£3m For Pennant?

  • Post author:
  • Post category:News

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 £3m. The story says we’ll receive £500,000 initially, with the remaining £2.5m depending on the usual performance and appearance incentives.

Two things: Firstly, £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 £3m for someone when you could get him for free in the summer?


Arsenal since about 1979. Thick, thin and all that.

This Post Has 29 Comments

  1. gilbertosilver

    Nice to see EastLower up and running again.

    As regards the £3m, I think it’s got something to do with the fact that Pennant is young enough that a fee is still required. Like a compensation-type thing.

  2. vivb

    It is only £500,000 up front with the rest on success and appearances. I guess Birmingham want to be sure no one else steps in with more wages for him in the summer if he has a good run towards the end of the season.

  3. oliverchaddock

    Very strange indeed. Perhaps Birmingham want to sign him up before he’s available for free, since that might attract a lot of other clubs who would be willing to offer higher wages? But even then, 3 million seems a bit over the top.

    I won’t complain though. that’s 3 million more to put towards signing King to be our new defensive midfielder (see last blog entry) :-p

  4. OPArsenal

    I saw this on SKY last night…

    Maybe they like heavy drinkers that wreck teammates automobiles…

  5. Andy

    Ssssh, East Lower, sssshh. Once Birmingham’s mad 3m is in the bank, *then* we can talk about it… I’m sure Steve Bruce knows what he’s doing… [cough]

  6. 13

    Maybe they have to pay because Pennant is developed by Arsenal Academy and thus we are entitle to some compensation??

  7. Liam's shinpad

    Nice bit of loose change for a player who has burnt all his bridges at Highbury. Good luck to him though.

  8. Farnborough Gunner

    Arsenal are entitled to a fee because of Pennant’s age. The Bosman “freebie” ruling only applies to players aged 24 or over.

    I am confused about transfer negotiations outside the transfer window. Are they just setting up a deal that will be activated in the summer, or can they do the deal now because the player is already on loan and they are just making this arrangment permanent?

Comments are closed.