Man United, Liverpool and Arsenal have all suffered a transfer blow as it is reported that Barcelona star Pedro’s release clause hasn’t been reduced.
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It had previously been claimed that the Spaniard had his release clause reduced from €150m to €30m after signing a new deal with the Catalan giants.
However, according to Marca, it still stands at €150m for the time being, with clubs having to come to a ‘gentleman’s agreement’ on signing the winger for less if Barca are willing to discuss it.
It is reported that the release clause is set to gradually fall from 2016 onwards depending on whether or not Pedro plays less than a certain amount of games.
The 27-year-old has already seen his playing time reduced following the arrival of Luis Suarez, while the signing of Arda Turan will likely impact his opportunities negatively too.
As a result, he may well have to consider his options away from Camp Nou in the near future, and it will be up to the Premier League trio to negotiate with Barca for a smaller transfer fee.