Georginio Rutter's release clause exit details revealed as Leeds United's late bid expected to be in vain — YEP 15/8/24
By Joe Donnohue
Leeds United are willing to offer improved terms in a late
bid to retain Georginio Rutter after a £40 million release clause in his
contract was activated by Premier League side Brighton and Hove Albion - but
the Whites acknowledge it is still likely he will join the Seagulls.
Leeds find themselves in a desperate position with two weeks
of the summer transfer window remaining, set to lose 22-year-old attacker
Georginio following the triggering of a relegation release clause.
Elland Road sources confirmed to the YEP Rutter's clause
expired on the evening of Wednesday, August 14, however Brighton, clearly with
knowledge of the deadline, elected to meet the required exit sum earlier that
day.
How Brighton came to know of Rutter's clause is unconfirmed
but in footballing and intermediary circles, the existence of such contractual
info is often shared in order to streamline and inform transfer activity. There
is no suggestion, however, Leeds themselves alerted interested parties of the
sum required.
Club chiefs were locked in talks at Elland Road late last
night, while Georginio is claimed to have been 'in tears' before leaving Leeds'
home ground for what could be the final time as a Whites player. The Whites'
negotiating position with the player is weak given they are unable to offer any
guarantee of Premier League football, but are willing to compete with Brighton
on whatever package the Seagulls table.
United are nevertheless holding out faint hope that a deal
can be struck with the player that persuades him to stay for a second season in
the Championship, although it appears increasingly likely his destination will
be the south coast with Premier League football too great an opportunity to
turn down. Additionally, Leeds are yet to replace last season's Championship
Player of the Year Crysencio Summerville, or £40 million midfield prodigy
Archie Gray, and remain insistent that reinforcements will arrive before the
window's August 30 deadline.
An explanation put to the YEP by an Elland Road source as to
the reason for the peculiar timing of Rutter's release clause expiry is that
when negotiating the player's signing, Leeds wanted to allow themselves
adequate time to find a replacement, rather than letting the clause run until
the transfer deadline and potentially being left high and dry if it were
triggered at a later stage of the window.
While the practice of inserting release clauses as a
negotiating tool when signing high-value players is common among lower-end
Premier League sides, it does not explain why messaging from the club's
hierarchy suggested they were able to dictate terms on transfers following the
departure of Gray, widely understood to have been made due to Profitability and
Sustainability concerns.
The club rejected Brighton's previous offers for Georginio
this summer, worth £29 million and £35 million, after the young forward
registered six goals and 16 assists in the Championship last season. The YEP
understands talks were held a number of weeks ago following Brighton's second
official approach, which it is now clear, came within £5 million of triggering
the then-active release clause.
It is also claimed any other release clauses in remaining
players' contracts which were still active yesterday, and until now disputed to
have existed, are expired.
At the beginning of the summer, Leeds struck a deal with Red
Bull to become principal shirt sponsor and a 'significant' minority shareholder
in the club, dubbed one of the most lucrative in the history of the EFL. It was
suggested by chairman Paraag Marathe in an interview with The Athletic that the
existence of such a deal could be the difference between losing or keeping one
of the Whites' star players. Since then, Leeds have recouped £65 million on
Gray and Summerville and can be expected to receive a further £40 million from
the sale of Rutter, which is likely to be completed promptly.
An Elland Road source has suggested without Leeds' Red Bull
partnership, the club may have been forced to accept Brighton's opening bid,
some £11 million short of the player's release fee.
Supporters have reacted negatively to news of Rutter's
imminent departure, in conjunction with a poor start to the 2024/25 campaign
which has seen the team concede three goals in each of their opening matches,
most recently losing 3-0 to Middlesbrough in the Carabao Cup at Elland Road.
Daniel Farke's first-team squad numbers just 20 players,
which includes three goalkeepers, prior to Georginio's anticipated departure,
while the futures of Willy Gnonto and Max Wober remain uncertain before the
window closes later this month.