Wednesday, 3rd July, 2013

Shakhtar Donetsk general director Sergei Palkin insists there is no specific release clause in Henrikh Mkhitaryan’s contract, but simply a stated amount which the player must pay if he breaks his agreement.

It has been widely reported that there is a release clause of £20m in the Armenia midfielder’s contract at the Donbass Arena.



Mkhitaryan has been linked with Borussia Dortmund, Liverpool and Tottenham Hotspur, with Liverpool believed to be his first choice destination.

Now Palkin has addressed the specifics of how Mkhitaryan can leave the club, ruling out a release clause being in place.

relatedNewsStory

"Mkhitaryan’s contract does not have a clause in it", Palkin was quoted as saying by Football UA.

"It spelled out the penalties for unilateral termination of the contract, which is equal to $30m dollars.

"If Mkhitaryan wants to terminate the contract, he may pay Shakhtar $30m dollars and go to any club that he likes."

However, Palkin held out the possibility that Mkhitaryan may not break his contract in that manner, something which would allow Shakhtar Donetsk to instead demand €30m for his services.

"If we go about things in a civilised manner and sell the player, and in so doing he does not break the contract, the value we put on him is €30m."

Palkin then confirmed that the only bid Shakhtar Donetsk have received for Mkhitaryan is $30m dollars from Borussia Dortmund.

Like betting on football? You simply must check out Inside Bet!