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Vardy's release clause rises

There are reports today that Vardy's release clause has now gone up to £30m. Not sure why this would be unless there was a time limit on any deal.
However if this is the case, if Vardy decides to go to Arsenal (& they still want him) would they have to pay the new price as they didn't do the deal in time or would they pay the original price as they activated his release clause at the lower amount?
Slightly torn by this as before his 4th goal in the Euros I wouldn't have thought anyone would pay £30m for a 30-year old with the perceived wisdom of him just having one good season (we of course know better). But the better he does over the next few weeks the more likely it will be that someone would pay that. It's a bit like Kante - on the one hand I really want them to do well but on the other hand I want them to be overlooked by other clubs and stay with us.

posted on 17/6/16

Mersey

It would seem logical that the original fee met (presuming accepted if vardy's been in talks with us) would be honoured imo, although this is a footballers contract we're talking about here

comment by BO$$™ (U6401)

posted on 17/6/16

Seeing as Leicester accepted the earlier bid from Arsenal and Vardy is still deciding surely it means the fee will be £20mil.

Noway would Arsenal be paying £30mil for him.

posted on 18/6/16

I don't know, if it's true it would explain why Arsenal seemed so desperate to get him signed before the Euro's.

posted on 18/6/16

According to what I've seen, the £20m release clause had an expiry date of 3rd June. Hence why the bid was lodged just before he boarded the plane for France. As Arsenal activated this clause, this fee is binding even if the clause has now risen or been terminated. For clubs who didn't activate the clause on or before 3rd June, any new clause would now be applicable.

Anyway, I think Vardy has agreed to stay so it's probably all immaterial. The club seems to be confident he will stay now, according to various reports.

posted on 18/6/16

The expiry date on the release clause was originally detailed as being 3rd July. It's unlikely Arsenal would activate it on the day of expiry (or one day before) as it's incredibly difficult to get deals done in such a short space of time from what I read. It also would leave virtually no time for his agent to get offers on the table once the season expired.

Also the increase of £10m is also thought to be nonsense - effectively the clause expires and then it's down to a negotiation between Leicester and Arsenal.

Either way we will never know but this £10m stuff came from pretty bad sources (the usual online journos with their own websites)....

What has come out this morning is Top revealing in an interview with the daily mail that he believes Vardy is staying. The decision has been made and we will know very soon.

That's the best source we have

posted on 18/6/16

Foxello - what you have said makes more sense although I read Arsenal were in a hurry because once they activated the clause - it remains binding until 3rd July. With the euros coming up it potentially may leave little time to get the offer sorted and also allow him time to think about things!

posted on 18/6/16

thought they all ready accepted 20 million just medical and personal terms after euros .

comment by Jobyfox (U4183)

posted on 18/6/16

BS,

If you look at the quotes from Top he actually says that he "thinks" Vardy will stay rather than he "believes" he will stay.

I'm not being pedantic. It's just that these news outlets pick up a quote and then spin the headline for click bait. Like the other day when Mahrez said he'd "decided nothing", which suddenly became a come and get me plea to Arsenal.

We've actually learned very little new since this story actually broke, although I would agree that something from Top is probably the biggest indication we've had so far that the deal with Arsenal is far from done.

posted on 18/6/16

Joby - I was paraphrasing as I was on my iPhone. Top thinks Vardy will stay. I don't think he would be publicly saying that if he wasn't confident - that's an excellent sign and all points to the rumours over the last couple of weeks being correct.

Up until now, like you I've dismissed these rumours on Vardy staying - but this is the biggest indicator we have had so far. Top would of course no the details of his release clause and its duration and the fact he indicates we will know 'very soon' would suggest he has been in contact with Vardys representatives.

All positive news for a change

posted on 18/6/16

I agree BS. I think all indications are pointing to the fact that Vardy will stay.

Sadly all signs are pointing to every club in the world wanting Kante and him going!!!

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