relegation zone and have a relegation wage decrease. He is obviously only in it for the money.