Buyout clause
A buyout clause or release clause refers to, in a contract, a clause that imposes on a football club wishing to acquire a player under contract to pay money, with the substantial bid of the clause money, to the original club to acquire said club's player. The aim of this clause is twofold, firstly it discourages, with its high amount, competing clubs and secondly it raises any hint to the players not to go through with their contractual commitment.
As of November 2017, the five largest buyout clauses are those of Juventus player Cristiano Ronaldo andReal Madrid player Karim Benzema (€1 billion each); Isco and Marco Asensio (€700 million each),[1][2][3][4] and that of FC Barcelona player Lionel Messi (also €700 million).[5]
On 3 August 2017, Paris Saint-Germain activated the buyout clause of Brazilian footballer Neymar from FC Barcelona, which was set at €222 million, making him the most expensive football player in history,[6] ahead of the previous record set by Paul Pogba (€105 million) in 2016.
References
- ^ "Isco pens new Real Madrid deal with huge buyout clause, Marcelo also extends contract". Eurosport. 2017-09-14. Retrieved 2017-09-16.
- ^ "Real Madrid midfielder signs new five-year-deal with outrageous buyout clause". The Sun. 2017-08-11. Retrieved 2017-08-12.
- ^ "The Neymar effect: Real Madrid slap astronomical buyout clauses on stars to avoid Barcelona's fate | Goal.com". Retrieved 2017-09-30.
- ^ "Lionel Messi signs new deal through 2020/21 season | FC Barcelona". FC Barcelona. Retrieved 2017-11-25.
- ^ "Lionel Messi: Barcelona forward signs new deal until 2021". BBC Sport. 2017-11-25. Retrieved 2017-11-25.
- ^ "Neymar Has Signed a Record-Breaking $262 Million Deal With PSG". The Time. 4 August 2017. Retrieved 4 August 2017.
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