Yep not good. But we still retain an interest if he gets sold on, later. The release of a player does not negate the sell-on clause. If the released player is then sold to another club, the original club will still receive the agreed-upon percentage of the transfer fee.
Eh? The sell on clause is between us and Everton. We get a % of the money they receive. If they don’t receive any more money (which they won’t because they released him) we don’t get anything else. It’s not something attached to the player.
I get that . I didn’t think it meant that mate (not how i read that statement anyway) . I see it as if he signs for another club even for free. Then they sell him at a future date we get a Percentage. ?.
I get that. I'm not sure, but I think the original club retain an interest in future transfers. ?. If a fee is involved. , a sell-on clause typically passes on to future clubs. This means that the original selling club retains a percentage of any future transfer fee if the player is sold by the current club to another club. The clause is designed to allow the original club to share in the financial gains from a player's future success. I know he'll not be sold by Everton. But we may still retain an interest. If a fee is involved in the future ?. Not sure but how I read it.
No. Sell-ons are usually based on profit. So it’s - for example - 20% of whatever profit Everton make when selling him on. As that’s not the case, that transaction is now dead. There have been deals made where it’s not just a percentage of the profit of the next transfer, but of subsequent transfers too, if a profit is again made. But as I say, if he’s been released, that’s irrelevant. Complicated stuff though. I remember us getting something for Kayden Jackson one year. And I don’t think he ever played for us.
Only 28 Andy. Should be at his peak. I reckon championship or even a lucrative move abroad may tempt him. ?
Was on 80k a week, ive done the thought process myself and came to the conclusion even if he loves Barnsley and supports us its still way too much of a pay cut to think it would be possible... surely?
A sell on clause is between the club selling and the club buying. Everton no longer have any sort of contract with him so how could that clause continue on?
Isn’t that the case with John Stones, we were to get a percentage of any profit Everton receive from City from their sell-on agreement?
If Everton have a sell on clause, and City make a profit on the sale of Stones then Everton will get their share of that. That money will then be profit made by Everton on the Stones sale, so we'd be due more money as a percentage of that. If the contract is drafted like that of course. It could be restricted to the initial sale.
Once a player has been released, regardless of any contract wording, he is out of contract. At that point contractual obligations fall away.
Perfect fit for Luton, he was a decent prospect earned his move and at times struggled to nail down a spot, whether for Everton or WBA think he may have been at the Blunts too.