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Having first refusal on buying a player back - how does it work?
Might sound like a simple question I know. Suppose Club A sells a player to Club B with a clause in the sale agreement they have first refusal to buy the player back if he leaves Club B.
What is the process if it happens? Club B decide to sell the player and Club A get first refusal. Club A wants the player back. At the same time it is known Club C also want the player and would pay a lot more to get him.
What rights would club A have here? Can they insist the player joins them (difficult if the player doesn't want to) and is a fee already set in stone in the original sale agreement? Does Club B have any rights who to sell him too? I've always wondered if these "first refusal" clauses are actually worth anything in reality? What does first refusal really mean?
What is the process if it happens? Club B decide to sell the player and Club A get first refusal. Club A wants the player back. At the same time it is known Club C also want the player and would pay a lot more to get him.
What rights would club A have here? Can they insist the player joins them (difficult if the player doesn't want to) and is a fee already set in stone in the original sale agreement? Does Club B have any rights who to sell him too? I've always wondered if these "first refusal" clauses are actually worth anything in reality? What does first refusal really mean?
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However what is more useful, is a sell on clause - its far more advantageous to sell a player back to where they came from then.
Of course if the player refuses there's nothing either club can do about it