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Manchester City Trying to ‘Secure’ Erling Haaland With New Deal; Pep Guardiola & Co. Concerned Over $215M Buy-Out Clause

Published 02/17/2024, 10:57 PM EST

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via Reuters

Erling Haaland‘s involvement in Manchester City’s success is unquestionable. The Norwegian superstar’s goal contributions have cemented his status as an important asset for the English side. While City can bank on his services until 2027, concerns are looming over his future in England. Despite boasting a hefty $215 million release clause, Pep Guardiola and Co. are exploring avenues to secure their star player for the long haul.

Recent rumors suggested that Haaland was unhappy and was looking to leave, with Real Madrid eyeing his services. However, Mirror’s Simon Mullock suggests that the defending champions are working on securing the 23-year-old to a new contract, intending to extend his stay till 2029. This would also help them renegotiate their No. 9’s buy-out clause, which will activate at £171 million or $250 million this summer. The new deal might see Haaland earn more from his current wage of £375,000 or $ 472,000 per week, plus bonuses. On the other hand, this comes as a huge blow for Real Madrid. 

via Reuters

Since the Spanish side will likely be signing Kylian Mbappe, Florentino Perez would have also wanted to pursue Haaland in 2025 for a reduced release clause of £150 million, or $189 million for foreign clubs. However, if Haaland agrees to take the lucrative deal from Man City, then Los Blancos is in for a big blow. Additionally, the Spanish club’s concerns can grow even more, as Pep Guardiola will himself persuade the Norwegian international to stay put. 

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Pep Guardiola wants Erling Haaland to stay at Manchester City for a decade!

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In a recent press conference, Pep Guardiola acknowledged that he was unaware if Manchester City had started talking to Erling Haaland about a contract extension. However, when asked whether he wanted Haaland to stay, he said, “What do you think? That we don’t want Erling to stay for one decade?! Honestly… we want him!” That’s not all from the boss.

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While insisting on having him for a longer duration, he concluded, “We are in love with him, we want him.” Earlier, Guardiola quashed the rumors of the striker being unhappy at City. He also took a dig at reporters in Spain for linking the lethal goalscorer to Real Madrid.

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Nevertheless, for now, Haaland remains a Manchester City player, and it remains to be seen what he decides.

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Written by:

Abhishek Mishra

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Abhishek Mishra is a senior Soccer Writer at EssentiallySports. His early exposure to playing soccer earned him many accolades at college divisions, making him a sports enthusiast. While closely following daily updates for over a decade, Abhishek is well-versed in European soccer and now the MLS, as well.
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Edited by:

Daniel D'Cruz