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Loans with options to buy


Vespa Red

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46 minutes ago, cheese said:

Definitely like that, once you exercise the option to purchase (marry) you suddenly aren't getting what you were getting before.

As we found out with Tomlin...a dirty little minx on loan, turned into a frump and we couldn't score...

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21 minutes ago, 38MC said:

Yes - by him refusing to join us. 

The easiest way to consider this is we already have had a bid of £1.3million accepted and it will remain accepted until the option runs out (that date will be pre-agreed but we won't know it). 

We can at any point discuss contracts with the player because we have had a bid accepted. If we agree personal terms with player before the option runs out, we just complete paperwork, pay the money as agreed and he's transferred to us. Nothing West Brom can do to stop it because the £700k we have paid is not solely for him to join us on loan, some value will have been an inducement for West Brom to agree an option to buy clause. Without that the loan fee may have been £500k for instance. 

Someone else could come in and offer £10m for him, and have a bid accepted. Nothing we can do about that and the player is free to sign for us (for £1.3m as that has been accepted) or sign for another club for £10m. West Brom cannot block his move to us in that example - except maybe paying us a premium to pull out of the transfer.  

Spot on.

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