Chelsea sights on Luka Modric as Avram Grant plans summer spree
Chelsea are planning a renewed effort to sign Luka Modric, the Croatia
midfield player, in the summer as the centrepiece of Avram Grant’s attempt
to reshape the squad. It is understood that Chelsea made a late bid to sign
Modric during the final days of the transfer window last month, but were
deterred by Dynamo Zagreb’s asking price of £20 million.
Chelsea value Modric at less than half that and are confident of completing
his signing at the second attempt because his value will diminish
drastically in 12 months’ time because of the so-called Webster ruling,
which enables players under the age of 28 to buy their way out of the
remainder of their contracts when they enter their fourth year.
Modric took the extraordinary step of signing a ten-year contract at Zagreb in
December 2005, which has inflated his value to enable the club to keep hold
of him in the short term but not much longer. Under the terms of Fifa
article 17, first exploited by Andy Webster, the Rangers defender, Modric
will be able to buy himself out of his contract for as little as £1.5
million during next January’s transfer window, giving Zagreb little option
but to cash in or risk losing as much as £10 million this summer.
Modric’s situation is further complicated by his relationship with Zdravko
Mamic, the Zagreb executive vice-president who also acts as his agent. Mamic
held talks with several Barclays Premier League clubs in London last month
about a transfer, including Tottenham Hotspur, Manchester City and Newcastle
United, before announcing, strangely, that Modric was not for sale.
Modric is aware of his increased
options postWebster and has been increasingly vocal in recent weeks, saying
that he plans to leave Croatia in the summer and giving Zagreb little option
but to cash in at the end of the season.
http://www.timesonline.co.uk/tol/sport/football/premier_league/chelsea/article3337950.ece