I’m a bit baffled.
I read today that Birmingham City were close to finalising a deal with Arsenal that would see Jermaine Pennant move to the Blues permanently, for a fee of up to Â£3m. The story says we’ll receive Â£500,000 initially, with the remaining Â£2.5m depending on the usual performance and appearance incentives.
Two things: Firstly, Â£3m is quite a lot for someone who has played just a handful of Premier League games, and who has ‘previous’. Second, I thought his contract was up in the summer? If the latter is true, and taking the former into account, who would pay Â£3m for someone when you could get him for free in the summer?