£20m China deal on agenda for John Terry
John Terry could earn £20m net for just one season in China when his Chelsea career finishes at the end of the season.
Terry (35) has announced that he will not be given a contract extension by Chelsea and will start to consider various offers and opportunities over the next few weeks.
America has been touted as a possible destination for Terry to play out the remainder of his career, but it is in China where he can earn the most money. Ramires moved from Chelsea to the Chinese Super League club, Jiangsu Suning, where he will earn £10m a year net, and well-placed sources claim Terry can potentially double that figure.
Terry has plenty of contacts in China after embarking on a one-man promotional tour there last summer. Several Chinese clubs were already planning to make Terry lucrative offers before his announcement.
Money has been flooding into Chinese football recently with clubs willing to pay big transfer fees and huge wages to land some of the sport's most famous faces. On the other hand, Major League Soccer clubs are reluctant to splash the cash for defenders.
Terry asked Chelsea last month to meet his agent Paul Nicholls to discuss a contract extension and chose not to attend the meeting.
The club explained to Nicholls that it was not a question of definitively answering whether Terry would be given a new deal or not, but Nicholls said that an answer had to be given there and then.
The club told Terry that as things stood they could not guarantee he would be getting a new deal as they did not want to pre-empt what their new manager would want.
Terry was told that the issue was by no means decided.
His impromptu announcement following his side's win against MK Dons in the FA Cup on Sunday has caused outrage among Chelsea fans loyal to their long-serving captain.
Terry did acknowledge that he had been told by the club "when the new manager comes in, things might change" but he also made clear there would be "no fairytale ending".
He said that he had been told in January for the two previous years whether he was to be given a new one-year deal - although on both occasions the actual deal itself was announced much later.
The club are adamant that all first-team player issues - sales, acquisitions and new contracts - are ratified by the manager, despite the fact Branislav Ivanovic was handed a new one-year deal last month with no permanent manager in place.
Similarly, Chelsea have this month signed central defender Matt Miazga, who Guus Hiddink, the club's interim manager, admitted he had barely even watched on video.