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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.
Parachute Payments reduce the need for Premier League clubs, either collectively or individually, to insert relegation clauses into player contracts that would lead to an automatic salary decrease in the event of relegation. Relegation clauses might mean players fight harder to avoid relegation, but might also make it more difficult for clubs ...
After playing every minute of 43 league appearances in the 2019–20 season and missing only three matches due to suspension, Lockyer triggered a relegation release clause in his contract in August 2020, allowing him to join another club for free.
Livingston midfielder Jason Holt will leave the West Lothian club at the end of this season due to a relegation clause in his contract. The 31-year-old joined Livingston from Rangers in 2020, and ...
Promotion and relegation is used in international sports leagues such as in Europe, and many other parts of the world.It may be used in international sports tournaments. In tennis, the Davis Cup and Billie Jean King Cup have promotion and relegation, with a 'World Group' (split into two divisions in the Billie Jean King Cup) at the top and series of regional groups at a lower leve
Following relegation in the 2023–24 season, local media reported that Johansson had a £1 million relegation release clause in his contract. [16] As a thank you to the Rotherham United fans, Johansson paid for 600 free pints of beer prior to the club's last game of the season against Cardiff City. [16]
Her contract with AIK contained a relegation release clause. [3] When AIK were relegated, Åberg signed a one-year contract with Damallsvenskan newcomers Sunnanå SK. [4] Åberg played with Sunnanå SK during the 2013 and 2014 seasons and made a total of 37 league appearances. [5] For the 2015 season, Åberg joined Djurgårdens IF. [6]
Kristof Snelders is a Belgian professional retired football ... Snelders was signed by Cercle Brugge due to a relegation release clause in his contract with his ...