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The player, who is expected to sign his new contract shortly at Upton Park shortly, has already seen his agents negotiate an uplift in his wages from a reported £80,000 a week to just short of £100,000 , but a much bigger pay day is in the offing.
The player still has just over three years left on a contract he signed just over two years ago and as he did not ask for a transfer is entitled to be paid up in full – if the figure of £80,000 is correct, and there is no cancellation clause, then that amounts to an eye- watering £12.4 million. It is not what the player is demanding, but it could be what he is legally entitled too.
In addition, his agents will ensure that he receives a portion of the £15 million transfer fee. In practice this means at least 10 per cent and although it is usually paid as a signing on fee by the buying club, it can be given as a loyalty bonus by the seller. The two figures, if paid, would mean that virtually all the transfer funds Liverpool receive would be paid to the player, though they would, of course, save a similar amount on his wages.
However, paying the full amount is highly unusual, otherwise the seller could simply keep the player in the reserves and be no worse off.
Generally, the selling club and player come to agreement over the amount of money that will be paid to the player to cancel the contract – usually around a third of the sum due, which in Carroll’s case would be around £4.5m – but in the case of Carroll the club are entering new territory; it is virtually unheard of for a club to ditch a marque signing with such a long period outstanding on his contract.