John Terry could earn £20m by playing one season in China after he leaves Chelsea
John Terry could earn £20million net by playing for just one season in China when his Chelsea career finishes at the end of this campaign.
Chelsea captain Terry has announced that he will not be given a new contract extension by the Blues 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 the 35-year-old can earn the most money.
Midfielder Ramires moved from Chelsea to 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 already has plenty of contacts in China after embarking on a one-man promotional tour of the country last summer.
A number of Chinese clubs were already planning to make Terry lucrative offers before his announcement and it is expected the former England captain will now start to receive firm proposals.
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 – as has been proven by Ashley Cole’s move to LA Galaxy.
The former Chelsea left-back has moved to Galaxy on a non-designated player contract, which means he can 'only' collect a salary worth up to £278,000-a-year, although there are significant marketing and sponsorship opportunities.
Terry asked Chelsea last month to meet him and his agent Paul Nicholls to discuss the question of a new contract extension.
The club explained to Terry and Nicholls that it was not a question of definitively answering whether Terry would be given a new deal or not, but the pair said that an answer had to be given there and then.
Placed in that position, 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 think about the situation.
Terry was told that the issue was by no means decided and that he should wait to see how it developed.
However, the impromptu announcement by Terry after his side’s victory over MK Dons in the FA Cup on Sunday has predictably caused outrage among Chelsea supporters loyal to their long-serving captain.
Terry did acknowledge on Sunday 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 fairy-tale 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.
In 2014, when Terry earned his first extension, the agreement was not formalised by the club until May 13. Last season the next one-year extension was not announced until March 26. Both times Jose Mourinho was in place and able to take a long-term view on Terry’s situation.
This time the situation is different, which was conveyed to Nicholls in the meeting before the Arsenal game last month.
The club are adamant that all first team player issues – sales, acquisitions and new contracts – are always 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 interim manager Guus Hiddink admitted he had barely even watched on video.