| Chelsea……. 11:22 - Jun 29 with 3483 views | itfc_jg |
Will have 25% sell on and first refusal on a future sale
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| Chelsea……. on 12:24 - Jun 29 with 3129 views | Zx1988 |
How do matching rights work?
Say Club A has a £20m bid accepted for a player, and Club B exercises their right to match. Can Club A then offer, say, £21m with Club B then having to match it? Or is the 'match price' fixed at the point at which a bid is accepted? | |
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| Chelsea……. on 12:27 - Jun 29 with 3102 views | wkj |
| Chelsea……. on 12:24 - Jun 29 by Zx1988 |
How do matching rights work?
Say Club A has a £20m bid accepted for a player, and Club B exercises their right to match. Can Club A then offer, say, £21m with Club B then having to match it? Or is the 'match price' fixed at the point at which a bid is accepted? |
Not quite. We have to inform Chelsea of any bids we receive for Omari, and then they have the right to match the bid. If a bidding war occurs then Chelsea would have to know and respond before Ipswich accept the bid. [Post edited 29 Jun 2024 12:31]
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| Chelsea……. on 12:30 - Jun 29 with 3069 views | Zx1988 |
| Chelsea……. on 12:27 - Jun 29 by wkj |
Not quite. We have to inform Chelsea of any bids we receive for Omari, and then they have the right to match the bid. If a bidding war occurs then Chelsea would have to know and respond before Ipswich accept the bid. [Post edited 29 Jun 2024 12:31]
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So if there was to be a bidding war, the clause would be fairly benign whereas if, for some reason, it was Chelsea vs. A N Other, they could end up getting him back for a song? | |
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| Chelsea……. on 12:32 - Jun 29 with 3016 views | wkj |
| Chelsea……. on 12:30 - Jun 29 by Zx1988 |
So if there was to be a bidding war, the clause would be fairly benign whereas if, for some reason, it was Chelsea vs. A N Other, they could end up getting him back for a song? |
I was mistaken on having to cancel the bid for the other team if Chelsea want to match the bid.
In short, its a mirror of a buyback clause - Chelsea get to match other offers if they choose to. | |
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| Chelsea……. on 12:36 - Jun 29 with 2939 views | JakeITFC |
Chelsea basically can have him at 75% of the market rate then - although I assume that Omari wouldn’t be desperate to head back there until they sort themselves out. Does mean that any sale for us is going to have to be well north of £50m you’d feel for it to make much sense (assuming he smashes it). |  | | |
| Chelsea……. on 12:38 - Jun 29 with 2911 views | Guthrum |
| Chelsea……. on 12:36 - Jun 29 by JakeITFC |
Chelsea basically can have him at 75% of the market rate then - although I assume that Omari wouldn’t be desperate to head back there until they sort themselves out. Does mean that any sale for us is going to have to be well north of £50m you’d feel for it to make much sense (assuming he smashes it). |
They can bid for him at an effective 25% discount. But neither we nor the player would have to accept, if it only matched what someone else was offering (or personal terms not so good). |  |
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| Chelsea……. on 12:40 - Jun 29 with 2878 views | JakeITFC |
| Chelsea……. on 12:38 - Jun 29 by Guthrum |
They can bid for him at an effective 25% discount. But neither we nor the player would have to accept, if it only matched what someone else was offering (or personal terms not so good). |
Yeah I think the first refusal only has teeth at a level at which we are accepting a bid from the third party, so it is a 25% discount to any price that we deem acceptable (which in theory may push fish price up itself). | | | |
| Chelsea……. on 17:39 - Jun 29 with 2238 views | HighgateBlue |
| Chelsea……. on 12:38 - Jun 29 by Guthrum |
They can bid for him at an effective 25% discount. But neither we nor the player would have to accept, if it only matched what someone else was offering (or personal terms not so good). |
Are you expecting the sell-on to be 25% of the total sale price rather than 25% of any profit then?
They would only get an effective 25% discount if the sell-on fee is 25% of the total sale price. |  | | |
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| Chelsea……. on 17:43 - Jun 29 with 2209 views | Dennyx4 |
| Chelsea……. on 17:39 - Jun 29 by HighgateBlue |
Are you expecting the sell-on to be 25% of the total sale price rather than 25% of any profit then?
They would only get an effective 25% discount if the sell-on fee is 25% of the total sale price. |
Usually only 25% of the profit made, so not quite a 25% discount.
But in all honesty, with the clause in the deal, we would have to give that part of the money to Chelsea, if we did sell to somebody else, so doesn’t really impact us any differently. |  | | |
| Chelsea……. on 17:45 - Jun 29 with 2191 views | Cheltenham_Blue |
Think you're all reading a bit too much into this one. This time yesterday he was saying Chelsea had a 50% sell on.
Also, I'd be stunned if MA had agreed to a deal anything like this. |  |
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| Chelsea……. on 18:35 - Jun 29 with 1989 views | USA |
Gets even more interesting when you think about if we do what Villa are doing and overinflated a price and someone offers an over inflated price for Omari. Beat Chelsea at their own game hopefully | |
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| Chelsea……. on 18:39 - Jun 29 with 1960 views | J2BLUE |
First refusal seems completely meaningless. |  |
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| Chelsea……. (n/t) on 18:48 - Jun 29 with 1867 views | NthYorkshireBlue |
[Post edited 2 Jul 2024 12:09]
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| Chelsea……. on 19:14 - Jun 29 with 1747 views | Bucklebury_blue |
| Chelsea……. on 12:24 - Jun 29 by Zx1988 |
How do matching rights work?
Say Club A has a £20m bid accepted for a player, and Club B exercises their right to match. Can Club A then offer, say, £21m with Club B then having to match it? Or is the 'match price' fixed at the point at which a bid is accepted? |
I can’t believe you lot are selling Omari already😂😂 | | | |
| Chelsea……. on 19:59 - Jun 29 with 1586 views | wkj |
| Chelsea……. (n/t) on 18:48 - Jun 29 by NthYorkshireBlue |
[Post edited 2 Jul 2024 12:09]
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The OP or the twitter profile?
The Twitter account is a BBC journo who was reporting the deal being agreed about the same time as the Italian Guru last night. | |
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