Id go, existing contract for three years with an option of a fourth mate.
Have zero faith the lad won’t crumble if Lampard isn’t here and he was honestly one of the worst Everton players I’ve seen before that, I’d be shocked if Lampard is here in five years, therefore wouldn’t be handing out five year contracts.
If you think about it logically, whose going to buy him…..
At the moment he costs us:
Wages: 4.16 mill
Ammortisation: 6.8 mill
Total annual cost: 10.96 mill.
His book price this summer is 6.8 mill. So his ammortisation would drop to 1.39 mill mill from 6.8 mill. So the club would save 5.5 mill in annual costs.
If he was a 100k a week he would cost us:
Annual wage: 5.2 mill
Ammortisation: 1.39 mill
Total cost: 6.59 mill.
We would save: 4.37 mill in costs.
Still I’d only only extend his existing deal for three years, he hasn’t been a player worth 11 mill a season for us over the last three and half years.