He's on £90k per week. £4.68m pa
Book value £3.25m and his contract expires next summer.
If we keep him on the books, he can leave on a Bosman, meantime hell cost us £4.68m (plus any bonuses).
Terminate his contract - pay him 30-50% of what he's due?
Means he can find a new club
1. No transfer fee => signing on fee.
2. With our cash in his back pocket he can take a lower wage than he's on from us and still be better off.
He's off our books.
One less thing to worry about.
OK we'll take a PSR hit, but we'll take that in the next 12 months anyway.