Madrid Universal
·22 July 2024
Premier League club close the doors on defender’s exit amid Real Madrid interest
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Yahoo sportsMadrid Universal
·22 July 2024
Back in March, news surfaced that Real Madrid and Manchester United were both interested in signing Everton defender Jarrad Branthwaite.
The competition for his signature was fierce, but United eventually shifted their attention to another target, Leny Yoro, leaving Real Madrid without a new defender.
Despite their interest, Everton’s high valuation of Branthwaite at €80 million made both clubs reconsider their pursuit.
According to a report from The Athletic, Everton’s stance on Branthwaite has now solidified. They are not entertaining any offers for the defender.
Real Madrid, in reality, never made an official bid. They were merely observing from a distance as Everton turned down two substantial offers from Manchester United.
The highest of these offers was close to €60 million, including both fixed and variable components, yet it still fell short of Everton’s expectations.
Everton’s valuation of Branthwaite is influenced by recent high-profile transfers of defenders like Harry Maguire, Wesley Fofana, and Josko Gvardiol.
Jarrad Branthwaite will not leave Everton this summer. (Photo by Naomi Baker/Getty Images)
These deals have set a precedent, making Everton firm in their demand of £65-70 million, equivalent to over €82 million, for Branthwaite. Despite his high valuation, Everton is adamant about retaining him, considering him a crucial part of their future plans.
Complicating matters, Everton are facing significant financial difficulties. The club has been in a precarious financial position, confirmed by recent reports.
The Friedkin Group, owners of Roma and potential new buyers for Everton, have halted negotiations with the club’s current owner, Farhad Moshiri.
They have accumulated over €600 million in debt, and the uncertainty surrounding its management has only worsened the situation.
In light of these financial troubles, selling Branthwaite for a substantial amount could have provided a much-needed financial boost for Everton. However, the club is reluctant to part with one of their most promising young talents.
They view Branthwaite as a vital component of their long-term strategy and are unwilling to sell him at a discount, even in their current economic state.
At Goodison Park, the decision to keep Branthwaite despite lucrative offers is a clear statement of their commitment to building a strong future. The young defender is seen as a key asset, and Everton’s refusal to sell him underscores their belief in his potential.
The club’s financial struggles continue to pose challenges, but they are determined to navigate these difficulties without compromising their long-term vision.