Sheffield Wednesday are asking for a £3m loan fee to lend Jordan Rhodes to Norwich City for the forthcoming season report the Sheffield Star.
That staggering figure is apparently what is causing the delay in trying to arrange the loan, coupled with the player’s high wages which are rumoured to be in the region of £40-50k per week.
The story is not clear as to whether that £3m is for the season including wages or just a loan fee. If it is just a loan fee and the Owls then want City to pay his salary as well, then in my opinion they can forget it.
If Rhodes is earning say £40k per week (this is back of a cigarette packet maths) then that equates to £2m a year. A £1m loan fee in the current market would seem a realistic ask too. So, there’s your £3m.
However, if Wednesday are asking for £3m and are expecting Norwich to pay £40k per week then that is going to be a non-starter. If Rhodes was worth the £8m that the Owls paid for him last summer and that massive salary then they’d be keeping him, wouldn’t they?
Rhodes was basically a back up to Atdhe Nuhiu and Lucas Joao and managed just 5 goals in 17 starts and 14 sub appearances. The Owls also have Gary Hooper and Steven Fletcher back in training after injury lay-offs, so Rhodes is not going to get a game, surely?
With Wednesday looking to avoid falling foul to the Profitability and Sustainability Regulations within Financial Fair Play, you’d think they might be a bit more realistic regarding their demands.
If they stick to their guns then I’d expect us to move on, if we haven’t already…