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A buyout clause or release clause refers to a clause in a contract that imposes an obligation on another organisation wishing to acquire the services of the employee under contract to pay the (usually substantial) fee of the clause to the organisation which issued the contract and currently employs the employee.
United quickly agreed a deal to pay Amorim’s €10m (£8.3m) release clause soon after sacking Erik ten Hag, but the move was delayed by talks over Amorim’s 30-day notice period with the ...
The Premier League splits the UK broadcasting income into 3 categories. 50 per cent equally shared between Premier League clubs; 25 per cent shared based on how often a club’s matches are broadcast in the UK (known as "Facility Fees"); and 25 per cent shared based on where a club finish in the league table (known as "Merit Payments").
Free transfers are common in all strata of football. From leagues where money is less commonly available for clubs to spend on transfer fees, and also for players to leave wealthy clubs on a free transfer if the club cannot offer first team football, especially when departing for clubs in lower leagues.
Lamine Yamal, 16, signs new deal at Barcelona with $1.05B buyout clause. George Ramsay, CNN. ... who is currently on loan in the Premier League with Brighton & Hove Albion. ...
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On 8 July 2021, Olise signed a five-year deal with Premier League side Crystal Palace after they had activated his £8.37 million release clause. [15] On 11 September 2021, he made his Premier League debut for the club in a 3–0 home win against Tottenham after coming on as a substitute in the 86th minute in place of Jordan Ayew.
On 20 January 2022, O'Riley joined Scottish Premiership club Celtic on a four-and-a-half-year deal for a reported £1,500,000 fee after the club met his release clause. [ 11 ] [ 12 ] He made his debut on 26 January 2022, starting in a 2–1 away win over Hearts . [ 13 ]