Venky's delay Jones sale to seek larger fee

 

Ian Herbert
Saturday 11 June 2011 00:00 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Manchester United's attempts to sign Blackburn Rovers' defender Phil Jones have been held up the concerns of the selling club's Indian owners that he is being sold too cheaply.

United thought they had agreed a £16.5m fee with Rovers though Venky's believe that the £16m release clause in the 19-year-old's contract enabled clubs willing to lay out that sum to enter into negotiations. They value him at nearer £25m.

Despite Jones having passed a medical and agreed terms with United, whose £15m acquisition of Aston Villa's Ashley Young is complete, Venky's want to negotiate. Attempts were being made by the Indians' football advisers last night to spell out that the release clause means Rovers cannot reject an offer of that level.

Bebe, the virtually unknown Portuguese who signed for £7.4m last summer, has been sent out to Besiktas of Turkey on a 12-month loan. The 20-year-old leaves with a £2m option for the Turks to buy him.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in