Newspaper article The Evening Standard (London, England)

Richards Ready to Give Up Cash to Join Spurs

Newspaper article The Evening Standard (London, England)

Richards Ready to Give Up Cash to Join Spurs

Article excerpt

Byline: ADRIAN CURTIS

TOTTENHAM'S bid to land Southampton centre-half Dean Richards was continuing today with the South Coast side demanding [pound]10 million for Richards if Spurs, who are in Sunderland for tonight's Premiership clash, insist on paying the fee in instalments.

Standard Sport understands that Southampton will accept a fee of around [pound]8.25m but only if the Londoners are prepared to pay the money in one lump sum.

If the deal goes through Richards, the former Wolves and Bradford defender, is eligible to collect 20 per cent of any transfer fee as part of a 'golden handshake' clause in his contract. However, he admits he may have to forfeit the cash if he wants to complete the move.

Richards said: "I am aware Spurs have increased their offer and that the two clubs are now very close to agreeing a price. Southampton want [pound]8.25m but my sell-on clause would take the deal close to [pound]10m.

"That is something I will have to think about. At the moment I am in limbo and, unless Southampton accept an offer, I won't be going anywhere.

"It has been a difficult and frustrating time for me because the whole situation is out of my hands.

"Either Saints accept an offer, in which case I will talk to Spurs, or they will turn it down again.

"If that happens I would imagine it would be the end of the matter and Spurs would look elsewhere. I would be interested in joining Spurs but, if nothing comes of it, I will give my all to Southampton."

Richards' agent Ian Elliott added: "Hopefully, we will have a final decision soon. Premier League rules state the fee has to be paid in 12 months but I believe the sticking point is that the fee is not high enough.

"As things stand, it looks as though Dean would not benefit financially from a move but I take my hat off to him. I think his performances since this started have been different class but I think, psychologically, it's starting to affect him now.

"Dean is a very good friend as well as a client and I hope it all works out for him."

The negotiations were not helped by the Jewish New Year celebrations yesterday and there have been difficulties caused by the refusal of both clubs to get together and thrash out a deal. …

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