Perhaps we are waiting for a day or two before the 26 to make another formal enquiry into his availability. …
Certainly doesnt seem anything material has happened yet for Newcastle’s owners to change their stance.
Perhaps we are waiting for a day or two before the 26 to make another formal enquiry into his availability. …
Certainly doesnt seem anything material has happened yet for Newcastle’s owners to change their stance.
The issue with him buying out is contract for around 21m pounds is that he almost certainly doesn’t have this money to hand. If we agree to pay to him/loan it etc then we likely become liable for causing the end of the contract and for any compensation owed to SandCastle. The sun of this compensation that a tribunal may assess is incredibly unclear but it would seem quite plausible they couls use our 110m bid as a starting point.
Thus we could see a situation where we pay 21m (indirectly) to Sandcastle for his contract plus another 110-130m to them directly in compensation. There is also the question whether, while this is resolved, Sandcastle could prevent him playing for us. We could easily end up in a situation where he’d cost us 150m quid; we wouldn’t get to play him until January; and we’d have no control over the final fee. Sure there are risks on the upside too but I can see why the club may prefer to negotiate a fee with SandCastle.
I can’t see what benefit there is in them keeping him now and I don’t see anyone else ready to give them £100m+ to resolve the situation.
They can’t keep him and just dump him in the reserves indefinitely (players have protections from that kind of thing) but clearly he has no interest in playing for them again either.
So unless they sell him they’ve got a £100m asset refusing to play, kicking up a stink and depreciating in value. Maybe their owners are comfortable eating the cost to save face but that approach doesn’t actually help the club at all.
From our perspective we either have to be confident we can get Newcastle to change their tune or that we can move on to an alternative pretty quickly should they dig their heels in. I’d feel pretty bad for Isak if we do that but we can’t be the one left without a dance partner once the music stops.
They can go ahead and sue if they have the case. That means what they are doing to Wissa is not tapping up either
If only there was a large commercial bank that we could put him in touch with…
No, this was the main crux of the Diarra case. They couldn’t stop him from registering for us.
Excellent. Then it starts to look like a more viable option. But of a Pandora’s box though..
*bit
Autocorrect has turned me into a kiwi
So, from next Tuesday 26th August, can he on that day buy himself out of his contract if he has the money?
He can unilaterally terminate. Most likely he’d accompany such notice with an indemnity to cover such personal liability as he owes, the amount subject to arbitration in the absence of agreement; backed by a commercial bank with proof of funds.
I’m sure he can arrange the money.
Neymar purchased himself out of contract with Barca if memory serves. He paid the release clause with his own money. The money probably was given to him back by PSG.
That was slightly different. He paid the mandatory release clause under Spanish law. It wasn’t an Article 17 termination.
I hope it doesn’t come to Isak terminating the contract himself. It would set a dangerous precedent for all the clubs.
Why are we talking about £21m as the amount?
This article covers what the buy out might be, and some of the complications around it - i.e. time - hence 2 final years wages rather than 3. When it can be invoked etc.
Article 17 can only be invoked within 15 days of the final match of the season
FIFA’s rules say the compensation would be calculated based on the “damage suffered” by Newcastle according to the “positive interest” principle, taking into account the “individual facts and circumstances of each case.” In practical terms, that’s a fancy way of saying that the Dispute Resolution Chamber of FIFA’s Football Tribunal would take into account a combination of factors, such as the wages Isak would have earned in his final two seasons (around £12.5m), his residual value on Newcastle’s books (around £20m) and the cost of signing his replacement (finger in the wind).
So it would take time and a lot more than £21m. However it’s more being used as a route Newcastle wouldn’t want to end up going down rather than a reality of what could happen. I.e. if you don’t sell now, this is the position you will be in come next summer.
So if he has a way out Newcastle can’t keep him,in the reserves or elsewhere. They must realise this.
I wouldn’t be surprised if the chain of events is:
Liverpool restate a willingness to pay £110m (basically make our previous offer again)
Newcastle reject
Isak unilaterally terminates
Newcastle seek an injunction (this to basically try and delay matters and improve their bargaining position)
Liverpool seek to register Isak
Newcastle seek damages from Isak, Liverpool, our fans, mighty red, Isak’s agents, and IndyKaila.
Tony Evans tweets some nonsense about Newcastle seeking independence and wanting to pie all Scousers.
Ekitike goes on to have the greatest season in the PL by a number 9, whilst Isak watches on from the bench.
https://x.com/FabrizioRomano/status/1957934958678585473
BREAKING: Newcastle statement in response to Alexander Isak.
We are disappointed to have been alerted to a social media post by Alexander Isak this evening.
We are clear in response that Alex remains under contract and that no commitment has ever been made by a club official that Alex can leave Newcastle United this summer.
*We want to keep our best players, but we also understand players have their own wishes and we listen to their views. As explained to Alex and his representatives, we must always take into consideration the best interests of Newcastle United, the team and our supporters in all decisions and we have been clear that the conditions of a sale this summer have not transpired. *
We do not foresee those conditions being met.
This is a proud football club with proud traditions and we strive to retain our family feel. Alex remains part of our family and will be welcomed back when he is ready to rejoin his teammates”.
Been saying this over and over. LFC should have moved on from this shit-show already. Move on to other available options if we are really looking at adding another CF.
That’s no longer the case.
I think this is where this ends up. A sale is agreed with Newcastle for around £120m with achievable add ons to take the deal to about £130-135m. But the will also be much less achievable add ons that would take the fee to £150m.
Liverpool will end paying the £130ish that they always thought they would. Newcastle will brief their hacks that it’s a deal worth £150m, saving face and winning the PR war that has always kind of been their priority.