Skip to main content

LFP denies existence of €300m Neymar release clause

The French Professional League has confirmed release clauses are not permitted in players’ contracts after rumours circulated about the Brazilian
The French Professional League (LFP) has denied the existence of a release clause in Paris Saint-Germain superstar Neymar’s contract.
The Brazil forward made a high-profile move from Barcelona to the Ligue 1 giants last summer after PSG activated a €222 million release clause in his contract with the Catalan club.
Neymar went onto a sparkling season for PSG, scoring 28 goals and adding 16 assists in all competitions, helping the club reclaim the Ligue 1 crown from Monaco, though his season has been likely cut short by a broken ankle.
However, there has been speculation Neymar’s first season in the French capital would also be his last, with reports in Spain suggesting he had an €300m release clause in his contract, allowing other footballing giants like Real Madrid to swoop in and scoop him up this summer.
But the LFP has now denied that, confirming to L’Equipe the league does not sanction such minimum fee release clauses in its players’ contracts.
“The LFP makes it very clear what Article 202 of its regulation stipulates: ‘Clubs can not conclude a contract containing a release clause providing for the termination of the contractual relationship by one or the other,’”
the league told L’Equipe .
“Therefore, in application of this rule, Neymar's contract cannot contain such a clause. And there is no such clause in the contract of the player approved by the legal commission of the LFP.”
The existence of the clause means there are no release clauses in any Ligue 1 player's contract and while it might be possible to have a tacit agreement between the player and the club for a release clause, it can not be formalised under the league's rules.
Neymar is questionable to return for the end of PSG’s season as he continues to recover from his injury in Brazil in hopes of being ready for the 2018 World Cup.

Comments

Popular posts from this blog

Yakubu Dogara congratulates wife, Gimbiya, as she is a year older

Speaker of the house, Federal Republic of Nigeria, Rt. Hon. Yakubu Dogara, has congratulated his wife, Gimbiya, as she is a year older and the speaker has taken his time to shower some accolades on her. Dogara said"Happy birthday to Virtuous woman, the rock of my family and the love of my life. Thy sun shall no more go down; neither shall thy moon withdraw itself as you continue to flourish like a palm tree bearing fruits in season and out of season." The wife of Bukola Saraki, Toyin Saraki, also congratulated Dogara's wife on her twitter account. She (Toyin) said"Happy Birthday to my dear sister, Mrs. Gimbiya- blessed to know you, even more blessed by your friendship. May all your years be blessed. Happy Eld too! Amen!

Sad!!!! Corp member falls from moving commercial bus in Lagos.

At about 9:45pm on 15/04/19 a  corp member fell from a moving commercial bus (danfo) along LASU-ISHERI road Lagos.  He sustained severe head injury and was lying by the road side.  A few  eye witnessed at the scene of the incident assisted in driving him down to a nearby hospital at (Alimosho General hospital, Igando) where he was given first aid treatment. He was thereafter referred to LASUTH for further medical management that same night due to the nature of the injury he sustained. However, no one  has been unable to contact the relatives or friends. Mobile phone on him  can't be accessed (passworded) and has no means of identification on him.   We hope the young man recovers fast from the severe head injury sustained during the ugly incident. Anyone with useful information about the victim should please contact the relatives or the  Lagos State NYSC secretariat or call 09092377729.

Job alert: Vacancy For A Senior Registrar At Careclick Technologies.

Careclick continues to pioneer and provide a whole range of Telehealth equipment and technologies that provide consultation and support our subscribers all through their entire patient experience including applications, devices, carts, kiosks and other specialized innovative medical devices.  We are recruiting to fill the position below:  Job Title : Senior Registrar  Location : Lagos preferred but not subject to location.  Job type : Contract  Job Descriptions   • A Digital Healthcare company is looking for Senior Registrars in any specialty in Medicine from an accredited health institution.  • Basically, the job will be to offer clinical, diagnostic and therapeutic advice and consultations through our Online Medical Platform for non-emergency health conditions in line with their specialty of residency.  Requirements   • Part 1 Fellowship is required.  • Must be highly skilled, must have compl...